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Fintech

Wise revenue jumps but shares dip on day

The fintech’s revenue climbed 23% to £276.6m in the third quarter, but investors still aren't driving the stock up

Wise revenue jumps but shares dip on day
Photo: Jakub Porzycki/Getty Images

Money transfer business Wise saw a 30% increase in customer numbers in the third quarter of 2023, but its share price continued to hover around its landmark direct listing in London.

Wise made its debut on London Stock Exchange in July 2021. The fintech's shares have climbed 36% in the year to date, but were flat on the day as it released a 16 January trading update.

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