This week, I was at the inaugural in-person Fintech Meetup conference in Las Vegas, chairing a panel on how fintech is disrupting global B2B payments.
Ecommerce provider Ebix’s stock price fell after it released its FY 2022 results, which showed revenues declined 4% in Q4, but rose 6% across 2022
Paysafe’s revenue growth slowed in 2022, but was still slightly above the company’s guidance for the year
In a mixed quarter for key remittance companies, digital player Remitly and retail-focused Intermex recorded a solid rise in revenues
The collapse of Signature Bank and Silicon Valley Bank still has potential impacts to the payments industry ahead as both were heavily involved in the sector.
Block’s stock price rose after its revenues grew 14% to $4.65bn in Q4 2022, beating analyst expectations on the back of resilient consumer spending.
French payment processor Worldline has beaten its revenue expectations for the year, having reported 10.7% revenue growth to €4.36bn in 2022.
Despite a 5% quarterly increase in net revenues, to $605m in Q4, Coinbase has had a difficult 2022 overall, with FY revenues declining by 57% to $3.1bn.
FIS announced it was spinning off its Merchant Solutions business Worldpay amid relatively soft results