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Wise to go public via direct listing

The UK fintech also published its results, posting a profit of £30.9m

Chief executive of Wise, Kristo Karmann, will have a cap for his class B shares, at one vote less than 50% of those eligible for shareholder decisions, reduced to 35% if he isn't CEO
Chief executive of Wise, Kristo Karmann, will have a cap for his class B shares, at one vote less than 50% of those eligible for shareholder decisions, reduced to 35% if he isn't CEO

London-based money transfer fintech Wise has announced it is planning to go public via a direct listing on the London Stock Exchange. 

As part of its listing, Wise, which changed its name from TransferWise in February this year, said it would roll out a customer shareholder programme, dubbed OwnWise, it said in a 17 June announcement. 

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