UK's Wise lifts annual total income growth outlook on rising interest rates

(Reuters) - Money-transfer firm Wise Plc on Tuesday raised its annual total income growth outlook, saying the UK central bank's rate hikes were helping boost its revenues.

Wise said it now expects 2023 total income to be 68-72% higher, compared with the previous forecast of a 55-60% growth.

(Reporting by Aby Jose Koilparambil in Bengaluru; Editing by Nivedita Bhattacharjee)