Wise Plc Share News (WISE)

IN BRIEF: Wise CFO to step down to focus on recovery from accident

Wise PLC - London-based money transfer firm - Chief Financial Officer Matthew Briers will step down from his role by March 2024, after eight years in the role, to focus recovering from an accident he had last year, Wise says. Starts a search for a new CFO immediately.

LONDON BRIEFING: UK cuts NatWest stake below 40%, halved from peak

(Alliance News) - Stocks in London were called to open flat on Monday, after news that UK house prices hit a new record high in May and amid resumed talks to break the impasse over raising the US debt ceiling.

IN BRIEF: Wise CEO Kristo Kaarmann to go on three-month sabbatical

Wise PLC - London-based money transfer firm - Says Chief Executive Officer Kristo Kaarmann will be on sabbatical leave from September to December this year. Chief Technology Officer Harsh Sinha will stand in for Kaarmann as CEO during the interim.

London seeks to keep Europe fintech crown despite Brexit

(Alliance News) - From digital bank Revolut to money-transfer group Wise PLC and payments company Checkout, London is Europe's fintech champion and intends on keeping its crown despite Brexit fallout and declining investments.

LONDON BROKER RATINGS: Stifel likes Ryanair but not On The Beach

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday afternoon:

IN BRIEF: Former Trainline CEO to be Wise senior independent director

Wise PLC - London-based money transfer firm - Appoints Clare Gilmartin as senior independent direct with immediate effect. Gilmartin was formerly chief executive of rail and coach ticket platform Trainline PLC. She has been a director on the Wise board since June 2021.

Wise shares drop despite guidance-beating annual income growth

(Alliance News) - Shares in Wise PLC dropped on Tuesday, despite the company reporting a sharp surge in fourth-quarter income and revenue, as the average volume per customer fell.

Wise Q4 revenues rise, volumes disappoint

(Sharecast News) - Foreign exchange technology firm Wise posted improved quarterly revenue and income on Tuesday but disappointed with its Q4 volumes.

Chrysalis Investments net asset value falls 46% in first quarter

(Alliance News) - Chrysalis Investments Ltd on Wednesday reported a net asset value fall in the first quarter of its financial year 2023, citing foreign exchange as the largest NAV detractor.

LONDON BROKER RATINGS: Bank of America and Oddo BHF cut Whitbread

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning:

Wise upgrades income guidance as revenue grows in third quarter

(Alliance News) - Wise PLC on Tuesday said more customers than ever are using its platform, as it reported that its third quarter revenue had increased by half.

Wise boosted by higher interest rates, lifts FY guidance

(Sharecast News) - Payments firm Wise lifted its full-year total income growth guidance on Tuesday as it benefits from higher interest rates.

LONDON BROKER RATINGS: Citi cuts Frontier Developments; BofA ups Sage

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

UK earnings, trading statements calendar - next 7 days

LONDON BROKER RATINGS: Jefferies likes Inchcape; HSBC cuts Clarkson

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Monday: