Wise plc (WISE) Q4 2024 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning. I'm Martin Adams. I'm the Director of Investor Relations here at WISE. Thank you very much for joining us this morning for our FY24 results presentation. We will have about 30 minutes of presentation, which I'll hand over to Chris Stowe to start in one second. After the slide presentation, we'll move on to Q&A. And as we always do, We'll start in the room and then I'll facilitate through Zoom as well for those joining via Zoom. So with that, I'm pleased to introduce Christo. Thank you. For joining in the room, really good to see some old-time owners in the room. I'm Christo. I'm today joined by by our CTO Harsh and our CFO Kingsley for the other parts of the presentation. So first of all, let's kind of remind ourselves why the 6,000 people come to work here. Because we're here to build money that works without borders. Building the best way to move and manage the world's money. Minimum fees with maximum ease and at full speed. I started WISE because there's a huge inefficiency in how money works across borders. For many people and businesses, this actually feels pretty broken. And this is a large and worthwhile problem where we see our solutions are working. We built a profitable, fast-growing company to work on this mission. And the way we're doing this is we're building it through a completely new infrastructure for the world's money. so that it can flow across the borders efficiently, fastly, cheaper, as it now does domestically, but now across borders. And we're bringing this foundational infrastructure and technology to people and businesses through products that they love and they want to recommend. And there's so much demand for what we're building. Most of the people and businesses are still stuck with their slow, expensive banks is trying to hi...