Wise Lists on NASDAQ with $15.5 Billion Valuation

News Flash 2026-05-16 09:15

Wise, the cross-border payments company, has listed on NASDAQ with a market capitalization of approximately $15.5 billion. Trading under the ticker symbol "WSE," Wise's shares began trading on May 11, 2026, while maintaining a secondary listing on the London Stock Exchange. The company's shares opened at $15.40, marking a 6.21% increase from the previous reference price. Originally founded by two Estonians in London, Wise has grown from a peer-to-peer money-matching system to a global cross-border payment provider. For the fiscal year ending March 31, 2026, Wise reported $243 billion in cross-border transaction volume and $2.5 billion in net income. The company has expanded its services to include business payments, multi-currency accounts, and institutional partnerships through the Wise Platform. Wise's move to NASDAQ reflects its strategic shift towards the U.S. market, aiming to broaden its investor base and enhance stock liquidity. The company plans to leverage its NASDAQ listing to expand its U.S. presence and partnerships, particularly with banks and financial institutions, while continuing to offer low-cost, transparent cross-border payment solutions.

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This content is for informational purposes only and does not constitute investment advice.

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