British fintech Wise is moving its primary stock listing from London to New York, joining several companies that are opting for the U.S. market. Companies like Arm and Just Eat Takeaway have made similar decisions due to higher valuations and more capital access in the U.S. Experts highlight that the U.S. market offers a more favorable environment for growth-stage tech companies, as U.S. investors are more willing to embrace risk and support revenue-before-profit strategies, which contrasts with the more conservative European investment landscape.
The US economy continues to perform far better than the EU, and valuations are simply higher for companies that can list there, said Victor Basta.
Kärmann said the move would tap the biggest market opportunity in the world for our products today, and enable better access to the world's deepest and most liquid capital market.
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