UK fintech Wise set to list in London on July 7


Wise logo is seen on a smartphone in front of a displayed detail of the same logo in this illustration taken June 18 2021. REUTERSDado RuvicIllustration

Wise logo is seen on a smartphone in front of a displayed detail of the same logo in this illustration taken June 18, 2021. REUTERS/Dado Ruvic/Illustration

LONDON (Reuters) - British financial technology company Wise confirmed on Thursday that it plans to list in early July, in a test for London's main market as investor appetite for company floats starts to wane.

The company, formerly known as TransferWise, plans to do a direct listing on the London Stock Exchange rather than sell shares at a set price in advance, with the opening price to be determined in an open auction on the date of admission to the exchange.

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