Cross-border payments platform Wise saw year-over-year increases of 24% in cross-border volume and 17% in active customers as it continued to add new partnerships. With these gains made during the first quarter of the company’s fiscal year 2026, Wise’s cross-border volume reached 41.2 billion pounds (about $55.2 billion), and its number of active customers reached 9.8 million. The company’s cross-border take rate declined by 12 bps year over year, from 0.64% to 0.52%, which Wise attributed to a reduction in its average price and an increase in the proportion of higher-volume customers. Wise’s underlying income for the quarter saw a year-over-year increase of 11% on a reported basis and 14% on a constant currency basis, lifting it to 362 million pounds. The medium-term guidance for growth in underlying income is 15% to 20% on a constant currency basis. Highlighting recent moves made by Wise, co-founder and CEO Kristo Käärmann said the company launched Wise Business in the Philippines, continued to add Wise Platform partners, and announced partnerships with Raiffeisen Bank and UniCredit to power instant international transfers for their consumer and business customers in Europe.