Added to YB: 2025-06-09
Pitch date: 2025-06-05
WISE.L [bullish]
Wise Group plc
-20.52%
current return
Author Info
Quality investing shares pitches on high quality stocks. Sign up for the newsletter.
Company Info
Wise Group 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 9.2B
Pitch Price
GBP 11.50
Price Target
N/A
Dividend
N/A
EV/EBITDA
14.97
P/E
25.38
EV/Sales
4.63
Sector
Financial Services
Category
special_situation
[FREE] Why Wise’s “Governance Problem” Might Be Its Greatest Strength
WISE.L: Moving primary listing to US despite Reuters criticism of CEO's "quirky governance" (dual-class shares giving Käärmann control despite <20% economic ownership). Bull case: Founder control enables long-term vision like Meta's mobile pivot. FY23 saved customers £1.5B vs banks, growing profitably. Alignment with US investor base.
Read full article (9 min)