|Bid||N/A x N/A|
|Ask||N/A x N/A|
|Day's Range||10.03 - 10.21|
|52 Week Range||9.51 - 16.46|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||4.81|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
TORONTO, October 25, 2021--Payfare and Wise today announced plans to bring fast, low-fee and secure international money transfer capabilities to Payfare’s digital banking app.
The sale by Taavet Hinrikus was priced at 815p per share, representing a 4% discount to the closing price in the previous session.
Hinrikus sold about 10 million Class A shares in the company, which specialises in cross-border money transfers, through an accelerated bookbuilding process, the bookrunner said. Wise, whose shares fell about 5% in early deals on Friday, said a day earlier OÜ Notorious, Hinrikus' private investment firm, will hold on to its 54 million class B shares.