Wise said fourth-quarter cross-border transaction volumes rose 26% to 49.4 billion pounds ($66.2 billion), indicating continued strong demand for its fintech transfer services. The growth reinforces management's expectation that annual profit margins will finish near the top end of its forecast range. The update is constructive for fundamentals, but it is a routine trading/business update rather than a major market-moving event.
Wise said fourth-quarter cross-border transaction volumes rose 26% to 49.4 billion pounds ($66.2 billion), indicating continued strong demand for its fintech transfer services. The growth reinforces management's expectation that annual profit margins will finish near the top end of its forecast range. The update is constructive for fundamentals, but it is a routine trading/business update rather than a major market-moving event.
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mildly positive
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0.45
