Fintech firm Wise announces plans for direct listing in LondonGoldman Sachs and Morgan Stanley are working on the listing
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British fintech firm Wise said on Thursday it will go public in London in what will be the first direct listing of a technology company on the London Stock Exchange.
The payments app, formerly known as TransferWise, said it has been profitable since 2017, with a 54% revenue growth rate over last three years reaching 421 million pounds in overall revenues in 2021.
Goldman Sachs and Morgan Stanley are working on the listing.