Wise on Track for Nasdaq Listing in May as Income Jumps 24% (1)

Wise Plc said it’s on track to get its primary listing shifted from London to Nasdaq next month, as the money transfer company’s key fourth-quarter earnings figure beat analyst expectations. Shares rallied.

The US listing, expected on May 11, “will further increase” the payments firm’s profile in the US, Kristo Käärmann, chief executive officer and co-founder said in a statement on Monday. The company is looking to partner with more than 4,000 banks across the country.

The fintech had announced the US listing plans last year. It has applied to form a national trust bank in the country, which ...