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Wise upgrades guidance as customer growth boosts income

Wise PLC on Tuesday reported increases to quarterly revenue and income, as the company said customer momentum continues to power growth.

The London-based money transfer services provider reported...

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HSBC's foreign exchange app Zing set to take on Revolut and Wise

HSBC is stepping up its battle to lure customers away from digital upstarts such as Revolut and Wise with the launch of a foreign exchange payments app to spend, send and convert international currencies.

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Sunday newspaper round-up: Three, Royal Mail, Google...

Telecoms giant Three has paid out a record £2 billion dividend to the Hong Kong-listed conglomerate of billionaire Li Ka-shing, as it cashes in on the sale of mobile phone masts across Europe. Hutchison 3G, which trades as Three and has ten million customers and more than 4,500 employees in the UK, paid out the money months before increasing some of its contract prices by 14 per cent. The British company is owned by 95-year-old Li’s CK Hutchison Holdings, which has drawn scrutiny in the past for dividends taken from its other UK assets. The latest payout marks the first time that CK Hutchison has taken a dividend from Three, which it launched in the UK market 20 years ago. – The Sunday Times

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From a £600m profit to a £1bn loss: The investors who made the most from London-listed firms this year

The co-founder of fintech Wise has emerged as the top gainer in London's public markets this year, with an average daily gain of over £1.6m.

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Wise founder's wealth jumps £600m to make him a FTSE winner

While being investigated by the City regulator, Kristo Kaarmann, co-founder of the payments firm Wise, tops the table for soaring returns on shareholdings

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Inclusivity in payment and commerce is core to Ant International's expansion strategy

Fostering global commerce inclusivity is central to Ant International's "4T" strategy, underpinned by its four key business pillars: Alipay+, Antom, WorldFirst, and Anext Bank.

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ALEX BRUMMER: Barclays' next makeover

Bob Diamond's period, first as boss of Barclays Capital and then chief executive of the bank, ended in ignominy. But he astutely rebuilt fixed interest and the US arm by buying Lehman.

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Wise cashes in on rising interest rates

Wise, the international money transfer business, has lifted its full-year profit guidance thanks to booming customer numbers and higher interest income on customer balances.Shares in the London-listed fintech firm closed up 4½p, or 0.6 per cent, to 724½p after the second-quarter update, valuing it a

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