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UK's Wise shareholders approve move to US stock exchange
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UK's Wise shareholders approve move to US stock exchange
Jul 28, 2025 11:04 AM

July 28 (Reuters) - Shareholders of British fintech Wise

Plc on Monday approved plans to shift the company's

primary stock market listing to the U.S. from the London Stock

Exchange .

The shareholders' vote at an extraordinary general

meeting clears a key hurdle in Wise's plan to pursue a U.S.

primary listing, which will improve its access to capital and

boost its profile among global investors.

Wise has a dual share structure, in which shareholders

with Class B stocks have

more voting power

than those with Class A stocks.

A total of 77.12% and 81.82% of Wise Class A and Class B

shareholders, respectively, voted for the transfer of the

company's primary listing to a U.S. stock exchange and maintain

a secondary listing on the LSE.

Wise said it expects the transfer to become effective in

the second quarter of 2026.

The company, formerly known as TransferWise, was founded

in 2011 by Taavet Hinrikus and Kristo Käärmann to offer low-cost

cross-border money transfers.

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