Published by Global Banking & Finance Review®
Posted on April 13, 2026
2 min readLast updated: April 13, 2026
Add as preferred source on GoogleWise’s Q4 cross‑border volumes rose 26% to £49.4 billion, underpinning its expectation of full‑year profit margins landing at the top of forecast. The company plans a dual listing and Nasdaq debut on May 11, transitioning to US‑GAAP reporting.
April 13 (Reuters) - British fintech group Wise said on Monday cross-border transaction volumes rose 26% in the fourth quarter to 49.4 billion pounds ($66.2 billion), reinforcing its expectation that annual profit margins will land near the top end of its forecast range.
The money transfer firm said it expects to complete its planned dual listing this quarter, with trading on the Nasdaq set to begin on May 11.
As part of efforts to access broader capital markets, Wise added it will report its fiscal 2026 results in U.S. dollars under U.S. GAAP accounting standards.
The cross‑border payments firm said that underlying income rose 24% during the quarter to 435.3 million pounds, supported by a 22% increase in active customers to to 11.3 million.
Wise has forecast an underlying pretax profit margin of 13-16% for the year, including costs for the dual listing.
($1 = 0.7458 pounds)
(Reporting by Neeshita Beura in Bengaluru; Editing by Sumana Nandy and Sherry Jacob-Phillips)
Wise reported Q4 cross-border transaction volumes of 49.4 billion pounds, up 26% from the previous year.
Wise expects to begin trading on the Nasdaq from May 11.
After its Nasdaq listing, Wise will report fiscal 2026 results in U.S. dollars under U.S. GAAP accounting standards.
Wise expects its full-year profit margin to be toward the top end of its forecast range.
The article mentioned the conversion rate of $1 = 0.7458 pounds.
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