Wise Puts US Broker-Dealer Licence to Work with Interest and Stocks Launch

Tuesday, 10/11/2026 | 17:24 GMT by Tareq Sikder
  • The firm introduces money market and S&P 500 investment options as global customer holdings reach $39 billion.
  • The company reports a 17% annual increase in US Basic Interest income as it expands its investment offering.
Wise (Shutterstock)

Wise has used its US broker-dealer licence for the first time to launch two investment products, Wise Interest and Stocks, for personal and business customers.

London's trading industry is coming home!

The launch comes as Wise increases its focus on the US market. In April 2026, the company announced plans to move its primary stock market listing from London to Nasdaq.

Wise Offers US Customers Two Investment Options

Vinay Nilakantan, Head of Product for North America at Wise
Vinay Nilakantan, Head of Product for North America at Wise, Source: LinkedIn

The products are offered through Wise US Assets Inc., a registered broker-dealer and member of the Securities Investor Protection Corporation. Wise holds a broker-dealer licence in all 50 US states.

Wise Interest allows customers to earn returns on USD balances through a money market fund holding government-backed assets. Returns are calculated daily and paid monthly, although they are not guaranteed.

Stocks allows customers to invest their existing USD balances in an S&P 500 index fund. The investment provides exposure to US companies but carries market risk, including the potential loss of principal.

Customer Holdings Grow 40% Annually

Customers can access both products directly from their existing Wise balances. They can continue to send and spend money without transferring funds to separate accounts or locking them away. Fees are displayed before customers opt in.

Vinay Nilakantan, Head of Product for North America at Wise, said global customer holdings increased 40% to $39 billion in the last financial year.

The launch also builds on Wise's existing Basic Interest offering in the US. Income earned through the product, which covers eligible USD, GBP and EUR balances, increased almost 17% year over year in FY26.

Wise already offers currency conversion, international transfers and multi-currency accounts in the US. The two new products add investment options to its existing services.

Wise has used its US broker-dealer licence for the first time to launch two investment products, Wise Interest and Stocks, for personal and business customers.

London's trading industry is coming home!

The launch comes as Wise increases its focus on the US market. In April 2026, the company announced plans to move its primary stock market listing from London to Nasdaq.

Wise Offers US Customers Two Investment Options

Vinay Nilakantan, Head of Product for North America at Wise
Vinay Nilakantan, Head of Product for North America at Wise, Source: LinkedIn

The products are offered through Wise US Assets Inc., a registered broker-dealer and member of the Securities Investor Protection Corporation. Wise holds a broker-dealer licence in all 50 US states.

Wise Interest allows customers to earn returns on USD balances through a money market fund holding government-backed assets. Returns are calculated daily and paid monthly, although they are not guaranteed.

Stocks allows customers to invest their existing USD balances in an S&P 500 index fund. The investment provides exposure to US companies but carries market risk, including the potential loss of principal.

Customer Holdings Grow 40% Annually

Customers can access both products directly from their existing Wise balances. They can continue to send and spend money without transferring funds to separate accounts or locking them away. Fees are displayed before customers opt in.

Vinay Nilakantan, Head of Product for North America at Wise, said global customer holdings increased 40% to $39 billion in the last financial year.

The launch also builds on Wise's existing Basic Interest offering in the US. Income earned through the product, which covers eligible USD, GBP and EUR balances, increased almost 17% year over year in FY26.

Wise already offers currency conversion, international transfers and multi-currency accounts in the US. The two new products add investment options to its existing services.

About the Author: Tareq Sikder
Tareq Sikder
  • 2559 Articles
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About the Author: Tareq Sikder
Tareq is a financial writer with 15 years of experience covering global markets. His work spans technical analysis, forex broker reviews, and market sentiment, with a focus on topics relevant to retail traders. He joined Finance Magnates in 2023. At Finance Magnates, he serves as News Editor, covering retail forex and CFD brokers, cryptocurrency exchanges, fintech firms, and regulatory developments shaping the trading industry. He holds an Honours degree in Information Technology from Anfell College, London. Education: Honours degree Information Technology, Anfell College, London
  • 2559 Articles
  • 49 Followers

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