Reported 2 days ago
British fintech firm Wise has announced it will switch its primary listing from London to New York, a decision seen as a significant blow to the UK's stock market amidst ongoing concerns about liquidity and governance. The move was justified by the company's CEO Kristo Käärmann, who highlighted the growth opportunities that the US market offers. This follows other notable exits from the London market, painting a bleak picture for London's ability to retain influential fintech firms.
Source: YAHOO