Wise Group PLC reported a 21% increase in second-quarter net revenue to $739.1 million, driven by strong customer growth and higher cross-border transaction volumes. The company now expects its full-year net revenue growth to be between 17.5% and 20%, within the upper half of its 15% to 20% medium-term target. Active customers rose 20% to 12.5 million, and cross-border volumes increased 22% to $71.7 billion. Wise also saw a 28% rise in customer holdings and increased card spending, reflecting greater use of its accounts for everyday financial activities. The company anticipates maintaining a full-year income before tax margin near the top of its 20% to 25% target range.
Wise's revenue outlook update comes as a backdrop to today's Financials sector on Pluang. Of 142 priced US Financials stocks, 118 rose and 23 fell. Notable movers include SYF at USD 74.23 (+3.50%), WU at USD 6.26 with 100% buy order activity, and CG at USD 36.93 (+3.24%). Data is as of Oct 16, 2026, 13:11 WIB.
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