NEW YORK, June 25, 2026 (GLOBE NEWSWIRE) -- Wise Group plc (Nasdaq: WSE; LSE: WISE), the global technology company building the best way to move and manage the world's money, today announces its Financial Year 2026 results and introduces guidance for FY2027.
Kristo Käärmann, Co-founder and Chief Executive Officer, commented:
"Over the last year we added new licenses, direct connections, launched new product features and added Wise Platform partners as we progressed on our mission. We went live with two new direct connections in Brazil and Japan, gained new license approvals in South Africa, UAE and Thailand, rolled out Assets to Brazil and added partners including Raiffeisen Bank and UniCredit.
"These investments helped us drive even better customer outcomes and support 19 million people and businesses move $243 billion across the world last year. Our customers benefited from our low pricing, with an average take rate of just 52bps, and instant payments, with 75% of our Q4 payments globally completed in under 20 seconds. And with new features and continued global expansion, more people and businesses are also choosing the Wise account for their everyday use. Customer holdings grew 40% in FY26 to $39 billion and card spend grew 37% to $44 billion.
"With $43 trillion moved across borders by people and businesses every year, we remain focused on the opportunity ahead and building 'the' network for the world's money."
FY26 business highlights
Increased competitive advantage through our infrastructure with two new direct connections to domestic payment systems in Brazil and Japan, helping drive reduced costs and increased speeds for our customers
Continued our global expansion with new license approvals in South Africa, the UAE and Thailand, enabling more people and businesses to benefit from our products
Won new Wise Platform partnerships, including UniCredit, Raiffeisen Bank, MBSB Bank and, in April 2026, Capitec
Rolled out our Assets products to Brazil, allowing customers and businesses to earn a return on their holdings
FY26 financial overview
21% increase in active customers to 19 million, driving a 31% increase in cross-border volume to $243 billion
More customers continue to use Wise for more of their daily financial needs; customers are now holding $39 billion (+40% YoY) through their accounts with Wise (cash and Assets) and last year spent $44 billion on their Wise cards (+37% YoY)
Net revenue of $2.5 billion, up 19% YoY, at the top end of our medium-term target of 15-20%, with almost 50% of net revenue from non-cross border revenue, including net interest income, card and other revenue
Income before tax of $660.4 million, reflecting a margin1 of 26%, slightly above our guided range of 20-25% for the medium term