Added to YB: 2026-07-28
Pitch date: 2026-07-25
WISE.L [neutral]
Wise Group plc
+2.78%
current return
Author Info
No bio for this author
Company Info
Wise Group plc provides cross-border and domestic financial services in the United Kingdom, the rest of Europe, the Asia-Pacific, North America, and internationally.
Market Cap
GBP 13.3B
Pitch Price
GBP 8.62
Price Target
N/A
Dividend
N/A
EV/EBITDA
7.26
P/E
26.82
EV/Sales
3.36
Sector
Financial Services
Category
growth
Wise Can’t Catch a Break! ... And Remains the Most Misunderstood Company in the Market
WISE.L (holding update): Author owns shares. OCC denied US trust bank charter citing 'persistent inability' to manage AML risk—3rd regulator (after 6-state $4.2M consent order, Belgium €500M criminal probe) flagging same recurring due-diligence failures. Stock down ~10%; Goldman Buy, 1,450p PT vs <850p. Charter was for Fed payment rails, not lending; base rate favors eventual approval (~73%) but Wise is only outright denial in class. Belgium seen as bigger risk than DC. Vol +31%, 52bps take rate, 26.4% PBT margin. Destination intact, arrival delayed.
Read full article (29 min)