Fintech Wise to pioneer direct listing in boost to London


FILE PHOTO The London Stock Exchange Group offices are seen in the City of London Britain December 29 2017. REUTERSToby MelvilleFile Photo

FILE PHOTO: The London Stock Exchange Group offices are seen in the City of London, Britain, December 29, 2017. REUTERS/Toby Melville/File Photo

LONDON (Reuters) -Wise, the British financial technology firm previously known as TransferWise, said on Thursday it plans to go public with the first direct listing on London's main market.

The London-based payments app founded in 2010 by two Estonian entrepreneurs, said it is opting to list without raising any funds, in a boost to the British government's aspirations to attract more technology firms.

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