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Wise (LSE:WISE) Deferred Policy Acquisition Costs


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What is Wise Deferred Policy Acquisition Costs?

Deferred Policy Acquisition Costs only applies to banks and insurance companies.


Wise Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Wise PLC (LSE:WISE) » Definitions » Deferred Policy Acquisition Costs
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Address
56 Shoreditch High Street, 6th Floor, Tea Building, London, GBR, E1 6JJ
Wise PLC is a currency conversion platform utilizing a peer-to-peer network to reduce transfer costs. The group focuses primarily on private clients and small and midsize enterprises. By operating local accounts in each jurisdiction Wise sends money to or receives money from, this fintech offers faster and cheaper currency transfer services than incumbents (banks). Wise has started to broaden its product offering, issuing its clients debit cards and allowing customers to invest funds into various asset-management products.