Professional
Added to YB: 2025-04-03
Pitch date: 2025-04-01
WISE.L [neutral]
Wise plc
-11.17%
current return
Author Info
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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 9.71
Price Target
N/A
Dividend
N/A
EV/EBITDA
14.10
P/E
23.34
EV/Sales
4.36
Sector
Financial Services
Category
growth
(LSE:WISE) Wise: Disrupting Cross-Border Payments, But Not Remitly
WISE.L: Global money movement platform with 0.64% take rate vs Remitly's 2.3%. Focuses on affluent expats, SMEs, travelers. Direct rail access in 8 countries. Prefunds for instant delivery. Challenges: regulatory barriers, capital intensity. Trading at 5x EV/Rev, awaiting platform growth proof.
Read full article (12 min)