13 April 2026

Strong volume growth of 27%¹ and customer holdings up 37%

Update on Dual Listing

●     Quarterly cross-border volume grew +26% YoY (+27% on a constant currency basis), to £49.4bn, with 11.3m active customers in Q4 (+22% YoY)

●     Continued diversification of income through the Wise account, with customer holdings growing by +37% to £29.4bn, and card and other revenue up +29% YoY

●     Wise Business active customers in the quarter rose +26% YoY to 572,000 as volumes grew strongly again (+35% YoY)

●     Cross-border take rate reduced 1bp in the quarter to 51bps, and is down from 53bps a year ago, reflecting a balanced approach to investing in price and the business to support long-term growth

●     Underlying income was £435.3m in Q4 FY26, up +24% YoY, on both a reported and constant currency basis 

●     For FY26, growth in active customers, up 21% to 18.9m, combined with the greater adoption of Wise account features, drove a 25% increase in cross-border volume to £181.7bn and underlying income growth of 18% to £1,609.2bn on a reported basis. On a constant currency basis, underlying income grew 19% to £1,619.7bn for the year

●     Continue to expect FY26 underlying PBT margin to be towards the top of the 13-16% range (including costs related to the Dual Listing) as we remain focused on investing in long-term growth and becoming 'the' network for the world's money

●     FY26 results will be presented in USD and in accordance with US GAAP, rather than GBP and IFRS, reflecting the expected completion of our Dual Listing this quarter

"We are making good progress on building the network for the world's money. Our infrastructure makes cross-border transactions cheaper and faster and, in January, we became one of the first payment institutions to be granted membership to Payments Canada, paving the way to direct access there.

"More and more people are using Wise at home or abroad for their everyday spending, for paying bills, for savings and investments. That's why last month we formally launched our UK current account with a physical branch concept on Oxford Street in London."

-Kristo Käärmann, Co-founder and Chief Executive Officer

Update on Dual Listing

As announced on 5 June 2025, the Board proposed to transfer Wise's primary listing to a US stock exchange and maintain a secondary listing on the London Stock Exchange, in order to accelerate our path to become 'the' network for the worldʼs money and create long-term value for our stakeholders. We believe that the addition of a primary US listing would bring a number of strategic and capital markets benefits to Wise and its owners, including greater visibility in the United States, the biggest market opportunity for our products today, and better access to the world's deepest and most liquid capital market.

The proposal was duly approved by Wise shareholders at meetings convened on 28 July 2025. In connection with our primary US listing, a Registration Statement (which has not yet been declared effective by the US Securities and Exchange Commission (the "SEC") ) has been filed with the SEC and is available both on the SEC's Electronic Data Gathering, Analysis, and Retrieval system ("EDGAR") and our website at https://wise.com/owners/wise-dual-listing. We remain on track to complete our Dual Listing this quarter, with an expected listing date of 11 May 2026 on Nasdaq.

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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