Money Transfer Firm Wise Raises Revenue Growth Outlook as Cross-Border Volumes Jump
12 Articles
12 Articles
Wise reported stronger-than-expected second-quarter results, and the international payment service provider raised its forecast to the upper end of its annual revenue growth target range thanks to dynamic customer acquisition and increasing transaction volumes. On November 10, the competition between domestic banks and fintech will also be discussed at the Portfolio Banking Technology conference. Registration and details here!
What Wise (WISE) Said on Its Q2 Earnings Call
Wise (LON:WISE) reported continued growth in active customers, cross-border volumes and customer balances in its second quarter of fiscal 2027, while maintaining its full-year margin outlook and raising its net revenue growth expectation to the upper half of its prior range. During the results call
Wise Cross-Border Volumes Reach $71.7 Billion as Customer Growth Accelerates
Wise Group (Nasdaq: WSE; LSE: WISE) expects fiscal 2027 net revenue growth of 17.5% to 20% after cross-border payment volumes increased 22% to $71.7 billion in its second quarter, supported by customer acquisition and expanding business transactions.The international payments company reported net revenue of $739.1 million for the quarter ended September 30, 2026, up 21% from $610.5 million a year earlier. Active customers increased 20% to 12.5 m…
Wise expects continued growth in the financial year. International payments company Wise's revenue and number of users increased in the second quarter, the company announced to the stock exchange. Stock, Money, growth, financing, Currencies, finance.
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