Wise recorded a 23 % leap in the size of the border to 145.2 billion pounds for the fiscal year ending March 31, 2025, supported by strong growth for customers and adopting its account features.
In its entire year, Fintech announced that it serves 15.6 million active customers throughout the year, which represents an increase of 21 % over the previous period, with the growth of both personal and commercial sectors by 22 % and 11 %, respectively.
The proportions of the wise growth to infrastructure investments that provided “fewer fees and faster speeds”, where 65 % of the payments have been completed in less than 20 seconds and a decrease of 14 to 0.53 % foundation in the fourth quarter.
The basic income increased by 16 % to 1.36 billion pounds, while the basic profits before the tax increased by 17 % to 282 million pounds.
The company reported the profit of the amount before the tax rose to 565 million pounds. Wise also held 21.5 billion pounds on behalf of customers, an increase of 33 % on an annual basis.
Participant founder and CEO Christo Kärmann said that the performance reflects the company’s mission to build “money without limits”, adding that Wise was “on our way to deal with trillion, not only billions of billions.”
The company also revealed plans to convert its basic list into an American exchange while keeping a secondary list in London. Kärmann said that the double menu will enhance the brand awareness in the United States, “the world’s biggest chance in the world for our products”, and helps the sage to take advantage of the deeper capital markets.