Wise Group plc reports Q2 FY27 ResultsNEW YORK, Oct. 15, 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 Q2 FY27 results for the quarter ended September 30, 2026. Q2 FY27 Q2 FY26 YoY Movement Active customers (millions) 12,503 10,440 20% Cross-border volume ($ billion) 71.7 59.0 22% Customer holdings ($ billion) 43.5 33.9 28% Net revenue ($ million) 739.1 610.5 21% Cross-border take rate (%) 0.49% 0.52% -3 bps Instant transfers (%) 78% 74% +4 pps Q2 FY27 highlights Quarterly cross-border volume grew 22% YoY to $71.7 billion (21% growth YoY on a constant currency basis*) with active customers up 20% YoY to 12.5 million Customer holdings increased 28% YoY to $43.5 billion and card spend volumes grew to $14.3bn as more customers use and trust Wise for more of their daily financial lives Cross-border take rate reduced 3bps YoY to 49bps, as we continued to proactively invest part of our operating leverage to further strengthen our competitive advantage of lower prices for customers Transaction revenue increased 22% YoY to $561.3 million and net revenue increased 21% YoY to $739.1 million (21% growth YoY on a constant currency basis) Outlook for FY27: Wise now expects FY27 net revenue growth to be in the upper half (17.5% - 20%) of our 15-20% medium-term target range on a constant currency basis1 Wise continues to expect FY27 income before tax (‘IBT') margin around the top of our 20-25% range.
GlobeNewsWire10/15/2026Neutral