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Wise shares sink after US rejects bank charter application

Company shares dropped more than 10% at market open

Bloomberg NewsbyBloomberg News
July 24, 2026
in Payments
Reading Time: 1 min read
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Wise Group Plc’s application to become a national trust bank in the U.S. was rejected by the U.S. Office of the Comptroller of the Currency, delivering a setback for the fintech’s plans to expand in the U.S. Wise shares in London dropped more than 10% when the market opened on Friday. It’s the first denial […]

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Tags: anti-money laundering (AML)BloombergNewsPremiumU.S. Office of the Comptroller of the Currency (OCC)Wise
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