Last month, London-based fintech startup Wise raised £160M (approx €185.35M) in funding. The syndicated facility led by Silicon Valley Bank’s UK & EMEA Corporate Finance team was put in place to help refinance Wise’s existing revolving line of credit.
In a recent development, the company has announced that it is planning to go public on the London Stock Exchange through a direct listing. The company plans to deploy a dual-class share structure that will enable its founders and early investors to retain voting control.