British fintech firm Wise is planning to launch a direct listing on the London Stock Exchange as soon as this week pending regulatory approval, Reuters reports, citing a source familiar with the transaction.
Wise, a global Fintech, provides transfers and payments. The site was launched to offer lower fees and real spot rates for currency exchange.
The estimated valuation of Wise ranges from $6 billion to more than $12 billion. In July last year it was reported that Wise raised over $300 million at a $5 billion valuation. Read more.
