Money transfer company Wise on Thursday said it planned to move its primary listing to the U.S. from London, the latest British company to quit the London stock market in search of a bigger valuation elsewhere.

Wise Plc is planning to list its shares in the US, the latest blow to London’s stock market. While the fintech will maintain a secondary listing on the London Stock Exchange, the US will be its primary listing venue,

Wise's listing shift underscores years of pain. "U.K. stock market continues to take a succession of blows to the head," one expert said.