Wise has offered the opportunity for investments from the US.
In Brief:
US customers, retail and institutional investors will be able to invest in Wise from September.
Wise went public back in the UK July in a listing valued at £8bn.
It has now launched an “American Depositary Receipt” to enable US investors to invest.
What does this mean?
Prior to this, only UK and EU residents could invest in the business – now, US investors can get involved directly, without cross-border and cross-currency transactions.