Salem Radio Network News Tuesday, July 27, 2021

Science

Wise revenue grows 43% in first quarter of fiscal year

LONDON (Reuters) – Money transfer company Wise Plc on Tuesday said revenue reached 123.5 million pounds ($168.66 million) in the first quarter of its financial year, up 43% from a year earlier.

The London-based firm processed 16.4 billion pounds in cross border payments, up 54% year on year, it said in its first trading update as a public company.

($1 = 0.7322 pounds)

(Reporting by Anna Irrera; Editing by Rachel Armstrong)

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