Wise’s profit-purpose balancing act may get harder – Breakingviews

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<img width="728" height="502" src="https://www.breakingviews.com/wp-content/uploads/2021/06/RTX6872X.jpg" class="attachment- size- wp-post-image" alt="" loading="lazy" srcset="https://www.breakingviews.com/wp-content/uploads/2021/06/RTX6872X.jpg 728w, https://www.breakingviews.com/wp-content/uploads/2021/06/RTX6872X-300x207.jpg 300w, https://www.breakingviews.com/wp-content/uploads/2021/06/RTX6872X-550x379.jpg 550w, https://www.breakingviews.com/wp-content/uploads/2021/06/RTX6872X-286x197.jpg 286w, https://www.breakingviews.com/wp-content/uploads/2021/06/RTX6872X-565x390.jpg 565w" sizes="(max-width: 728px) 100vw, 728px"/> The $13 bln fintech that wants to disrupt currency transfers is cutting foreign-exchange fees to win more users. Yet meeting investors’ revenue expectations while slashing prices looks tricky. CEO Kristo Käärmann may eventually have to irk either shareholders or customers.

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<img width="728" height="502" src="https://www.breakingviews.com/wp-content/uploads/2021/06/RTX6872X.jpg" class="attachment- size- wp-post-image" alt="" loading="lazy" srcset="https://www.breakingviews.com/wp-content/uploads/2021/06/RTX6872X.jpg 728w, https://www.breakingviews.com/wp-content/uploads/2021/06/RTX6872X-300x207.jpg 300w, https://www.breakingviews.com/wp-content/uploads/2021/06/RTX6872X-550x379.jpg 550w, https://www.breakingviews.com/wp-content/uploads/2021/06/RTX6872X-286x197.jpg 286w, https://www.breakingviews.com/wp-content/uploads/2021/06/RTX6872X-565x390.jpg 565w" sizes="(max-width: 728px) 100vw, 728px"/> Source: REUTERS/Ricardo Moraes