The Ledger
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O'Driscoll: Wise stock rose 8% immediately upon announcing US listing plans
“When they announced that the stock popped eight percent, that's basically like saying you can make eight percent free money just by listing in the US.”
Wise allows customers to hold cash in government bonds earning 3-5%
“Wise, we offer this to our own customers as well. So in WISE, you can, in the WISE account, you can push one button and hold all of your cash in government bonds. And that means you'll get a three to five percent interest rate.”
Wise built web pages and calculators for every bank BIC and IBAN code
“So obviously if you search for a BIC or an IBAN code, you'll find wise there because we've built pages on every BIC and IBAN code. We bought and built our own BIC calculator and IBAN calculator and converters so that you can look up your own banks, BIC and IBA…”
Peiris: Consumer cross-border flows total $1T and SMB flows $10T
“So it's like about a trillion in terms of cross-border flows for consumer, about 10 trillion for SMB.”
Ehrenberg: Wise Generated Profits and Held Annual Employee Tenders Pre-IPO
“Wise did this brilliantly actually, you know, they made money, right? Like they generated actual money way in advance of going public. So they held these kind of annual employee tenders where we basically cleaned up the cap table.”