Yuan takes Chinese cross-border lead
June 2nd, 2023
China has reported that the volume of outbound cross-border payments made in yuan outstripped those made in US dollars in April.
dLocal grows across emerging markets in Q1 23
May 26th, 2023
Uruguay-based payment processor dLocal had a solid Q1, with revenues rising 57% to $137.3m and adjusted EBITDA up 38% to $45.5m.
Key takeaways from the 2023 Remittances Africa Conference
May 25th, 2023
The 2023 Remittances Africa Conference took place last week, with industry players and government officials discussing the African diaspora and remittances.
Remittance companies see growth rates increase in Q1 23
May 22nd, 2023
Market expansion and digital growth led to higher revenue rises for remittance companies in Q1 23.
Ecommerce drives solid Paysafe performance in Q1 23
May 19th, 2023
Paysafe has reported its Q1 23 results, with its strongest quarter since it went public seeing it deliver 5% YoY revenue growth to $388m.
US-based Flywire’s share price rose last week after it announced that revenues had risen by 46.1% to $94.4m in Q1.
Cash App helps Block beat expectations in Q1 23
May 15th, 2023
Block has published its Q1 2023 results, beating expectations with a 26% YoY increase in revenue to $5bn, while gross profit increased 32% to $1.7bn.
PayPal’s net revenue rose 9% to $7.0bn (10% excluding the impact of FX) in Q1 2023, driven by a 10% rise in total payments volume to $354.5bn.
Top 100: How have the leading cross-border payments companies changed over the years?
May 11th, 2023
After our first analysis piece on our 2023 Cross-Border Payments Top 100 last week, this piece looks back over the versions of our map for the last five years.
Ebix revenues decline in Q1 23 but IPO could reduce debt
May 10th, 2023
Ecommerce provider Ebix saw revenues decline by 15% YoY to $242.7m, driven primarily by cross-border payments arm EbixCash.
Euronet grows on travel surge in Q1 23
May 10th, 2023
Euronet’s Q1 2023 results see the company report solid revenue growth of 10% YoY, with the company’s Money Transfer segment increasing 6% YoY
MoneyGram quietly reported what may be its final full earnings as a public company, seeing a 3.6% YoY increase in its money transfer revenue in Q1 2023
Western Union’s Q1 23 results saw it report the fifth quarter in a row with a year-on-year drop in both total and consumer-to-consumer (C2C) revenue
Coinbase’s share price rose after it beat analyst expectations in Q1, with revenues rising 22% QoQ to $736m.
Visa and Mastercard have released their latest earnings – Q2 2023 for Visa and Q1 2023 for Mastercard
Intermex grows with La Nacional acquisition in Q1 23
May 4th, 2023
LatAm-focused remittances player Intermex is reaping the benefits of its recent acquisition of rival La Nacional, with revenues rising 26.8%.