Last Updated on November 9, 2026 by Fintech On
Wise Group Plc reported growth in its Q2 FY27 results for the quarter ended September 30. The report shows growth across several metrics, prompting an increase in guidance for FY27.
An official Wise release shows that the number of active customers rose 20% from 10.4 million in Q2 FY26 to 12.5 million. Customer holdings also grew from 33.9 billion to 43.5 billion, a 28% rise in the same period. In addition, cross-border volume rose 22% from $59 billion to $71.7 billion, while the company’s net revenue hit $739.1 million, up 21% from $610.5 million the year before.
Wise Records Growth and Continues International Expansion
Wise is also charging its customers less, reporting that it reduced its cross-border take rate by 3 basis points year-over-year to 49 bps. Despite the reduction, Wise’s transaction revenue hit $561.3 million, a 22% YoY growth.
In the release, Wise co-founder and chief executive officer (CEO) Kristo Käärmann said that Wise’s more than 12 million customers moved $70 billion around the world. Käärmann also said 78% were completed instantly. Furthermore, the CEO noted that everyday financial expenditure via Wise cards hit $14 billion in the quarter.
On company expansion, Käärmann said more products went live in several other jurisdictions.
“We continued to expand our network, products and features so Wise can serve more people and businesses around the world. This quarter, we went live in Malaysia with our ninth direct integration, launched the Wise Account and Wise Card in Thailand, introduced Wise Assets in New Zealand and announced our Wise Platform partnership with OakNorth to power international payments for its UK business customers.”
The company has adjusted its FY27 net revenue growth forecast. Wise is now more bullish and expects growth to be in the upper half, which is 17.5% to 20% of its 15% to 20% medium-term target range on a constant currency basis. In addition, the company expects its income before tax (IBT) for FY27 to be near the top of its 20%-25% range.
Wise says the IBT margin will be about 23% because of one-time expenses related to its dual listing. In May, Wise announced a listing on Nasdaq, debuting in the US while maintaining a secondary listing on the London Stock Exchange (LSE).
New Investment Products and Official Entry Into African Market
Wise launched a new investment feature in Hungary, allowing customers to earn returns on their money. While keeping their money accessible, customers can earn an annualized variable return of 4.72% after fees. The company describes this feature as “a market-leading return in Hungary for an instant-access forint product.”
Wise also announced in April a partnership with Capitac, South Africa’s largest bank by customer base, as it enters the South African market. In March, Wise received conditional approval for a license in Nigeria, after being designated as an unregistered International Money Transfer Operator (IMTO) in 2020.
