Infrastructure investments driving success in Q1 2025: Leadership perspectives on financial results
Money transfer provider Wise, formerly known as TransferWise, has announced its H1 2025 results, showcasing a 19% increase in revenue to £591.9 million and a 57% increase in profit before tax to £147.1 million.
During a recent conversation, Wise's CFO Emmanuel Thomassin and Director of Finance (FP&A, IR) Martin Adams discussed the company's strategy moving forward. The discussion covered various aspects, including the drivers of Wise's H1 2025 results and strategies for new licence developments in Australia.
One of the key highlights of the conversation was the growth of Wise's active customers, which increased by 25% to include 11.4 million people and businesses. The total volume sent across borders also saw an increase of 19% to £68.4 billion, with Personal volumes growing 20% to £50.6 billion and Business volumes growing 18% to £17.7 billion.
The conversation also touched upon segmenting Wise's Personal customers, the impact of Wise Account on revenue, and the company's India outbound play. Wise's customer base has expanded to serve more than 160 countries and more than 40 currencies.
Cross-border revenues rose 9% to £419.1 million, while card and other revenues rose 52% in H1 2025 and accounted for 29% of revenues. The company's card business has been boosted by the growth of Wise Account customers.
Strategies around Wise Platform were also discussed during the conversation. The company received approval to directly connect with local instant payments infrastructure in the Philippines, Japan, and Brazil, which will undoubtedly boost its products in these regions.
The conversation concluded with the announcement of a Wise Platform partnership with Tier 1 bank Standard Chartered, which has contributed to the continued climb in the company's share price after the results.
Despite the revealing discussion, no new facts about the company's customer base, growth, or revenue figures were discussed. However, without the exact H1 2025 results and commentary by CFO Emmanuel Thomassin and Director of Finance Martin Adams, it is difficult to provide precise or updated strategies Wise plans to implement for market capture.
For the most accurate and up-to-date information, consider reviewing Wise's official H1 2025 financial report, earnings call transcripts, or press releases where executives typically discuss future strategic plans.
The discussion between Wise's CFO Emmanuel Thomassin and Director of Finance Martin Adams also involved strategies for expanding business in technology-driven markets to capitalize on the growth of advanced payment solutions. In light of the company's impressive H1 2025 results, further integration of technology in Wise's financial instruments seems essential to maintain its competitive edge in the finance sector.
