Wise raised its FY 24 guidance after revenues rose by 23% to £276.6m in Q3 2024 (calendar Q4 2023), driven primarily by a 30% rise in active customers.
Artificial intelligence was one of the biggest trends for banks in 2023, and this is set to continue in 2024 as the hype around generative AI continues.
Cryptocurrencies had a mixed year in 2023. While the price of Bitcoin rose substantially in November, regulators have continued to challenge the industry.