Wise Founders turn billionaires as fintech firm makes market debut in London

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Fintech startup Wise’s Estonian Founders Kristo Kaarmann and Taavet Hinrikus have become billionaires after the company made its stock market debut this week.Wise was valued at $11 billion, making it the largest ever tech listing in London by market capitalisation. Kaarmann and Hinrikus’s stakes were estimated to be worth about $2 billion and $1 billion respectively.