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The Latest Breaking News from WISE

FTSE 100 Live: Share rally fades; gilt yields surge yet again; JD Sports and Boots offer high street boost

Blue-chip shares are trading higher today as London sentiment benefits from a strong Wall Street handover.

Evening Standard

Top two Wise execs leave firm in good shape as profit triples before both step aside

Kristo Käärmann and Matt Briers announced plans to step aside temporarily and quit, respectively, just days apart last month

Evening Standard

Australian jobseekers told to use ChatGPT to apply for jobs and shown irrelevant videos

Exclusive: A taxpayer-funded online employability course that included videos on body language contained ‘not curriculum-endorsed materials’

The Guardian - AU

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Wise CFO to quit after CEO says he will step away

London fintech Wise could soon be without both its long-serving bosses, after the CFO today said he plans to leave the firm just days after the CEO revealed he would be taking a multiple-month leave of absence.

Evening Standard

As Wise CEO Kristo Kaarman takes three months off, are we now in the era of the sabbatical?

City Voices: The more senior male leaders take their family into account when making career decisions, the better

Evening Standard

Billionaire Wise CEO Kristo Kaarman takes three-month holiday to spend time with baby boy

The billionaire boss of payments firm Wise is to take a three-month sabbatical to spend more time with his family, he announced today.

Evening Standard

Taavet Hinrikus net worth | Evening Standard Tech Rich List

Taavet Hinrikus was the first employee hired by Skype. But in that role, he quickly encountered a problem that inadvertently led to the formation of one of London’s top fintechs, Wise.

Evening Standard

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Kristo Käärmann net worth | Evening Standard Tech Rich List

As a consultant living in London in 2019, Kristo Käärmann made what he called an “incredibly stupid” decision; he tried to send his Christmas bonus back home to Estonia.

Evening Standard

Part-time work is valuable to people with disability – but full time is more likely to attract government support

Work isn’t just about getting paid. Employment can provide a number of benefits for people in terms of health, wellbeing, social, economic and financial inclusion. It can also reduce reliance on government income supports. Arguably, work is even more important for people with disability, who are more likely to be…

The Conversation

The Best Places to Retire in the World

When it comes to the best places to retire in the world, which country is at the top of the list? And where does the U.S. feature on the leaderboard? We investigate.

Kiplinger

Tech firms pour cash into Revolut and Wise amid Silicon Valley Bank demise

UK tech firms are pouring cash into Revolut, Wise and other London fintechs after scrambling to withdraw funds from Silicon Valley Bank amid fears they may lose access to their deposits, the Standard has learned.

Evening Standard

Comment: From musician to software engineer - why more women should embrace a new career in tech

Katie Hawcutt took the plunge and left her previous career as a professional musician but was surprised to find so many skills were transferable to her new job in tech

Birmingham Post

Irish holiday makers to spend thousands despite cost of living crisis

Irish holidaymakers are just as keen to travel as pre-pandemic - even if they have to make some adjustments due to the cost of living crisis, according to the research

Dublin Live

UK fintech firm Wise accused of stifling competition by rival startup

Atlantic Money writes to CMA to raise concerns about being blocked from Wise price comparison sites

The Guardian - UK

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Evening Standard

Wise under fire as London fintech accused of hiding prices of cheaper rivals

Competitor Atlantic Money is understood to have written to regulators to express its concerns

Financial Times

The seven types of email you should never, ever send

Guilty of these shocking breaches of epistolary etiquette? Do better

Evening Standard

London’s race to the fintech frontier puts it in pole position for attracting start-ups

Survey among ‘unicorn’ firms shows the capital is doing well in the battle for talent

Evening Standard

London fintech Wise recruits over 1,000 new employees as sales boom

The firm plans to recruit a further 300 roles, of which 100 are London-based

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Daily Mirror

Mesmerising video shows Britain's most scenic delivery route through leafy mountains

Kirkstone Pass in the Lake District is stunning - and the video has emerged after a study revealed two in five would like to become a delivery driver

Evening Standard

Wise surges 14% after revenues rise

Shares in payments transfer business Wise are up 14% this morning after the company posted a sharp rise in revenues and customer transactions.

Evening Standard

Wise co-founder Hinrikus partners for €250 million tech fund

Plural will benefit from ‘scar tissue’ built by digital start-up luminaries

The Guardian - UK

How Wise co-founder went from tech darling to tax list of shame

FCA could bar Kristo Käärmann from senior role after claim he failed to pay £720,000 in tax

Evening Standard

City watchdog opens probe into tax affairs of Wise founder Kristo Käärmann

Company says entrepreneur “intends to cooperate fully” with the investigation.

The Guardian - UK

FCA investigates Wise cofounder after tax default

Kristo Käärmann was included on HMRC’s list of deliberate tax defaulters in September 2021

Evening Standard

Tech guru raises $500m to invest in Camden, the ‘New Palo Alto’

Saul Klein, the tech entrepreneur and investor behind companies such as Cazoo, Wise and Nanopore, has raised $500m to invest in tech companies at all stages from their first days through to publicly-quoted stocks.

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