20 January 2026

Strong volume growth of 26%¹ with customer holdings up 34%

●     Quarterly cross-border volume grew +25% YoY (+26% YoY on a constant currency basis), to £47.4bn, with 10.9m active customers using Wise in Q3 (+20% YoY)

●     Increased diversification of income as popularity of the Wise account continues, with customer holdings growing by +34% to £27.5bn, and card and other revenue increasing +30% YoY

●     Wise Business active customers rose +25% YoY to 542,000 as volumes grew strongly +37%

●     Cross-border take rate flat in the quarter at 52bps, down from 56bps a year ago, reflecting continued focus on investing for long-term growth

●     Underlying income was £424.4m in Q3 FY26, up +21% YoY on a reported basis.  On a constant currency basis, underlying income grew by +21% in Q3 YoY, +17% YTD, and we  expect to be around the middle of our guided range of 15-20% growth for FY26

●     Focused on the long-term growth opportunity and becoming 'the' network for the world's money while investing to target an underlying profit before tax margin of 13-16% in the medium term. We now expect FY26 underlying PBT margin to be towards the top of this range, including costs related to Wise's dual listing.

"We served nearly 11 million active customers this quarter, helping more people and businesses around the world with more of their financial needs. We launched the Wise travel card in India to exciting demand, with over 75,000 customers joining the waiting list in just one month, and introduced Google Pay for customers in the Philippines as the first non-bank to do so. We secured a conditional licence approval in South Africa - our first in Africa, and went live with our direct integration to Japan's Zengin system, bringing our total number of direct integrations to domestic payment systems to eight.

"We delivered 74% of payments instantly, up nine percentage points year-on-year. This is a clear benefit of our continued focus on infrastructure - our licences, integrations, technology and operations.

"Our financial performance in Q3 and throughout FY26 has been strong and we remain on track to meet our guidance. We expect to complete our dual listing in the first half of 2026, which will further increase our profile in the US as we remain focused on accelerating global growth and becoming the network for the world's money."

-Kristo Käärmann, Co-founder and Chief Executive Officer

¹On a constant currency basis

You can read more about our progress in our quarterly Mission Updates on wise.com.

Please see the appendix for further historical financial information. 

Enquiries

Martin Adams - Investor Relations

[email protected]

Sana Rahman - Communications

[email protected]

Brunswick Group

Charles Pretzlik / Emily Murphy

[email protected]

+44 (0) 20 7404 5959

About Wise

Wise is a global technology company, building the best way to move and manage the world's money.

With Wise Account and Wise Business, people and businesses can hold 40 currencies, move money between countries and spend money abroad. Large companies and banks use Wise technology too; an entirely new network for the world's money. Launched in 2011, Wise is one of the world's fastest growing, profitable tech companies.

In fiscal year 2025, Wise supported around 15.6 million people and businesses, processing over £145 billion in cross-border transactions and saving customers around £2 billion.

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