VOL. XCIV, NO. 247

★ WIDE MOAT STOCKS COMPARISON ★

NO ADVICE

Stock Comparison

Visa Inc. vs Wise plc

Compare moat strength, market structure, and segment coverage to understand how each company defends its edge.

Visa Inc.

V · New York Stock Exchange

Market cap (USD)$595.5B
Gross margin (TTM)81.1%
Operating margin (TTM)59.2%
Net margin (TTM)50.2%
SectorFinancials
IndustryFinancial - Credit Services
CountryUS
Data as of2026-04-24
Moat score
99/ 100

Weighted average of segment moat scores, combining moat strength, durability, confidence, market structure, pricing power, and market share.

Full stock profile

Dive deeper into Visa Inc.'s moat claims, evidence, and risks.

View V analysis

Wise plc

WISE · London Stock Exchange

Market cap (USD)$14.1B
Gross margin (TTM)56%
Operating margin (TTM)32.2%
Net margin (TTM)23.5%
SectorFinancials
IndustryInformation Technology Services
CountryGB
Data as of2026-04-24
Moat score
57/ 100

Weighted average of segment moat scores, combining moat strength, durability, confidence, market structure, pricing power, and market share.

Full stock profile

Dive deeper into Wise plc's moat claims, evidence, and risks.

View WISE analysis

Comparison highlights

  • Moat score gap: Visa Inc. leads (99 / 100 vs 57 / 100 for Wise plc).
  • Segment focus: Visa Inc. has 1 segment (100% in Payment Services); Wise plc has 2 segments (74.7% in Personal international account and cross-border transfers).
  • Primary market structure: Oligopoly vs Competitive. Pricing power: Strong vs Weak.
  • Moat breadth: Visa Inc. has 6 moat types across 3 domains; Wise plc has 6 across 5.

Primary market context

Visa Inc.

Payment Services

Market

Global general-purpose card payment networks and digital payment processing

Geography

Global, with fiscal 2025 net revenue approximately 39% U.S. and 61% international

Customer

Issuers, acquirers, merchants, fintechs, businesses, governments and consumers

Role

Four-party payment network, authorization, clearing, settlement, tokenization, risk, data and value-added services provider

Revenue share

100%

Wise plc

Personal international account and cross-border transfers

Market

Personal cross-border money movement, international account, card and multi-currency balance services

Geography

Global, across more than 160 countries and 40 currencies

Customer

Consumers, expatriates, travellers, migrants, freelancers and internationally active individuals

Role

Digital cross-border transfer, account, card, FX conversion and balance-management provider

Revenue share

74.7%

Side-by-side metrics

Visa Inc.
Wise plc
Ticker / Exchange
V - New York Stock Exchange
WISE - London Stock Exchange
Market cap (USD)
$595.5B
$14.1B
Gross margin (TTM)
81.1%
56%
Operating margin (TTM)
59.2%
32.2%
Net margin (TTM)
50.2%
23.5%
Sector
Financials
Financials
Industry
Financial - Credit Services
Information Technology Services
HQ country
US
GB
Primary segment
Payment Services
Personal international account and cross-border transfers
Market structure
Oligopoly
Competitive
Market share
38.5% (reported)
4.5%-5.5% (reported)
HHI estimate
n/a
n/a
Pricing power
Strong
Weak
Moat score
99 / 100
57 / 100
Moat domains
Network, Supply, Demand
Supply, Demand, Financial, Network, Legal
Last update
2026-04-24
2026-04-24

Moat coverage

Shared moat types

Scale Economies Unit CostBrand TrustInteroperability Hub

Visa Inc. strengths

Two Sided NetworkClearing SettlementData Network Effects

Wise plc strengths

Float PrepaymentData Workflow LockinCompliance Advantage

Segment mix

Visa Inc. segments

Full profile >

Payment Services

Oligopoly

100%

Wise plc segments

Full profile >

Personal international account and cross-border transfers

Competitive

74.7%

Wise Business and Wise Platform

Competitive

25.3%

Want the full wide moat stocks list?

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Looking for expansion-stage stocks?

Proven models entering the expansion stage with unit economics that work.

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Curation & Accuracy

This directory blends AI‑assisted discovery with human curation. Entries are reviewed, edited, and organized with the goal of expanding coverage and sharpening quality over time. Your feedback helps steer improvements (because no single human can capture everything all at once).

Details change. Pricing, features, and availability may be incomplete or out of date. Treat listings as a starting point and verify on the provider’s site before making decisions. If you spot an error or a gap, send a quick note and I’ll adjust.