Kristo Kaarmann, CEO and co-founder of Wise.
Eoin Noonan | Sports file | Getty Images
UK fintech stocks Wise slipped Monday, after the company announced that its chief financial officer Matt Briers would leave the company next year, while its CEO Kristo Kaarman will go on paternity leave from September.
Wise shares were down around 4% at 9.15am London time.
Briers is the second CFO of a major UK fintech company to announce his departure this month – in May. On January 11, British digital banking startup Revolut said its chief financial officer Mikko Salovaara was leaving after just two months on the job for “personal reasons”.