Wise served close to 11 million active customers in the third quarter, helping lift cross-border volumes to £47.4 billion, up 25 percent year-on-year.
The company said its active customer base grew 20 percent compared with a year earlier, while balances held on Wise accounts rose 34 percent to £27.5 billion, reflecting continued growth in the use of Wise accounts.
“We served nearly 11 million active customers this quarter, helping more people and businesses around the world with more of their financial needs,”
said Kristo Käärmann, Co-founder and Chief Executive Officer of Wise.
Wise said card and other revenue increased 30 percent year-on-year, contributing to a more diversified income mix beyond cross-border transfers.
Instant transfers accounted for 74 percent of payments, up from 65 percent in the same quarter last year, following further investment in infrastructure and direct integrations with domestic payment systems.
“We delivered 74% of payments instantly, up nine percentage points year-on-year.
This is a clear benefit of our continued focus on infrastructure – our licences, integrations, technology and operations,”
added Käärmann.
During the quarter, Wise launched its travel card in India, where more than 75,000 customers joined the waiting list within a month.
It also introduced Google Pay for customers in the Philippines as the first non-bank to do so, secured conditional licence approval in South Africa, marking its first licence in Africa, and went live with a direct integration to Japan’s Zengin payment system.
The company said this brought its total number of direct domestic payment system integrations to eight.
Wise Business also continued to expand, with active customers rising 25 percent year-on-year to 542,000, while business volumes grew 37 percent over the same period.
The results were reported as Wise continues preparations for a proposed dual listing of its shares in the US and the UK, which the company expects to complete in the first half of 2026.
“Our financial performance in Q3 and throughout FY26 has been strong and we remain on track to meet our guidance.
We expect to complete our dual listing in the first half of 2026, which will further increase our profile in the US as we remain focused on accelerating global growth and becoming the network for the world’s money,”
Käärmann said.
Wise said it now expects its underlying profit before tax margin for FY26 to be towards the upper end of its medium-term target range of 13 to 16 percent, including costs related to the planned dual listing.
Featured image: Edited by Fintech News Singapore, based on image by AveDiana via Freepik
