During the third quarter of its fiscal year 2026, Wise saw year-over-year increases of 25% in gross cross-border volume, which reached 47.4 billion pounds (about $63.9 billion), and 21% in underlying income, which reached 424.4 million pounds (about $571.7 million), the company said in a Tuesday (Jan. 20) trading update.
Over that 12-month period, Wise also grew its number of active customers by 20% to 10.9 million and its number of Wise Business active customers by 25% to 542,000, according to the update.
“We served nearly 11 million active customers this quarter, helping more people and businesses around the world with more of their financial needs,” Wise Co-founder and CEO Kristo Käärmann said in the update.
Highlighting some of Wise’s developments during the quarter, Käärmann said the company launched a travel card in India, introduced Google Pay in the Philippines, secured a conditional license approval in South Africa and went live with its direct integration to Japan’s Zengin domestic payment system.
When announcing these developments over the past couple of months, Wise said the multi-currency travel card uses the mid-market exchange rate and charges a transparent conversion fee, the addition of Google Pay of this digital wallet in the Philippines provides convenience both in that country and overseas, and the conditional regulatory approval in South Africa marks the company’s first license in Africa.
Wise also increased the share of payments delivered instantly by nine percentage points year over year, to 74%, Käärmann said in the Tuesday update.
“This is a clear benefit of our continued focus on infrastructure — our licenses, integrations, technology and operations,” Käärmann said.
Wise expects to complete its dual listing during the first half, Käärmann said.
The company announced in June 2025 that it plans to move its primary listing from the London Stock Exchange (LSE) to a stock exchange in the U.S. while maintaining a secondary listing on the LSE.
Käärmann said in the Tuesday update that the dual listing will “further increase our profile in the U.S. as we remain focused on accelerating global growth and becoming the network for the world’s money.”
