Wise PLC Announces Shift of Primary Listing to the U.S.

Wise PLC, a leading software solution design and development company based in London, United Kingdom, is set to move its primary listing from the London Stock Exchange to the U.S. This strategic decision, announced on June 5, 2025, marks a significant shift for the fintech company, which specializes in international multi-currency money transfers and serves customers worldwide.

The move is expected to enhance liquidity in Wise’s stock, providing greater flexibility and opportunities for both institutional and retail investors in the U.S. to buy and hold shares. Currently, many U.S. investors are unable to purchase Wise shares, and this transition aims to address that limitation. The company plans to maintain a secondary listing on the London Stock Exchange, ensuring continued access for its existing investor base in the UK.

This decision comes as a notable development for London’s financial market, which has seen a series of companies relocating their primary listings to the U.S. The shift is anticipated to be a blow to London’s stock market, as Wise’s shares jumped to their highest level since September 2021 following the announcement.

In addition to the listing change, Wise PLC has reported its fiscal year results and reaffirmed its outlook, maintaining confidence in its business trajectory. The company’s financial fundamentals remain robust, with a market capitalization of £1.144 billion and a close price of £1,098 as of May 21, 2025. The price-to-earnings ratio stands at 27.2664, reflecting investor sentiment and market expectations.

Overall, Wise’s strategic move to the U.S. is poised to broaden its investor base and enhance stock liquidity, aligning with its global customer reach and operational footprint.