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Fintech

Wise shares slip despite income and revenue growth

Revenue climbed 24% to £277.2m in the fourth quarter

Fintech firm Wise said it has nearly eight million customers
Fintech firm Wise said it has nearly eight million customers Photo: Nikos Pekiaridis/NurPhoto via Getty Images

Wise’s share price fell as much as 9% on 16 April after it reported financial results for the fourth quarter.

The City fintech now has 7.9 million active customers, up 29% compared with the same period in 2023, according to a 16 April trading update. Business customers of Wise jumped by 16% to 395,000.

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