International money transfer service’s shares tumble as it confirms discussions with prosecutor’s office
Wise, 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 business, as we routinely do with regulators and law-enforcement authorities.
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This article was originally published by The Guardian and written by Rob Davies.
Read original article on The Guardian