All the updated news related to kristo kaarmann

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City

Wise profits triple as it pursues ‘mission’ of price transparency

Money transfer platform Wise has seen its profits nearly triple over the last six months as the amount of customers moving money cross-border boomed. The company, which claims to be one of the cheapest and fastest options for moving money around the ...

29 Nov 2022 at 12:32

City

Wise lifts income forecast as it reaps benefits of higher interest rates

Money transfer and payments platform Wise has lifted its full-year profit expectations after enjoying a surge in income from higher interest rates. The fintech company said its net interest income – an important measure showing the difference ...

17 Jan 2023 at 09:09

City

Wise boss to take ‘overdue’ sabbatical to look after newborn son

The boss of payments firm Wise has announced plans to take a three-month sabbatical to spend time with family and look after his newborn son. Co-founder and chief executive Kristo Kaarmann said he is “overdue” the time off after starting the ...

10 May 2023 at 13:14

City

Wise sees profits soar amid customer boost and rising interest rates

Money transfer firm Wise has unveiled soaring annual profits thanks to surging active customers and as higher interest rates boosted its income. Shares in the group jumped by as much as 21% after it reported a 234% rise in pre-tax profits ...

27 Jun 2023 at 14:44

City

Wise posts higher profits amid watchdog probe into founder’s tax default

Money transfer group Wise has unveiled a rise in profits and surge in customers as its boss faces a City watchdog investigation after defaulting on his taxes. The group, which floated in a record-breaking London listing last July, ...

28 Jun 2022 at 09:28

City

Wise boss under investigation by City watchdog after tax breach

The billionaire co-founder and chief executive of Wise is being investigated by the City watchdog over his status as a so-called deliberate tax defaulter, the money transfer group has revealed. Wise said the Financial Conduct ...

27 Jun 2022 at 09:17

City

Wise boss fined £350,000 over failure to report ‘significant tax issue’

The boss of London-listed money transfer firm Wise has been fined £350,000 by the UK financial watchdog for failing to notify it about “significant tax issues”. The Financial Conduct Authority (FCA) said Kristo Kaarmann, who ...

28 Oct 2024 at 08:19

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