Wise Group reported net revenue of $714.000 million for the quarter ended June 30, 2026, beating the analyst consensus estimate of $517.176 million by 38.06%. This represents a 24.54% increase over sales of $573.300 million in the same period last year. The growth was driven by a significant rise in cross-border transaction volume, which reached $69.3 billion, up 26% year-on-year.

The global technology company recorded a 21% increase in active customers to 11.9 million, while customer holdings grew 31% to $41.2 billion. Transaction revenue increased 27% to $540.9 million. The company’s cross-border take rate decreased by 2 basis points year-on-year to 0.50%, reflecting a strategic move to invest operating leverage into maintaining competitive pricing. Instant transfers accounted for 77% of all transactions, up from 70% in the prior year.

Operational Performance

Wise Group’s operational metrics showed robust expansion across both personal and business segments. The following table details the key performance indicators for Q1 FY27 compared to the prior year.

Financial Guidance

Wise Group reiterated its guidance for FY27, projecting net revenue growth around the middle of its 15-20% medium-term target range on a constant currency basis. This outlook assumes no material changes in interest paid to customers or central bank rates. The company also targets an income before tax margin around the top of the 20-25% range.

Kristo Käärmann, Co-founder and Chief Executive Officer, highlighted the quarter’s performance, noting that almost 12 million people and businesses used Wise to move $69.3 billion globally. He emphasized that the average fee of 50 basis points was the lowest in the company’s history. Käärmann also mentioned recent product expansions in Latin America, enabling customers in Chile to send money across borders and top up multi-currency accounts with local, instant pay-ins.

Rosen Law Firm is investigating potential securities claims on behalf of shareholders of Wise Group plc (NASDAQ: WSE) following allegations that the company may have issued materially misleading business information. The investigation centers on whether investors suffered damages due to potential violations of federal securities laws. The law firm is preparing a class action lawsuit to seek recovery of losses for affected shareholders.

The investigation was triggered by a report published on June 1, 2026, by The Wall Street Journal titled "Wise Group Faces Court Summons Over Money Laundering Probe." The article stated that Brussels’ public prosecutor is close to summoning the payment processor before a criminal court following an investigation into potential money laundering offenses. Following this news, Wise Group's stock fell sharply during intra-day trading on June 1, 2026.

Investors who purchased Wise Group plc securities are encouraged to contact the Rosen Law Firm to discuss their rights and potential compensation. The firm operates on a contingency fee arrangement, meaning investors may not need to pay any out-of-pocket fees or costs to participate in the class action. The lead plaintiff deadline and other relevant class period dates have not been specified in the current notice.

The Rosen Law Firm advises investors to select qualified counsel with a proven track record in securities class actions. The firm highlights its experience, noting it has recovered billions of dollars for investors and achieved the largest ever securities class action settlement against a Chinese company. In 2017, the firm was ranked No. 1 by ISS Securities Class Action Services for the number of securities class action settlements.

Shareholders wishing to join the prospective class action can visit the Rosen Law Firm's website or contact Phillip Kim, Esq. toll-free at 866-767-3653 or via email at case@rosenlegal.com . The firm represents investors globally and concentrates its practice in securities class actions and shareholder derivative litigation.