Wise Group plc reports Q1 FY27 ResultsNEW YORK, July 16, 2026 (GLOBE NEWSWIRE) -- Wise Group plc (Nasdaq: WSE; LSE: WISE), the global technology company building the best way to move and manage the world's money, today announces its Q1 FY27 results for the quarter ended June 30, 2026. Q1 FY27 Q1 FY26 YoY Movement Active customers (millions) 11,863 9,797 21% Cross-border volume ($ billion) 69.3 55.0 26% Customer holdings ($ billion) 41.2 31.5 31% Net revenue ($ million) 714.0 573.3 25% Cross-border take rate (%) 0.50% 0.52% -2 bps Instant transfers (%) 77% 70% +7 pps Q1 FY27 highlights Quarterly cross-border volume grew 26% YoY to $69.3 billion (24% growth YoY on a constant currency basis*) with active customers up 21% YoY to 11.9 million Customer holdings increased 31% YoY to $41.2 billion as more customers use and trust Wise for more of their daily financial lives Cross-border take rate reduced 2bps YoY to 50bps, as we created capacity within the business to proactively invest part of our operating leverage to further strengthen our competitive advantage of lower prices for customers Transaction revenue increased 27% YoY to $540.9 million and net revenue increased 25% YoY to $714.0 million Re-iterating our FY27 guidance: Net revenue growth around the middle of our 15-20% medium-term target range on a constant currency basis, assuming no material change in interest paid to customers, and no material changes in central bank rates.
GlobeNewsWire7/16/2026Neutral