RE: Re - Fintech Wise @ £9bn8 Jul 2021 11:19
I am not discounting the possibilities with SYME however Wise, well TransferWise as I know it, is integrated in many platforms. I spotted it on Xero about 12 months ago. It has the ability to generate revenue from ANY business. SYME is really focused on larger entities for the time being. I suspect that might be the driver for the large PE Ratio. It has the scope to increase growth extremely quickly. It will not be long before the takeup of the Wise service becomes more mainstream as a means to pay bills etc.