Kyle Grieve is joined by co-host Daniel Mahncke to discuss Wise PLC, a London-listed FinTech company that enables cheap and fast cross-border payments by matching local flows rather than moving money internationally through costly SWIFT networks. 

IN THIS EPISODE YOU’LL LEARN:
00:00:00 - Intro
00:04:45 - The clever mechanism Wise uses to move money without actually crossing borders
00:09:14 - Why two Estonians at a London party ended up disrupting global banking
00:13:44 - How Wise earns revenue from four streams
00:21:44 - Which of Wise's three competitor industries is the most threatening and why
00:26:04 - How fast payments have become at Wise
00:42:12 - Why deliberately lowering your own prices can be a sign of business strength
01:08:12 - The flywheel that makes Wise harder to beat, the larger it grows
01:10:35 - What to make of the CEO controversy
01:23:51 - How Wise's capital allocation stacks up against Buffett's ultimate litmus test
01:30:26 - What the numbers suggest investors could earn holding Wise
Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.

BOOKS AND RESOURCES
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 <li>Learn how to join us in Omaha for the Berkshire meeting <a href="https://www.theinvestorspodcast.com/how-to-attend-the-berkshire-hathaway-annual-meeting/">⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠here⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠</a>.</li>
 <li>Kyle and Daniel use <a href="http://fiscal.ai">Fiscal.ai </a>for every company they research — use their referral link to get started with a 15% discount!</li>
 <li>Read about <a href="https://paymentacademe.com/cross-border-payments-101-a-comprehensive-guide/?utm_source=chatgpt.com">cross-border payments 101</a>.
</li>
 <li>Read more on Wise, featured in <a href="https://www.amazon.com/Wall-Streets-Blind-Spots-Perspective-ebook/dp/B0FM77MVHB/ref=sr_1_1?crid=2N57RH8SO2VZ0&dib=eyJ2IjoiMSJ9.kQCsGsHdWtHoCGtjViSYzdeKUNmhypHxfJ1i71bBty6M9sA0BD7VTz-YFczOeKzOAI0coYB8-zuejF9d33Ig3GGRQT7tFg8ehvQqGmg3iLdLVt9cDYNWBvtwYppWaHw5Erepu7Aq8SOjcVsf-zufpLP3HikvnO5PMooZ2Bmm9sOpTylOh6u0XRHT2jqq-SC5sx3orE8pIJjZu1P5VDvBnkhC9Ql4VSquv8QTWJbGyno.07YC5XjXIRQ82dSj_F7sqoQGIuyPJ78qSgVVCSADWy8&dib_tag=se&keywords=wall+street%27s+blind+spots&qid=1775240054&sprefix=wall+street%27s+blind+spot%2Caps%2C342&sr=8-1">Wall Street’s Blind Spots</a>.
</li>
 <li>Listen to a <a href="https://www.youtube.com/watch?v=RU0yo_Y85WA">conversation with Wise’s CEO</a>, Kristo Käärmann.</li>
 <li>Follow Kyle on <a href="https://twitter.com/IrrationalMrkts">⁠⁠⁠⁠X⁠⁠⁠⁠</a> and <a href="https://www.linkedin.com/in/kylegrievetip/">⁠⁠⁠⁠LinkedIn⁠⁠⁠⁠</a>.</li>
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