Wise Sees £350M Income Boom as Cross-Border Payments Surge Past £39B
Hey FinTech Fanatic!
UK FinTech giant Wise delivered impressive results, with underlying income hitting £350 million—a 13% jump driven by booming cross-border payment volumes surpassing £39 billion. Despite a slightly reduced take rate of 0.53%, the firm maintained a solid 20% profit-before-tax margin, demonstrating resilience amid competitive pricing
