International transfer enabler Wise is set to go public “within days”, Sky News reports.
In Brief:
It’s reportedly listing on the London Stock Exchange.
The business is currently waiting for final regulatory approvals.
Currently, Wise has 10mn customers and transfers $5bn every month.
What does this mean?
Wise has been going through a heavy period of growth, especially through Covid-19, when it has moved from just offering transfer services to an interest in more bank-like features – hence its rebrand from TransferWise.
