Wise Group Share Chat (WISE)

Yes definitely no stamp duty.No wonder we have a pants investment culture in this country.So some good news for us .Starship delayed until wednesday now .I hope space X Float ,doesn't suck to much life out of the Nasdaq in the following months.Its going to be easily the biggest capital raise in history.

Surprise today.Bought a few more today,averaging down a bit. Amazingly I wasn't charged any stamp duty.Nice surprise.Should be same as trading on aim,yet more liquid and tight spreads.

I was wrong ....no rise,maybe business as usual as in London.Rise on any good news ,then roughly 20%fall back over the next 2to 4 weeks.

I think analyst/investor enthusiasm is tempered slightly by the promise of almost nil cost exchanges and the reliance on other services.No doubt this will come good eventually.I will try to increase my holding by selling maybe 40% of holding on next decent uplift.Only problem is fomo,if /when USA investors latch on/favour above the completion,then this becomes a long term hold.Got a bit carried with the rockets.Should be a real one going up on Tuesday ...Starship.

Not sure what happened to Japinto and his countdown to "take off" 😂 but Goldman's were upbeat enough, as of Tuesday at least.

https://www.tipranks.com/news/wise-stock-wse-sinks-but-goldman-sees-a-long-term-cross-border-payments-winner

Disagree London. I think it's more that investors saw a Fintech entry and were hoping for a 20-30% rise, as some do.

It never materialised so people have pulled the money out looking for better chances.

That's good and I'm glad the fickle, greedy ones have lost out.

This will be fine and once it has stopped dropping, I'll be adding, as it's a good investment, imo.

This was always a risky move. Greedy executives. It’s a disgrace they were relocating to the US in the first place and now shareholders will pay the price.

I always think that when UK stocks enter the NYSE they run the risk similar to UK businesses entering the US market generally. The US is so protectionist.

Nevertheless, WISE is a great business. It's a jittery start on that exchange. Perhaps it's regarded as an unknown name and hence the drop. It's a long term hold for me.

I always think what it must be like in the boardroom when discussing these things. "Right, how is the stock price performing since our US listing went live". "Erm, US listing down 24% and counting, UK listing down 16%".

Talk about value destruction.

Following the last trading update on 13th April WISE price hit 1026. At that stage the Tech 100 was 25,000; today it is 29,000, and WISE is 940. WISE feels like a diamond covered knife; if you catch it right, you could do very well, but given the declines this week needs some courage.

Just a shame that management failed to sell their company during the presentation on Monday; can't think of many top executives which could drive a 15% decline in a share price when supposedly the message is a positive one!

I am surprised to see this back in the 9s, but I did decide to vacate my position before the new listing as the markets are jittery especially in situations like this. I’m sure the business is fine . How the companies are doing and what the share prices are doing seemed to be completely disconnected

During April I saw there were some who were giving BULL case investment posts for WISE on Substack.... their case sounded quite convincing and I suspect a number of folks jumped in based on those posts .... there may now be some profit taking on the back of that, now that the herds buying, have slowed down, and indeed peaked....since then..

Yesterday the US inflation report showed an uptick in inflation and as such borrowing costs nudged up - which may well have been a negative on shares where spending transactions are important

And down another 4% pre-market in the US. Hard to think of a large cap having such a disasterous start.

What the chuff is going on.Why the fall!? Never mind ,keep the faith!

Hmmm, wonder if the BoD still think a US listing is still such a great idea. SP absolutely tanking 😕

10 9 8 7 6 5 4 3 2 1 liftoff Wise is know airborne and soon to be in the phsycie of all the major stock players of the richest nation on earth.

God speed to all aboard the latest world changing investment.

Main engine ignition ...Everything nomimal folks.Looks like we're go for launch.

Listing goes live in the US in just over 3 hours .

I should coco. Listing May 11th. Just over 3 weeks. My money is on WISEY for ticker

Does anyone know what Ticket this is going to be using for Nasdaq and whether any of the listing documents have been filed yet?

Oh wait, just realized that the term"paying dividends" has also another meaning. my bad, if you didn't mean it literally.

I'm not expecting a dividend anytime soon. Wise is in full growth mode. The CEO mentioned it many times. I think that's also a reason why Wise moves to the US. British investors want a dividend, US Investors appreciate growth stories better.

