UK fintech company Wise shareholders have decided to relocate its primary stock listing from London to New York.

In response to this decision, investors in the money transfer firm approved the relisting plan. This move also includes an extension of Wise’s dual-class share structure for another 10 years, which grants additional voting rights to its founders.

According to reports by The Financial Times, Wise’s co-founder advised against the relisting proposal, expressing concerns that governance changes might compromise the company’s London-based principles. Under the dual-class structure, class B shareholders have enhanced voting rights compared to those holding class A stock.

Details of Wise’s Plan to Relocate Its Main Listing

In June 2025, Wise announced plans to shift its primary listing to New York with the aim of enhancing its appeal to U.S. investors and optimizing its expansion strategies in the region. Officials stated that this change would speed up growth opportunities and provide significant capital market benefits for the firm.

The decision is expected to heighten concerns about the attractiveness of the London market, which has faced challenges in competing with Wall Street. Despite a rise in market capitalization since Wise’s listing on the London stock exchange four years ago, the company has also drawn regulatory scrutiny.