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Fintech Wise's shares fall on Belgian money-laundering investigation

Fintech Wise's shares fall on Belgian money-laundering investigation PARIS, June 1 : Money transfer company Wise's London-listed shares fell by more than 10 per cent on Monday on news that the Brussels Public Prosecutor's Office is investigating its European entity in cases the prosecutor said reportedly involve more than half a billion euros ($582.5 million) in suspicious transactions. Authorities in Europe are trying to crack down on illicit finance, following the collapse of Wirecard and...

Channel News Asia 9d ago

Wise shares slump over money laundering investigation

London-headquartered fintech says it is responding to questions from Belgian authorities

Financial Times 9d ago

Wise investigated in Belgium over money-laundering control concerns

International money transfer service’s shares tumble as it confirms discussions with prosecutor’s officeBusiness live – latest updatesWise, the UK-based international money transfer service and darling of the London fintech scene, has confirmed it is answering questions from Belgian prosecutors investigating money laundering, sending its shares tumbling. In a statement to the stock market, Wise said it was “currently working with the Brussels prosecutor to respond to queries about our...

The Guardian UK 9d ago

Wise investigated in Belgium over money-laundering control concerns

International money transfer service’s shares tumble as it confirms discussions with prosecutor’s officeBusiness live – latest updatesWise, the UK-based international money transfer service and darling of the London fintech scene, has confirmed it is answering questions from Belgian prosecutors investigating money laundering, sending its shares tumbling. In a statement to the stock market, Wise said it was “currently working with the Brussels prosecutor to respond to queries about our...

The Guardian World 9d ago

Wise investigated in Belgium over money-laundering control concerns

International money transfer service’s shares tumble as it confirms discussions with prosecutor’s officeBusiness live – latest updatesWise, the UK-based international money transfer service and darling of the London fintech scene, has confirmed it is answering questions from Belgian prosecutors investigating money laundering, sending its shares tumbling. In a statement to the stock market, Wise said it was “currently working with the Brussels prosecutor to respond to queries about our...

The Guardian Business 9d ago