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wise

  • Double delisting fears hit London Stock Exchange

    August 27, 2025

    Fears of a London Stock Exchange exodus were reignited once more on Wednesday as two firms prepared to quit the London market. Credit and legal services firm Anexo Group laid out plans to delist from the Alternative Investment Market (AIM) after citing the costs of being a publicly traded company and lack of investor interest. [...]

  • Wall Street ‘mocks’ idea of London listing, fintech boss says

    August 26, 2025

    The founder of one of Britain’s fasest-growing fintech firms has said Wall Street “mocks” the idea of a London Stock Exchange listing. Barney Hussey-Yeo, chief executive of Cleo, said the head of investment banking at a global bank had “laughed” at the notion of his company listing in London. He added they had “assumed” Cleo, [...]

  • The five fintech segments to watch

    August 18, 2025

    Global fintech funding slumped to its worst half-year in five years in the first six months of 2025. Investment reached $44bn (£32.47bn), falling from $54.2bn the year prior, whilst the number of deals fell from 2,376 to 2,216. Weak investment in the three months to June 31 2025, hurt the headline figures, with just $18.7bn [...]

  • UK fintech investment slumps despite push from Rachel Reeves

    August 11, 2025

    Fintech investment across the UK suffered another downturn in the first half of the year despite Chancellor Rachel Reeves’ bold ambitions for the sector. Total UK fintech investment fell to $7.2bn (£5.36bn) – a drop of five per cent from the same period in 2024.  The decline, revealed in KPMG’s bi-annual Pulse of Fintech report, [...]

  • Mark Kleinman: Un-Wise handling of US listing move

    July 31, 2025

    Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking in his weekly City AM column Wise fails its name in handling of US listing move If only Wise was as smooth at transferring its stock market listing as it is moving its customers’ money. The company founded by Taavet Hinrikus and [...]

  • Wise shareholders overwhelmingly approve plans to ditch UK primary listing

    July 28, 2025

    UK fintech Wise has curbed a potential shareholder revolt to seal the transferal of its primary listing to the US despite an investor backlash over additional terms within the proposal. More than 90 per cent of Class A shareholders and 84.6 per cent of Class B shareholders approved the deal, which will see the firm [...]

  • Wise co-founders clash over New York listing plans

    July 21, 2025

    A plan to move Wise’s primary listing from London to New York has been thrown into doubt after one of the firm’s co-founders urged shareholders to vote against the move. Taavet Hinrikus, who served as chief executive of the London fintech from its founding in 2011 until 2017, warned he was “deeply troubled” over the [...]

  • Wise shares tumble ahead of switch to US primary listing

    July 17, 2025

    Wise shares sunk on Thursday morning after the London fintech disappointed analysts in a trading update ahead of its upcoming switch to a US primary listing. The £12bn money transfer business reported a 24 per cent rise in quarterly cross-border volume to £41.2bn in the three months to end June, while customer holdings grew by [...]

  • M&A volumes jump as US bidders snap up UK tech 

    July 2, 2025

    US private equity firms are continuing to swoop for UK tech companies leading to a jump in merger and acquisition (M&A) volumes. Giants from across the Atlantic have taken a heightened interest in UK stock, which analysts pegged to the “cheap and undervalued” nature of equities. UK public M&A activity almost tripled in the first [...]

  • Government pledges to back UK fintech with regulation overhaul 

    July 1, 2025

    The government has pledged a regulation shakeup to support UK fintech as it seeks to slash the red tape blocking innovation. Speaking at City Week, technology secretary Peter Kyle said the government’s new Regulatory Innovation Office (RIO) would develop new smart tools to make navigating regulatory procedures “faster, clearer and more accessible”. This will include [...]

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