Also the CEO secured majority voting rights over the next 10years with the US-Listing. So he can execute his strategy without pressure from institutional investors (who might want a dividend/different capital allocation strategy)

Thank you 😊

If Im reading the tea leaves right, I'm hoping my investment here two years ago to really start paying dividends once it launches on NASDAQ 🤞🏻

Now I wouldn't put my life on this, but the last RNS states that De-listing of Wise plc Class A Shares and trading in Wise GROUP plc class A shares both happen at the same time (8am on the 11th). Nothing else changes from what I've read and it's basically just a renaming.

Not had a company move primary listing to NASDAQ whilst retaining a secondary listing on LSE. Anyone know what happens to shares held on T212? Do they get auto sold? Get retained in pounds? Get retained but converted into dollars?

Not if the directors and others are going to sell down before nasdaq lift off. Perhaps a bit premature till we get there.

Let's see if it can get past the £11 level in the next few days. Several attempts already made so you'd imagine that the resistance ought to be starting to wear down. Easy to forget that we were under £9 less than a month ago.

I may be wrong (I usually am lol) but I can only see this going in one direction when it shortly establishes itself on the NYSE. I think the market, given the large rise in the last week, is starting to recognise this. This is a quality company in my view, way ahead of the game. I have already bought but I wish I had bought more earlier. If it goes to Nasdaq, they value these tpes of companies far higher.

.wealthoracle.co.uk/featured-companies

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wise delivered a strong fy26 trading update, underpinned by continued volume growth, expanding customer engagement and increasing diversification of revenue streams. the business remains firmly in a high-growth phase, with cross-border volume rising 25% to £181.7bn and underlying income increasing 18% to £1.6bn. in q4 alone, volume grew 27% and underlying income 24%, indicating sustained momentum into the year-end. the core driver remains customer growth and usage intensity. active customers increased 21% to 18.9m, while customer holdings rose 37% to £29.4bn. this is a key strategic development: wise is evolving beyond a pure cross-border payments provider into a broader financial platform. higher balances within the wise account are driving growth in card, spending and ancillary revenues (+29% yoy), improving monetisation per customer and increasing revenue durability. a notable feature of the model is the deliberate reduction in pricing. the cross-border take rate declined to 51bps (from 53bps a year ago), reflecting continued investment in lower prices to drive long-term volume growth. this is consistent with wise’s strategy of prioritising scale and network effects over short-term margin expansion. despite this pricing pressure, profitability remains robust, with fy26 underlying pbt margins expected at the top end of the 13–16% range. this indicates strong operating leverage and cost efficiency...

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.wealthoracle.co.uk/featured-companies

Churchill China delivered a soft FY25 performance against a challenging hospitality backdrop, with revenue declining modestly by 2.6% to £76.3m and profit before tax falling to £6.0m (FY24: £8.5m). The reduction in profitability reflects a combination of lower manufacturing volumes, cost inflation (notably labour and energy), and deliberate inventory reduction, which increased unit production costs. EBITDA declined to £9.4m (FY24: £11.7m), with margins compressing accordingly. Despite these pressures, the quality of the business remains intact. Churchill maintained a strong balance sheet, with cash increasing to £10.8m, supported by disciplined working capital management, including a £2.0m reduction in inventory. This positions the company defensively, allowing continued investment through the cycle without reliance on external funding. Operational execution remains a key positive. Ongoing capital investment in automation and factory efficiency is beginning to deliver tangible benefits, including improved yields, reduced waste and lower energy intensity. These initiatives are central to the medium-term margin recovery story, particularly as the business transitions from a cost absorption drag in FY25 towards improved operational leverage as volumes recover. End-market conditions remain mixed. The hospitality sector continues to face structural pressure from inflation and subdued discretionary spending, limiting new installation demand. As a result, Churchill has relied more heavily on its replacement business, which is inherently more stable and recurring. Encouragingly, performance across Europe, North America and the UK remained broadly stable, with Europe showing a stronger second half (+7%), and management indicating an improved pipeline entering FY26. Strategically, Churchill is positioning for recovery and incremental growth. Expansion in Continental Europe, where market share remains relatively low, offers a clear opportunity. Additionally, recent tariff dynamics (particularly on Chinese imports into Europe) may provide a competitive advantage for UK-based production. The company is also exploring adjacent product opportunities...

.wealthoracle.co.uk/featured-companies

.wealthoracle.co.uk/featured-companies

Well I read some misinformation. Indead it is the Nasdaq. Always listen to what comes out of the horses mouth.

