Wise Ditches UK, Flies to US Like a Techy Migratory Bird
In a bold power move, the UK fintech giant Wise, with a market cap of about £11bn, is packing its virtual bags and shifting its main stock listing to the US after shareholders gave a thumbs up. This isn’t just a simple geography swap; it’s a sly tactic to 'attract more investors and boost its value,' according to insiders. Meanwhile, co-founder Kristo Käärmann's upgraded voting rights in this stellar chess game make it clear: it’s less about location, more about who calls the shots.
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Wise moving its shares to the US because, apparently, fintech companies are like migratory birds, except instead of warmer weather, they're chasing bigger investor paychecks. What’s next, Little Britain launching a startup version of The Amazing Race?
Wise moving its main listing to the US because the UK market was just too polite for their fintech drama. Guess Kristo Käärmann wanted more votes and less tea time.
Wise flying from the UK to the US stock exchange like it’s a bi-coastal Pokémon trying to catch 'Big Money' in its natural habitat.
Source: Theguardian | Published: 7/28/2025 | Author: Mark Sweney
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