The Latest Breaking News from WISE

Payments firm Wise snubbed the UK in 2025 but the RAC and software giant Visma are forecast to float this year

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British fintech Wise Plc (OTC:WIZEY) secured shareholder approval this week for its controversial move to a U.S. primary listing, but the victory exposed significant shortcomings among proxy advisory firms that could concern institutional investors.

Co-founder Kristo Käärmann gains enhanced voting rights in controversial move

Claims the two issues are inextricably entwined reads as self-interested waffle

Taavet Hinrikus wrote a letter to shareholders through his investment vehicle Skaala Investments OU urging them to vote against the proposals.

In an increasingly digital world, payment apps have become the go-to method for everything from splitting dinner bills to running entire businesses. These apps promise high-end encryption, multi-factor authentication, and ironclad security—but the truth behind the headlines tells a different story.

Kristo aims to accelerate its mission by gaining strategic and financial benefits, such as increasing brand awareness in the US.

It’s odd that the move comes as a ‘sunset clause’ that allows Kristo Käärmann enhanced rights here approaches expiry