Wise's profit before tax slid eight per cent to $660m (£500m) - down from $715.5m - in its first results after switching its primary listing.

Wise's profit before tax slid eight per cent to $660m (£500m) - down from $715.5m - in its first results after switching its primary listing.

The fintech reported an 8% drop in annual pre-tax profits to 660.4 million dollars (£500.3 million) as operating expenses jumped 39%.