Corporate payments provider Equals continued its growth run in FY 22, with revenues rising 58% to £69.7m
Alpha Group (previously Alpha FX) saw revenues rise 27% to £98.3m in FY 2022, driven primarily by 22% growth in its FX risk management segment
In a more broadly muted market, what is driving valuations for payments companies in this more cautious time?
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.