LONDON: Money transfer company Wise Plc on Tuesday said revenue reached 123.5 million pounds (US$168.66 million) in the first quarter of its financial year, up 43per cent from a year earlier.

The London-based firm processed 16.4 billion pounds in cross border payments, up 54per cent year on year, it said in its first trading update as a public company.

(US$1 = 0.7322 pounds)

(Reporting by Anna Irrera; Editing by Rachel Armstrong)

Source: Reuters
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