Wise Shares Jump as FY2026 Results and $500M Buyback Impress Investors

Shares of Wise Group plc (LON: WISE | NASDAQ: WSE) surged on Wednesday after the global fintech posted robust full-year 2026 results and unveiled a new share purchase programme of over $500 million, drawing a strongly positive reaction from investors.

On the London Stock Exchange, WISE shares climbed to 889.8p, up approximately 7.2%, from their previous close of 830p, while the company’s Nasdaq-listed shares also ticked higher premarket.

Strong Revenue and Profit Growth

The rally came after Wise reported net revenue of $2.5 billion for the fiscal year ended March 31, 2026, a 19% year-over-year increase and at the top end of its medium-term guidance range of 15–20%. Income before tax came in at $660.4 million, representing a margin of 26% — slightly above the company’s guided range of 20–25%.

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Customer and Volume Milestones

Operationally, the results were equally impressive. Active customers grew 21% to 19 million, while cross-border payment volume surged 31% to $243.5 billion. Customer holdings on the platform swelled 40% year-over-year to $39 billion, and card spend rose 37% to $44 billion — signalling deepening engagement well beyond the company’s core money transfer offering.

Co-founder and CEO Kristo Käärmann highlighted key infrastructure milestones, including new direct payment system connections in Brazil and Japan, fresh regulatory licences in South Africa, the UAE, and Thailand, and new Wise Platform partnerships with UniCredit, Raiffeisen Bank, MBSB Bank, and Capitec.

$500M Buyback Announced

Adding further fuel to the share price rally, management announced a new share purchase programme expected to exceed $500 million. Wise also issued confident FY2027 guidance, targeting net revenue growth around the middle of its 15–20% range, with income before tax margin near the top of the 20–25% band — a combination that analysts and investors interpreted as a sign of durable momentum heading into the new fiscal year.