W

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

Business Management
Share
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.

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

Source：MarketWatch

Disclaimer：Please read market information rationally and stay aware of investment risks. All content on this site is for informational purposes only and does not constitute investment advice.

Related Reading

Is Clarity's delay a blessing in disguise?: State of Crypto

The crypto industry is angry and disappointed that the Senate is not holding a procedural vote on the Clarity Act this month, but that isn't the worst possible…

Hyperliquid’s RWA perps boom is eating into the revenue that backs HYPE

Revenue has fallen four quarters running while open interest hit a record high. The gap is a feesharing program that hands half the platform's volume to…

Bitcoin investors pour $853 million into spot ETFs. BlackRock’s IBIT claims the bulk

Bitcoin ETFs recorded $853.54 million in net inflows last week, the strongest since midApril, with BlackRock’s IBIT taking the bulk. Source：CoinDesk

S&P 500 sales growth is at a nearly 5-year high. Here’s what’s behind the surge.

Energy companies in the S&P 500 have put up a 42.5% revenue gain in the second quarter, powering the index’s sales performance. Source：MarketWatch

Source：https://www.marketwatch.com/story/wise-group-shares-tank-after-u-s-bank-charter-rejected-whats-next-for-the-fintech-91be430f