Look forward to aqr unwinding their short position, always makes me smile.

Nasdaq listing requirements are usually $160–850 million. Wise currently market cap is around $13 billion.

Wise's market cap is £9.9 billion, way above Nasdaq's requirements.

I forget where I read it, but some financial journalist was explaining that companies joining Nasdaq need to qualify with a huge market cap..Hope he was wrong but I imagine it may get taken over by big tech before it reaches the size for Nasdaq .We’ll all be Wiser about wise tomorrow.lol

Listing on May 11th 2026. All looks good.

Of course they are expandinding. They are extremely competitive, 87% cheaper than bank cards. My partner has a card , and uses it regularly, and over 3% paid on balance which is also better than any bank. I know more people use this card than any other and as pleased as punch with the service. I havnt used mine yet as I get a free service anyway. The ambition is bold and looks like listing on nasdaq this summer to try and chip away at Swifts dominance in USA . This will obviously takes some time but getting a big slice of an available massive pie is the name of the game. If you dont get it , no worries. I dont tend go round boards telling people im not interested in a product .

Had a customer survey from WISE yesterday in my inbox. asking me about new products of shared accounts with spouse/partner etc. pooled accounts for saving and spending e.g. when travelling as a group. and young kids junior debit cards that track spending. seems like they are looking to really expand the offering although I can't say any of these services particularly interest me or offer anything that another app or my current account can't do.

Gotta love this

And another,. No volume to speak off

And another, although it’s actually 8.68 with a lot of very silly trades. Too silly

Looks like another buying opportunity. Pretty low volume

Some very odd trading going in here last couple of days. Anyone would think it was price manipulation lol

An encouraging read. As a relatively new investor, I've not yet got a handle on the SP behaviour but the scale of the upside makes me a little more comfortable in taking overweight positions when the SP looks relatively cheap.

Like all his deep-dives, this is well worth a look. Led to me taking a modest amount here this morning. He also likes PRTC and ECOB today 👍

https://theoakbloke.substack.com/p/wise-cracks

Has anyone seen a target date for when the main listing starts on the NYSE?

Any excuse to drive the share price down to try spook invesrtors then the money men cash in lol hoping the dual listing starts to even the price out, Wise is that successful the shares should be over £12

Interesting how this is being caught up in the AI software crash. Doesn't seem particularly vulnerable to me but I'm far from an expert. Any views?

Listing

Definitely Bailey Gifford just doubled their stake to 10% Get in now.Not sure how the duel losing will work.Hope it's a direct of price on NYSE and no disconnect or disparity in quotes.

Could be a good top / entry point here before the (hopeful) catalyst of the US listing

Https://paymentexpert.com/2026/01/21/wise-dual-listing-h1-2026-update/

I've been topping up the last week while this fell to 800p. Now my 2nd biggest holding, a great business and product, know a lot of people using the product with very positive feedback. Cheapest FX product by a mile, and brand recognition growing with many foreign friends now using it too. Good leadership doing the right things (long term investment, US listing), I see this doubling in 3 years easily. Holding for now, but would top up it falls back to 900s.

I knew these numbers were decent and wanted to add some yesterday.

I went through the RNS' yesterday to find out when the update was, but couldn't find it, although I knew it was sometime this week.

A bit frustrating, but I think I'll wait for it to pull back a bit after today's usual euphoria after good results.

Yes, it's a great product. The only thing that bugs me is I've just had 5 weeks in Spain and 9 times out of 10, the contactless didn't work and I had to keep typing my PIN is.

That's so old hat, but a third world problem, I guess.

Very solid numbers.

I am expecting even accelerated growth when Wise US National trust application gets accepted and they have direct acces to the FED rails.

From my perspective, it reflects an overall positive outlook, emphasising strong customer growth, expanding services, and a solid focus on long-term investments.v This should be seen as a strong endorsement of Wise's strategy and its potential to capitalise on global market opportunities. IMO, this could move a lot higher in the coming months.

Finance Magnates covers significant events and trends in US markets. Our visibility is growing over there:

https://www.financemagnates.com/fintech/payments/wise-serves-11-million-customers-as-volumes-hit-47-billion/

I agree…management expecting accelerated growth so they invest in headcount - but there’s uncertainty about that, so the SP drops

I am also here for the very long term and will add to my existing position.

