Read on Twitter
1/ It occurred to us recently that as a VC backed tech company, we don’t have any customers as shareholders. It’s weird. 
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🤯" title="Explodierender Kopf" aria-label="Emoji: Explodierender Kopf">
About time to change ithttps://abs.twimg.com/emoji/v2/... draggable="false" alt="👇🏼" title="Rückhand Zeigefinger nach unten (mittelheller Hautton)" aria-label="Emoji: Rückhand Zeigefinger nach unten (mittelheller Hautton)">
About time to change it
2/ Customers have the strongest understanding of the problems we’re solving with our mission, so it’s natural they should have a say in how Wise is built and run.
3/ Everyone who’s ever worked on building @Wise are owners - either through options or shares directly. That’s 4000 people now. This is fantastic and luckily becoming a norm in tech.
4/ Many of our financial investors were also customers before they bought our shares.
5/ We have this really special alignment among shareholders and customers - whenever we create more value for our customers, e.g. are able to reduce fees, it also creates value for shareholders.
6/ The more these groups - customers, employees and shareholders - overlap, the stronger that alignment will be. https://abs.twimg.com/emoji/v2/... draggable="false" alt="💞" title="Drehende Herzen" aria-label="Emoji: Drehende Herzen">
7/ We took the first step towards it - last week we gifted a group of 2000 active customers one share in Wise. https://abs.twimg.com/emoji/v2/... draggable="false" alt="🎁" title="Verpacktes Geschenk" aria-label="Emoji: Verpacktes Geschenk"> https://twitter.com/crobinuk/status/1383034126190714881">https://twitter.com/crobinuk/...
8/ They will each now own 0.0000029% of Wise and be registered in Companies House on our share register.
The share has some value too. Last year these were bought and sold for $125 a share.
The share has some value too. Last year these were bought and sold for $125 a share.
9/ We expect our customer shareholders will help guide and govern how we develop Wise, get early access to newer features, be involved with our Mission Days and more.
10/ The new shareholders will bring a strong customer voice into the shareholder group, next to the 4000 current and former employees and a smaller group of financial investors.
11/ And I will looking for more ways to integrate our customers with our shareholder base and into building @Wise. https://wise.com/gb/blog/becoming-a-shareholder-of-wise-apr21">https://wise.com/gb/blog/b...
