LONDON: The fintech company that helped revolutionise the money-transfer business is going public in a novel deal that could signal if Brexit Britain can become a destination for fast-growing companies.
Wise Plc, which was born as TransferWise, is eschewing a traditional initial public offering (IPO), opting instead for a direct listing on the London Stock Exchange (LSE); shareholders are set to sell a stake of at least 2.4% following a three-hour auction that will set the opening price.
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