Wise (Financial Software) Overview

  • Year Founded
  • 2011

Year Founded

  • Status
  • Public

  • Employees
  • 5,499

Employees

  • Stock Symbol
  • WISE

Stock Symbol

  • Investments
  • 5

  • Share Price
  • $9.73
  • (As of Thursday Closing)

Wise (Financial Software) General Information

Description

Wise PLC is a currency conversion platform utilizing a peer-to-peer network to reduce transfer costs. The group focuses primarily on private clients and small and midsize enterprises. By operating local accounts in each jurisdiction Wise sends money to or receives money from, this fintech offers faster and cheaper currency transfer services than incumbents (banks). Wise has started to broaden its product offering, issuing its clients debit cards and allowing customers to invest funds into various asset-management products.

Contact Information

Website
www.wise.com
Formerly Known As
Exchange Solutions
Ownership Status
Publicly Held
Financing Status
Formerly VC-backed
Primary Industry
Financial Software
Other Industries
Other Financial Services
Stock Exchange
LON
Corporate Office
  • The Tea Building, 6th Floor
  • 56 Shoreditch High Street
  • London E1 6JJ
  • England, United Kingdom

Wise (Financial Software) Timeline

2021202220232024
Financing RoundCaptured Employee CountEstimated Employee Growth

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Wise (Financial Software) Stock Performance

(As of Thursday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$9.73 $9.32 $7.69 - $12.63 $10B 1.02B 1.86M $0.43

Wise (Financial Software) Financials Summary

In Thousands,
USD
TTM 31-Mar-2024 FY 2024 31-Mar-2024 FY 2023 31-Mar-2023 FY 2022 31-Mar-2022
EV (3,864,093) (3,864,093) (3,873,863) (444,844)
Revenue 1,931,471 1,931,471 1,187,498 770,061
EBITDA 628,620 628,620 212,986 97,248
Net Income 445,550 445,550 137,255 44,936
Total Assets 19,110,948 19,110,948 14,743,504 9,936,553
Total Debt 283,052 283,052 327,463 125,711
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Wise (Financial Software) Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Wise (Financial Software) Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion
Price
% Owned

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Wise (Financial Software) Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Wise PLC is a currency conversion platform utilizing a peer-to-peer network to reduce transfer costs. The group focuses
Financial Software
London, United Kingdom
5,499 As of 2024
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Singapore, Singapore
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Dallas, TX
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Wise (Financial Software) Competitors (41)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Nium Venture Capital-Backed Singapore, Singapore 0000 00000 00000000000 00000
MoneyGram Private Equity-Backed Dallas, TX 0000 00.000 000000000 00
Currencies Direct Private Equity-Backed London, United Kingdom 000 00000 0000000 0000 00000
Remitly Formerly VC-backed Seattle, WA 0000 00000 000000000 00000
XE.com Corporate Backed or Acquired Newmarket, Canada 000 000000&0
You’re viewing 5 of 41 competitors. Get the full list »

Wise (Financial Software) Executive Team (23)

Name Title Board Seat Contact Info
Kristo Käärmann Co-Founder & Chief Executive Officer
Harsh Sinha Chief Technology Officer & Board Member
Nilan Peiris Chief Product Officer
Isabel Naidoo Chief People Officer
David Wells Chairman of Board, Remuneration Committee, Former Senior Independent Director, Audit & Risk Committee
You’re viewing 5 of 23 executive team members. Get the full list »

Wise (Financial Software) Board Members (12)

Name Representing Role Since
Alastair Rampell Andreessen Horowitz Board Member 000 0000
Clare Gilmartin Self Board Member 000 0000
David Wells Wise (Financial Software) Chairman of Board, Remuneration Committee, Former Senior Independent Director, Audit & Risk Committee 000 0000
David Wells Self Chairman & Board Member 000 0000
Elizabeth Chambers Wise (Financial Software) Board Member 000 0000
You’re viewing 5 of 12 board members. Get the full list »

Wise (Financial Software) Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Wise (Financial Software) Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Wise (Financial Software) Investments & Acquisitions (5)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Chattermill 06-Dec-2022 00000 0000 000.00 Business/Productivity Software 00000 000
Mate Academy 12-Nov-2021 0000 00000 00.00 Educational Software
DriveX 14-Dec-2020 0000 00000 00000 Business/Productivity Software
Moneytis 01-Oct-2019 0000000000 Financial Software
Farewill 14-Jan-2019 Early Stage VC 00.00 Other Services (B2C Non-Financial)
To view Wise (Financial Software)’s complete investments and acquisitions history, request access »

Wise (Financial Software) ESG

Risk Overview

Risk Rating

Updated May, 31, 2024

25 | Med Risk

Risk Scale

A lower score indicates better sustainability

Negl

0-10

Low

10-20

Med

20-30

High

30-40

Severe

40+

Exposure

Exposure refers to the extent to which a company is exposed to different material ESG issues

00.00

Management

Management is related to actions taken to manage ESG issues

00.00

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

00 of 16,216

Rank

00.00

Percentile

Software & Services

Industry

00 of 1,111

Rank

00.00

Percentile

Data Processing

Subindustry

00 of 98

Rank

00.00

Percentile

To view Wise (Financial Software)’s complete esg history, request access »

Wise (Financial Software) FAQs

  • When was Wise (Financial Software) founded?

    Wise (Financial Software) was founded in 2011.

  • Who is the founder of Wise (Financial Software)?

    Taavet Hinrikus and Kristo Käärmann are the founders of Wise (Financial Software).

  • Who is the CEO of Wise (Financial Software)?

    Kristo Käärmann is the CEO of Wise (Financial Software).

  • Where is Wise (Financial Software) headquartered?

    Wise (Financial Software) is headquartered in London, United Kingdom.

  • What is the size of Wise (Financial Software)?

    Wise (Financial Software) has 5,499 total employees.

  • What industry is Wise (Financial Software) in?

    Wise (Financial Software)’s primary industry is Financial Software.

  • Is Wise (Financial Software) a private or public company?

    Wise (Financial Software) is a Public company.

  • What is Wise (Financial Software)’s stock symbol?

    The ticker symbol for Wise (Financial Software) is WISE.

  • What is the current stock price of Wise (Financial Software)?

    As of 11-Jul-2024 the stock price of Wise (Financial Software) is $9.73.

  • What is the current market cap of Wise (Financial Software)?

    The current market capitalization of Wise (Financial Software) is $10B.

  • What is Wise (Financial Software)’s current revenue?

    The trailing twelve month revenue for Wise (Financial Software) is $1.93B.

  • Who are Wise (Financial Software)’s competitors?

    Nium, MoneyGram, Currencies Direct, Remitly, and XE.com are some of the 41 competitors of Wise (Financial Software).

  • What is Wise (Financial Software)’s annual earnings per share (EPS)?

    Wise (Financial Software)’s EPS for 12 months was $0.43.

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