Wise on track for Nasdaq primary listing on May 11 as Q4 income rises 24%

Wise is on track for its primary listing to shift from London to Nasdaq on May 11, 2026, after the money transfer company's fourth-quarter earnings beat analyst expectations. Underlying income rose 24% year-on-year to £435.3 million, while cross-border volumes grew 27% at constant currency to £49.4 billion.

Wise will not disappear from the UK market. It keeps a secondary listing on the London Stock Exchange, so existing UK shareholders can still trade the shares there, but the company's main regulatory and reporting home will become the United States. Going forward, Wise will present its full-year results in US dollars under US GAAP.

For the full year FY2026, Wise posted £1,609.2 million in underlying income, up 18% year-on-year, underpinned by 11.3 million active personal customers (up 22%) and 572,000 Wise Business customers (up 26%). Customer holdings climbed 37% to £29.4 billion, and card and other revenues advanced 29%. Full year cross-border volumes reached £181.7 billion, up 25%.

"We are making good progress on building the network for the world's money," said Kristo Kaarmann, Chief Executive Officer and Co-Founder of Wise. "Our infrastructure makes cross-border transactions cheaper and faster." Kaarmann added that the US listing "will further increase" the payments firm's profile in the US, where the company is looking to partner with more than 4,000 banks.

Separately, Wise has applied for a national trust bank charter in the United States, signalling a deeper push into the American market beyond just cross-border payments and FX. If granted, the charter would allow Wise to expand the financial services it offers to US customers.

The cross-border take rate came in at 51 basis points, down 2 basis points year-on-year, reflecting continued pricing investment as Wise scales its network.

About Wise

Wise is a global technology company building the best way to move and manage the world's money. With Wise Account and Wise Business, people and businesses can hold over 40 currencies, move money between countries, and spend money abroad. Large companies and banks use Wise technology through Wise Platform, its infrastructure for cross-border payments.