Wise tumbles after US declines national trust bank application

London-listed shares of Wise , fell 10% on Friday after the money transfer group said ​its application to create a national trust ‌bank in the United States was denied by regulators, amid major changes in financial policy.

Reuters • Jul 24, 2026

Wise tumbles as US regulator rejects banking licence application

Wise Group PLC (LSE:WISE, NASDAQ:WSE) shares fell 9% to 824p after US regulators rejected its application for a national trust bank charter. The US Office of the Comptroller of the Currency denied the application following concerns linked to historical compliance issues identified after it was submitted more than a year ago.

Proactive Investors • Jul 24, 2026

Wise Suffers Setback In U.S. Expansion As Regulator Denies Bank License

Wise's ambitions to deepen its presence in the U.S. suffered a setback after regulators rejected the fintech's application to become a national trust bank, citing concerns over its anti-money laundering controls and management's lack of familiarity with banking laws.

Forbes • Jul 24, 2026

Wise Group shares tank after U.S. bank charter rejected. What's next for the fintech.

Wise Group shares fell as much as 11% on Friday as the U.K.-headquartered, U.S.-listed fintech had its application for a national bank charter denied.

Market Watch • Jul 24, 2026

ROSEN, NATIONAL TRIAL ATTORNEYS, Encourages Wise Group plc Investors to Inquire About Securities Class Action Investigation - WSE

New York, New York--(Newsfile Corp. - July 24, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Wise Group plc (NASDAQ: WSE) resulting from allegations that Wise Group plc may have issued materially misleading business information to the investing public. SO WHAT: If you purchased Wise Group plc securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

Newsfile Corp • Jul 24, 2026

Wise Group Shares Drop After U.S. Regulator Denies License on Shortcomings

The company plans to submit a new application for a national trust bank charter under the framework of the Genius Act

WSJ • Jul 24, 2026

ROSEN, NATIONAL TRIAL LAWYERS, Encourages Wise Group plc Investors to Inquire About Securities Class Action Investigation - WSE

New York, New York--(Newsfile Corp. - July 22, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Wise Group plc (NASDAQ: WSE) resulting from allegations that Wise Group plc may have issued materially misleading business information to the investing public. SO WHAT: If you purchased Wise Group plc securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

Newsfile Corp • Jul 22, 2026

WSE Investor News: If You Have Suffered Losses in Wise Group plc (NASDAQ: WSE), You Are Encouraged to Contact The Rosen Law Firm About Your Rights

NEW YORK, July 21, 2026 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Wise Group plc (NASDAQ: WSE) resulting from allegations that Wise Group plc may have issued materially misleading business information to the investing public.

GlobeNewsWire • Jul 21, 2026

Rosen Law Firm Encourages Wise Group plc Investors to Inquire About Securities Class Action Investigation - WSE

NEW YORK, July 20, 2026 /PRNewswire/ -- Why: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Wise Group plc (NASDAQ: WSE) resulting from allegations that Wise Group plc may have issued materially misleading business information to the investing public. So What: If you purchased Wise Group securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

PRNewsWire • Jul 20, 2026

Wise keeps the money moving as growth stays on fast track

Wise Group PLC (LSE:WISE, NASDAQ:WSE) has kicked off its 2027 financial year with another strong quarter, as more customers turned to the fintech group for fast, low-cost international payments. The company reported first-quarter net revenue of US$714 million, up 25% from a year ago, driven by continued growth in cross-border payment volumes and customer numbers.

Proactive Investors • Jul 17, 2026