GlobeNewswire·Nov 12, 2026, 4:00 PM ET

Wise Group plc H1 Results for Fiscal Year 2027

WSE

Active customers grew 21% year-on-year to 16.2 million, adding 4.1 million new users in the first half of FY27.
Cross-border transaction volume increased 24% to $141.0 billion, driven by strong growth in the U.S. & Asia Pacific.
Customer holdings rose 28% to $43.5 billion, including $11.4 billion in assets under custody.
Net revenue increased 23% to $1,453.1 million, with transaction revenue up 25% & card revenue up 43%.
The cross-border take rate decreased 2 basis points to 0.50% as the company invested in lower prices for customers.
Wise expanded its infrastructure by adding a ninth direct connection in Malaysia, achieving 78% instant transfers.
New product launches included Wise Interest & Stocks in the U.S., Wise Assets in New Zealand, & a chequing account in Canada.
Strategic partnerships were announced with OakNorth & Vivid in Europe, plus two major North American banks.
Wise Europe resolved a legal matter with the Brussels prosecutor's office without admission of wrongdoing.
Barak Eilam was appointed as Non-Executive Director & Chair Designate of the Board.
Total operating expenses increased 28% to $1,150.3 million, driven by higher technology, servicing, & marketing investments.
Net income grew 6% to $249.2 million, while income before tax increased 9% to $334.9 million.
A share repurchase program exceeding $500 million commenced in July 2026, with nearly 50% of the target purchased to date.
Guidance for FY27 net revenue growth is set at 17.5-20% on a constant currency basis, with an income before tax margin near the top of the 20-25% range.

Company: Wise Limited
Keywords: Nasdaq:WSE, Wise Limited