Added to YB: 2026-03-04
Pitch date: 2026-03-02
WISE.L [bullish]
Wise plc
+0.4%
current return
Author Info
The Oak Bloke shares analysis of the UK stock market, particularly overlooked small caps. Sign up for the newsletter.
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 8.7B
Pitch Price
GBP 8.69
Price Target
2.2K (+24805%)
Dividend
N/A
EV/EBITDA
14.04
P/E
23.26
EV/Sales
4.34
Sector
Financial Services
Category
growth
WISE cracks
WISE.L: Processes $200B annually vs SWIFT's $6T daily, but holds just 0.47% of $43T non-wholesale cross-currency market & 0.01% of $27T SWIFT B2B payments. Platform powers 100+ banks (Morgan Stanley, Standard Chartered, Nubank). Cost advantage: 20-50x cheaper than legacy banks, 3-13x vs fintechs. Take rate declining to 0.35% from 0.52% to gain scale. At 10% market share: >£1B profit, implying 150%+ upside to £22B cap.
Read full article (6 min)