Wise plc raised its full-year revenue growth forecast after a strong second quarter.
The company now expects net revenue growth in fiscal 2027 to land in the upper half of its 15% to 20% target range, or approximately 17.5% to 20%. Wise attributed the upgraded outlook to customer growth and higher cross-border transaction volumes.
In the second quarter, net revenue rose 21% to $739.1 million. Active customers increased 20% to 12.5 million year over year. Cross-border payment volumes climbed 22% to $71.7 billion compared with the previous year. Customer holdings rose 28%, pointing to growing trust and broader use of Wise’s services for everyday financial needs.