Wise PLC Class A (GB:WISE) has released an update.
Wise PLC Class A reports robust growth in Q2 FY25, with a 23% year-over-year increase in active customers to 8.9 million, driven by recommendations from existing users. Cross-border volume surged by 20% to £35.2 billion, alongside a significant rise in customer deposits and card revenue. The company’s strategic pricing investments and recent regulatory approvals in key markets, such as India and Brazil, underscore its commitment to becoming the leading global money transfer network.
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