Added to YB: 2026-06-10
Pitch date: 2026-06-07
WISE.L [neutral]
Wise Group plc
-4.63%
current return
Author Info
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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 8.1B
Pitch Price
GBP 8.20
Price Target
N/A
Dividend
N/A
EV/EBITDA
12.92
P/E
22.38
EV/Sales
3.99
Sector
Financial Services
Category
growth
Wise - Sharing Economies of Scale
WISE.L (overview): Cross-border payments disruptor (formerly TransferWise) w/ unique netting infrastructure, no FX spread, mid-market rates. FY26: £145.2B processed, £1.2B rev, 0.83% take-rate (falling toward 0% by design), 75% gross margin, 12% unit op profit vs Remitly -3%. Costco-style flywheel: shares scale w/customers, locks them via accounts/assets, 2/3 new via word-of-mouth, low marketing spend builds durable moat.
Read full article (7 min)