|Bid||1,145.00 x N/A|
|Ask||1,146.00 x N/A|
|Day's range||1,135.50 - 1,161.00|
|52-week range||794.65 - 1,176.50|
|Beta (5Y monthly)||N/A|
|PE ratio (TTM)||7.22|
|Forward dividend & yield||N/A (N/A)|
|1y target est||1,034.17|
Digital money transfer group Wise Plc will join an Australian payments network which should allow transfers to be settled in the country faster and at lower cost, Chief Executive Officer Kristo Kaarmann said on Friday. The company will become a direct participant and shareholder in Australia's New Payments Platform (NPP), Kaarmann said. Wise said that joining the NPP will allow it to lower its average price of money transfers in or out of Australia by bypassing middlemen to clear and settle real-time payments instantly.
The firm, which was formerly known as TransferWise, has currently implemented the feature as a beta function on its app.
(Bloomberg) -- Revolut Ltd. raised $800 million from investors including SoftBank Group Corp.’s Vision Fund 2 and Tiger Global Management at a $33 billion valuation, the latest sign of investor demand for fintechs.The new money will be used to fund London-based Revolut’s expansion into new products and markets including the U.S. and India, according to a statement Thursday.The funding increases Revolut’s valuation six-fold from a fundraising round in 2020 and makes Revolut the U.K.’s most valuab