Wise (LON:WISE) executives used an investor presentation in New York to outline the company’s growth strategy following its Nasdaq listing, emphasizing its cross-border payments infrastructure, expanding product suite and medium-term financial targets.
Founder and CEO Kristo Käärmann said Wise was built to address what he described as the high cost, slow speed and lack of transparency in international money movement through traditional banks. He said customers saved an estimated £3.3 billion in hidden fees over the past year by using Wise instead of banks for cross-border transactions.
