All articles tagged with #wise
European markets edged higher following the ECB's decision to cut interest rates by 25 basis points, with bond yields falling and stocks showing modest gains. Wise's shares surged 8.4% after reporting strong earnings and announcing a move of its primary listing to the U.S. Additionally, gold and silver prices hit multi-year highs, and German factory orders unexpectedly increased, signaling mixed economic signals in Europe.
In the latest PYMNTS Provider Ranking of Digital Banking Apps, Revolut maintains its top position with a perfect score, while Wise holds steady at No. 2. Acorns and Ally are making upward moves, while Empower and Albert are slipping down the rankings. Chime and MoneyLion round out the top five, with other notable shifts in the top 10 positions.
Wise's shares fell by 4% after the announcement of CFO Matt Briers' resignation next year and CEO Kristo Kaarman's paternity leave starting September. Briers is the second CFO of a major UK fintech firm to announce his departure this month.