Wise Plc’s plan to shift its primary listing out of London gathered momentum after some existing shareholders rebuffed a ...

At an extraordinary general meeting, shareholders owning more than 90 per cent of class A stock cast their votes in favour of ...

Wise (WISEa.L), a cross-border payments firm formerly known as TransferWise, made its market debut on Wednesday, becoming the biggest tech company to list on the London stock exchange.

Taavet Hinrikus is urging a vote against the fintech's move on the grounds of separate concerns over shareholder rights that are tied up with the proposal.

Wise Plc is planning to list its shares in the US, the latest loss for London’s stock market after companies worth roughly $100 billion have shifted their primary listings stateside in recent years.

Wise debuted on London's stock market in 2021 in a direct listing that valued the company at £8 billion ($10.84 billion) at the time. It is now valued at £11.07 billion, according to LSEG data.

The outlook: Wise is a decade-old success story and has had several profitable years, which is seldom the case for other fintechs. The listing only involved 2.4% of the company’s shares.

LONDON (Reuters) -Shares of financial technology company Wise ended 10% up on their first day of trading on Wednesday in London’s largest ever tech listing that could pave the way for other ...