Professional
Added to YB: 2025-04-25
Pitch date: 2025-03-31
WISE.L [neutral]
Wise plc
-9.3%
current return
Author Info
No bio for this author
Company Info
Wise plc provides cross-border and domestic financial services for personal and business customers in the United Kingdom, rest of Europe, the Asia-Pacific, North America, and internationally.
Market Cap
GBP 8.8B
Pitch Price
GBP 9.52
Price Target
N/A
Dividend
N/A
EV/EBITDA
14.10
P/E
23.34
EV/Sales
4.36
Sector
Financial Services
Category
growth
Orbis Emerging Markets Equity Portfolio Holding: Wise plc
WISE.L (holding update): Fintech disrupting cross-border payments with proprietary global network, charging 0.5% vs banks' 2-10%. $165B transfer volume (5% mkt share) with 3x growth in 4yrs. Strong moat via regulatory approvals, bank partnerships (Nubank, Stan Chart, MS). Mission-driven culture under founder CEO. Valued at $14B, 25x P/E - reasonable given FCF strength & massive $34T addressable market.
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