Rosen Law Firm is investigating potential securities claims on behalf of investors of Wise Group plc (NASDAQ: WSE) following allegations that the company may have issued materially misleading business information. The investigation centers on reports that Wise is under scrutiny for potential money laundering offenses, which has raised concerns about the company's compliance and disclosure practices.

On June 1, 2026, The Wall Street Journal published an article reporting that Brussels' public prosecutor is close to summoning payment processor Wise Group before a criminal court following an investigation into potential money laundering offenses. Additionally, The Bureau of Investigative Journalism reported that prosecutors in Belgium opened the investigation last year after noticing Wise accounts featured in hundreds of requests for cross-border help in criminal proceedings from more than 30 countries across Europe.

Following these reports, Wise Group's stock fell sharply in intra-day trading on June 1, 2026. The stock subsequently closed at $11.54 per share on June 2, 2026, a decline of $0.56 or 4.63%. The drop in share price reflects investor concerns regarding the potential legal and financial repercussions of the ongoing investigations.

Rosen Law Firm is preparing a class action seeking recovery of investor losses. Shareholders who purchased Wise Group plc securities are encouraged to contact the firm to inquire about their rights. Investors can join the prospective class action by contacting Phillip Kim, Esq. toll-free at 866-767-3653 or emailing case@rosenlegal.com . The firm emphasizes that investors may be entitled to compensation without payment of any out-of-pocket fees or costs through a contingency fee arrangement.

Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. The firm has recovered billions of dollars for investors and was ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017.

Wise Group plc reported a 19% increase in net revenue to $2.5 billion for FY26, driven by a 31% rise in cross-border volume to $243 billion. The company recorded income before tax of $660.4 million, reflecting a margin of 26%, which exceeded its guided range of 20-25%. Active customers grew 21% to 19 million, supporting a 40% increase in customer holdings to $39 billion and a 37% rise in card spend to $44 billion.

Kristo Käärmann, Co-founder and Chief Executive Officer, attributed the growth to new licenses, direct connections, and product features. The company launched direct connections in Brazil and Japan, gained license approvals in South Africa, the UAE, and Thailand, and added Wise Platform partners including Raiffeisen Bank and UniCredit. These investments enabled 19 million people and businesses to move $243 billion globally at an average take rate of 52bps.

Financial Overview

The company's financial performance highlighted strong operating leverage and diversification. Net revenue growth of 19% was at the top end of the medium-term target of 15-20%. Almost 50% of net revenue came from non-cross-border sources, including net interest income, card, and other revenue. The income before tax margin of 26% was slightly above the guided range, supported by a lower cross-border take rate of 0.52%, down 6bps from the previous year.

Capital Allocation and Outlook

Wise allocated $470 million in FY26 to purchase 35.9 million shares into the Employee Share Trust to eliminate shareholder dilution from historic share options. The company announced a new share purchase program expected to exceed $500 million, with approximately 40% allocated to the recurring EST share purchase program.

For FY27, Wise expects net revenue growth around the middle of its 15-20% medium-term target range on a constant currency basis. The income before tax margin is projected to be around the top of the 20-25% range. The company reiterated its medium-term targets of a net revenue CAGR of 15-20% and an income before tax margin of 15-20%, excluding retained interest income.

Regulatory Filings

Wise filed its Annual Report on Form 20-F for the fiscal year ended March 31, 2026, with the U.S. Securities and Exchange Commission. The company also published its U.K. Annual Report for the same period, which was uploaded to the Financial Conduct Authority National Storage Mechanism and furnished to the SEC as a Form 6-K.