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UK's Wise gains on strong Q2 volume growth



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** Shares in Wise Plc WISEa.L up 5.8% at 718p

** British money transfer firm posts 20% rise in Q2 cross border volume to 35.2 bln pounds ($45.98 bln)

** Q2 underlying income grew by 17% YoY to 337 mln pounds

** Co says investments in pricing through H1 expected to help achieve target of underlying PBT margin range of 13%-16% in H2

** Stock down ~18% so far this year


($1 = 0.7656 pounds)



Reporting by Prerna Bedi in Bengaluru

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