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Wise Targets U.S. Payments Growth With Nasdaq Listing and New Banking Products Wise has completed a primary listing on Nasdaq while keeping its London listing, aiming to deepen access to U.S. capital and support expansion in the U.S. cross-border payments market.
For FY 2026, Wise reported cross-border payment volume of $243b, with a 31% year-over-year increase and a 40% rise in customer holdings, and is building out the Wise Platform to serve banks and fintechs.
The company is pursuing a U.S. national trust bank charter and a Federal Reserve master account to connect directly to U.S. payment rails, while also rolling out products like the OwnWise loyalty program and everyday UK bank accounts with interest.
These developments indicate Wise is focusing on both infrastructure services and consumer products, which could diversify its revenue mix alongside its stated medium-term targets for 15% to 20% net revenue CAGR and higher EBIT margins.
Investors may want to watch regulatory progress in the U.S. and customer adoption of the Wise Platform and banking products, as these areas could influence Wise’s competitive position in cross-border payments and broader financial services. Announcement • May 05
Wise Introduces Multi-Currency Interest Feature In Canada Wise announced the launch of its new Interest feature for people and businesses in Canada. Wise is the first provider in Canada to enable customers to earn a return on balances held across multiple currencies within one consolidated account. Eligible customers can now opt into the new Interest feature to earn a market-leading return on balances held in CAD, USD, EUR and GBP from the convenience of their Wise multi-currency account. Once opted in, customers can continue to hold, spend, send and convert their money internationally from their balances with no penalties or minimum balance requirements. Key features of the new feature include: Earn market-leading returns across currencies: Opt in to Interest and earn 2.22% in CAD, 3.14% in USD, 0.8% in EUR and 2.21% in GBP from the convenience of the Wise multi-currency account; Instant access to your funds: Continue to hold, spend, send funds internationally with no minimum balance requirements or lock-up periods; Simple opt-in: Activate the feature in just a few taps within the Wise app. This launch builds on Wise's growing momentum in Canada, where its active customer base grew by more than 30% in Fiscal year 2025. Wise became a member of Payments Canada earlier this year, making it eligible to apply for direct participation in Canada's national payment systems, including ACSS, Lynx and the forthcoming Real-Time Rail. Over time, this direct access to local payment infrastructure would enable Wise to move money faster and reduce costs further for Canadians and people sending to and from Canada. Announcement • Mar 03
Wise plc Announces Appointment of Scott Hill as Independent Non-Executive Director Wise plc announced the appointment of Scott Hill to its Board as an Independent Non-Executive Director. Scott brings to Wise extensive experience of leading and serving on the boards of major global technology and consumer businesses. Between 2007 and 2021, Scott was the Chief Financial Officer of pioneering fintech Intercontinental Exchange, Inc, parent company of NYSE. He currently serves as Chairman of the Board of Directors at CS Disco, and as a member of the Board of Directors and Chair of the Audit Committee at Cardlytics. Earlier in his career, Scott was an international finance executive for International Business Machines Corporation (IBM) from 1991 to 2007. 
