Wise founders clash over US listing proposal. Hinrikus warns of power concentration among insiders. Shareholders to vote on extending super-voting shares. Hinrikus calls combining issues in one vote unfair. Käärmann defends structure for long-term sustainability. Wise’s move to US adds to London Stock Market exodus.

Criticism of dual-class share structure at companies like Meta and Tesla. London Stock Market faces challenges as 88 companies switch to the US. Wise board, including Silicon Valley investors, supports US relisting. Share price dropped post-IPO but has since recovered. Shareholder vote on Friday, Wise shares down 2% on Monday.

Read more at Yahoo Finance: Fintech champion’s founders split over plan to abandon Britain for US