Wise Forges Ahead With Push Into US Despite Soaring Expenses

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Why This Matters

Wise Plc is pushing forward with its US expansion plan despite facing soaring expenses and pushback from traditional lenders, aiming to become a national trust bank and list its shares in the US.

Market Impact

Market impact analysis based on bullish sentiment with 70% confidence.

Sentiment
Bullish
AI Confidence
70%

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

Wise Plc is forging ahead with its plan to become a national trust bank and dually list its shares in the US even as the efforts crimp profits and the company faces push back from traditional lenders.

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Original article published by Bloomberg on November 6, 2025.
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