Wise said in its full-year earnings statement that it will move to a dual listing, with its main listing hub shifting to the U.S. while maintaining a secondary listing in London.

Wise Plc is planning to list its shares in the US, the latest blow to London’s stock market. While the fintech will maintain a secondary listing on the London Stock Exchange, the US will be its primary listing venue,

LONDON—British payments company Wise said it plans to move its main stock listing to the U.S., in the latest blow to European markets that have experienced a wave of defections. The details The financial-technology company specializes in cross-border transfers.