The CEO seems like a very genuine dude. Modest Salary, no bonus or other incentives - just like Bezos back in the days

Wise is of course planning to shift its primary stock listing from London to the NYSE or Nasdaq this year to access deeper capital markets, attract more global investors, and increase trading liquidity. It will maintain a secondary listing in London. The move aims to boost valuation and growth. A great deal of investment in people and infrastructure is surely a prerequisite for this to happen. I think this is a good long term hold.. Buy on dips in SP!

Wise increased the headcount massively according to the last report.

I think it was like 1000 people within the last 6 month which resulted in increased administrative cost of +27%.

So there is some uncertainty that the accelerated investment in headcount and marketing actually also leads to accelerated growth in user/revenue

Trading update next week will be critical to the share price trajectory. Its all very disappointing at present and my view is its the founders shares causing the problem.

Price now back to the IPO level from July 2021…what a dismal failure. Down 10% 2 weeks into 2026 alone. Im surprised shorts haven't started sniffing around giving the negative momentum and sentiment. Pretty much straight down since Sept 2025, I wonder what will turn this around?

Wise is a cash generating machine, I’m sure it will come good and in 5 years time will be significantly higher than today, but it seems the market is finding the 26/27 reduction in profit a bit hard to swallow in the short term

Barclays cuts target price for Wise. I always think these guys just pluck a figure out of the air. Meanwhile Investors Chronicle over Xmas tipped Wise as one of their shares to watch in 2026. Probably now the kiss of death! In my view though, these shares could be re-rated if they join NY in spring/summer

If you go back over the last 4 or 5 years, you'll see this is normal. This is how everyone gets their bonuses, it's nothing exceptional. All the way up to the CIO, CTO, CMO etc. If Kristo (CEO) sells, then you may want to pay attention :)

Why has Jessica Winter ( chief compliance) sold four times in two months? Seven other senior executives have done the same during that period. That makes the market and private shareholders nervous. I'm not happy either. Possible slowdown in growth / margins, but if the go-ahead to NY happens, the stock could be re-rated.

Looks like you did the sensible thing Anon. Anyone got ideas in why this is down so much today , surely can’t just be the share sales by he legal director again ?.

I'm thinking of adding too, but not yet. Everything else is up, but this is just drip, drip, drip downwards.

So glad I dumped 60% a while back.

It's also made me reconsider Wise's decision to list in the US, which really has many reasons for making complete sense (e.g., capital market access, possibly less chance of further US fines, CEO being able to retain control, US backing would heavily support Wise's business, etc) and likely will enhance chances of challenging SWIFT, or at least taking healthy chunks of SWIFT's business. Likely to re-invest here over coming weeks.

Find this company quite interesting to follow. Business metrics consistently improve QoQ, and, in the most recent update, the growth in business was quite encouraging and there could be quite a fast ramp up here.

Full disclosure I'm no longer a shareholder - I bought at 696p and sold recenently at 1059p and 964p for a roughly 50% overall gain. But I'm keen to get back in, although I think there is a chance the share price moves lower due to: (i) Interest rate cutting cycle continuing leading to lower net interest income, (ii) Relatively "high" (this is up for debate - see below) valuation, (iii) Telegraphed continued large increaes in admin spend related to hiring - this not only reflects a cost now but years to come, and a higher cost base can create extra pressure on execution and increase execution risk, (iv) the resulting lack of profit growth, (v) the uncertainty about the implications for future profit growth (the investment in admin may take time to pay off - and to me speaks of a strategy to secure more business customers).

But what really captured my attention is the discussion on here about Wise building a competitor to SWIFT. This is a really interesting thesis. I'm not 100% convinced yet, but even if this is only 10% true, the market size here could be phenomenal, even larger than their stated TAM of $32tn. The fact that SWIFT is working with Wise suggests that this will only grow and also that Wise already has some competitive advantages that SWIFT cannot compete with and recognises are better in some/many instances.

The reason I'm not convinced is due to lack of understanding about competition. I believe there are direct competitors to Wise, but Wise seems to moving ahead (maybe because I'm familiar with it) and is more focussed on demarcated niche. I believe Wise's paragraph on stablecoin in their recent update seemed measured and gave some arguments in favour of Wise's current approach, but came across as a dismissal.

