Group’s long-term ambition is to become ‘the’ network for the world’s money
Wise Group (WISE) 957.5p Market cap: £12.3 billion International payments provider Wise (WISE) , formerly known as Transferwise, has set its sights on handling £1 trillion of cross-border payments annually compared with £118 billion last year. While that might appear ambitious, nine years ago the firm handled just £7 billion of cross-border payments which means the business has grown at a compound annual rate of 33% per year. Despite...