Fintech giant Wise plans to shift main listing to New York as London sheds innovative companies

Wise, the London-based fintech unicorn, is moving its primary listing to New York, adding to the flight of public companies from the British market in recent years. 

The company, founded by two Estonians, debuted on the London Stock Exchange in 2021, at a time when tech and finance listings were booming worldwide. This seemed like an encouraging prospect for London, which aimed to be the epicenter of global tech companies in the European region.

But such hopes have fallen flat...