Wise Plc wants to create a national trust bank in the US, in the latest sign of its growing focus on America as it works on moving its main share listing to the country. The London-headquartered payments firm filed its application to be directly regulated by the US’s Office of the Comptroller of the Currency on June 16, documents show. Its US hub will be in Austin, Texas, where the firm already has some 450 staff.
A national charter may also give firms more flexibility when considering how to expand their offerings, Dante Disparte, Circle’s chief strategy officer and head of global policy and operations, said in an interview.
