UK payment company Wise says Q2 revenue up 25%

FAN Editor
FILE PHOTO: Wise logo is seen on a smartphone in front of a displayed stock graph
FILE PHOTO: Wise logo is seen on a smartphone in front of a displayed stock graph in this illustration taken June 18, 2021. REUTERS/Dado Ruvic/Illustration/File Photo

October 19, 2021

LONDON (Reuters) – Money transfer company Wise Plc said on Tuesday that its revenue was 132.8 million pounds ($182.97 million) in the second quarter, a rise of 25% from the same period last year.

Wise, which listed on the London Stock Exchange in July, said it expects its revenue growth for the year to March 2022 to be in the low- to mid-20% range over the previous year.

($1 = 0.7258 pounds)

(Reporting by Tom Wilson; Editing by Rachel Armstrong)

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