×
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT

Fintech firm Wise announces plans for direct listing in London

Goldman Sachs and Morgan Stanley are working on the listing
Last Updated 17 June 2021, 09:54 IST

British fintech firm Wise said on Thursday it will go public in London in what will be the first direct listing of a technology company on the London Stock Exchange.

The payments app, formerly known as TransferWise, said it has been profitable since 2017, with a 54% revenue growth rate over last three years reaching 421 million pounds in overall revenues in 2021.

Goldman Sachs and Morgan Stanley are working on the listing.

ADVERTISEMENT
(Published 17 June 2021, 07:42 IST)

Follow us on

ADVERTISEMENT
ADVERTISEMENT