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WSE +8.14% today · Analysis updated Nov 13, 2026, 10:34 AM ET
Why is Wise Group plc (WSE) stock up today?
Wise reported results for the six months to September 30 after the US close on November 12. Net revenue rose 23% to $1.45 billion (22% at constant exchange rates), active customers rose 21% to 16.2 million, and money moved across borders rose 24% to $141 billion. Income before tax grew a slower 9% to $335 million, a 23% margin, as operating costs climbed 28% on new products, servicing and marketing. Wise now expects full-year revenue growth in the upper half (17.5-20%) of its 15-20% target range and a pre-tax margin around the top of its 20-25% range. By about 10:26 AM ET its US shares were up about 8% at $11.82.
News behind the analysis
- Wise shares jump 9% as revenue growth forecast lifts full-year outlookRevenue +23% to $1.45 billion; outlook in the upper half of the range; pre-tax profit +9% as costs rose 28%; London shares up as much as 9.6%.
- Wise lifts revenue outlook as first-half customer numbers and payments volumes jumpActive customers +21% to 16.2 million; cross-border volume +24% to $141 billion; income before tax $335 million.
- Wise Group plc H1 FY27 ResultsCompany outlook: FY27 revenue growth 17.5-20% at constant currency and pre-tax margin around the top of 20-25%; new platform partners.
- Wise Group H1 Grows 6%, Backs FY27 Guidance; Shares Up OvernightNet income +6%; guidance reiterated; Nasdaq shares up about 6% in overnight trading.
About Wise Group plc Class A Ordinary Shares
Wise Group (formerly TransferWise) is a fintech company that lets people and businesses send, hold, spend and receive money across borders in more than 40 currencies. It is known for low, upfront fees and its own global payments network, which connects directly to local payment systems. It moved its primary listing from London to Nasdaq in May 2026 and kept a secondary listing in London.
How it makes money
Most of Wise's revenue comes from fees on cross-border transfers and currency conversion, both from consumers and from Wise Business accounts. It also earns interest income on the customer balances it holds (about $39 billion in FY2026) and money from card spending. A smaller share comes from Wise Platform, which sells its payment infrastructure to banks and other companies. Net revenue for the fiscal year ending March 2026 was about $2.5 billion, on roughly $243 billion of cross-border volume.
What usually moves WSE
- Growth in cross-border volume and active customers
- Interest rates, which affect income earned on customer balances
- Fee cuts and take-rate changes
- US expansion and the progress of its US banking charter application
- Competition and regulation in money transfer
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