As an example of the jobs showing new areas, here's a listing taken today from WISE's tokyo office look like they are going for a banking/payments license:

This is not your typical business development or relationship role. You are responsible for accelerating the expansion in Japan being extremely hands-on to drive the expansion effort. You will have full responsibility for overseeing our license acquisition, banking and payment scheme partnerships, figuring out a next level growth strategy and executing on it. Through your work, you will have the ability to directly influence our product capabilities in Japan.

Totally agree with Ancaren.

Revolut subsidizes their cross-border money exchange with their subscription model.

They can't offer that service for insitutions like wise does.

Revolut and Wise are competing in the personal and business banking field, but not cross-border money transfer field.

Interesting to hear the CEO's replies are weak - good scenario here is that they are working on something and don't want to tip their hat. I haven't done this but one way to track this is to look at WISE job openings as these are a good signal for what they are working on currently / next. I have seen this successfully analysed before where the job adverts spell out what projects are going to be worked on.

The mega opportunity for Wise is not competing with companies like Revolut, it's the 100% fully owned global transport network for crosss border money exchange that, under today's conditions, only has SWIFT as a meaningful, but incumbent competitor. Revolut has none of that, it's just a customer facing competitor that has the option to charge less here and there for money transfers, and cross subsidize to retain/grow customers. Wise will continue to face direct competition there for sure, based on the 1000s of transfer companies, including Revolut.

But if they win the battle with SWIFT, Revolut will be transferring their payyments using the Wise network anyway. Just like NuBank does, (the largest challenger Bank in The Americas), and Itau (the largest private bank in Latin america), two cite 2 examples.

The reason stable coins MAY be relevant is simply one of rapid advancements in technology. Over time, something may come along and totally displace the current FIAT money transfers that we now have. It won't be tomorrow, or next year, and of course it comes with its own costs and regulatory hurdles as Dibbs99 rightly mentions. Just like Wise faced when it started building a global "money as we know it" network.

I'm invested in WISE, I think the game is over regarding SWIFT. But I am cautiously aware that it can't currently be considered the "Amazon" of money transfers, as Jamie Ward describes it, and that means everything is hunk dory. Every half year/full year presentation, the CEO Kristo is asked several times about crypto/stable coin threats and his answers have been weak. He just avoids answering. For a company looking 10 to 20 years into the future, I would prefer if WISE had a better outlook on the potential threats, or at least a better response.

Still a happy investor, despite these comments.

People have been saying crypto/stablecoins will derail international payments for years, and it does have obvious potential. but right now it's not free to transact on crypto, there's fees to get your money into crypto/stablecoins, fees to send it and fees to get it back to FIAT currency again. there's also trust issues and too many vendors / providers. all that to say I think it'll be a while till we see a threat to the likes of WISE and in the meantime they might go down the stablecoin route themselves. Revolut are probably the biggest threat, they are hoovering up young customers internationally who will earn more money overtime and start transacting more. as they do they can also net off currencies from holdings in different countries to facilitate cross border payments and take WISE's trade, Revolut are known to be fast and loose though and I think at some point there will be fraud / money laundering issues. many banks have fallen down this route over time through rapid international expansion (HSBC, BCCI etc.)

I bought in as I have been a user for many years, now that I am based outside of UK I use it almost weekly, it works well for my purposes and is better than the banks. I have compared many services and WISE has the best rates. I like their almost Vanguard like pursuit of bringing the rates down unlike rivals such as worldremit who are trying to make the biggest spread possible. From what I see this is an example of a company building a great product and the customers following rather than just trying to make the most amount of money from the get go. I haven't used their banking like products such as travel cards and I do think they face competition from Revolut and others here. Also I'm not sure a $1trn target is realistic but it can certainly grow from here

Thanks Dibbs. I had been thinking I might offload my meagre number of shares for another investment but reading that changed my mind. It's a question of being patient. I am not particularly good at that and one day will learn. The shares have been flat lately but let's be optimistic.

I did see and Ad on Sky Sports or TNT this week, interestingly. I wasn't that impressed being brutally honest but if it hits the target, why not.

Never mind, found it:

https://moneyweek.com/currencies/wise-share-price-opportunity-for-investors

So what was the verdict?

Thanks 799, I found his money week posts after I had posted here.

Good movement on the Goldman's upgrade note today

For these 'insiders' to be selling chunks of shs ahead of the Co's US listing - okay, they're not large disposals in the overall scheme of things but couldn't they have held off for a short while until after the event? Perception, after all, is important in this game - sasa.