Paysafe FY 22 growth slows amidst FX headwinds, war impacts
March 21st, 2023
Paysafe’s revenue growth slowed in 2022, but was still slightly above the company’s guidance for the year
Remittance players rise on digital gains in Q4 2022
March 20th, 2023
In a mixed quarter for key remittance companies, digital player Remitly and retail-focused Intermex recorded a solid rise in revenues
How Silicon Valley Bank’s collapse is impacting payments
March 17th, 2023
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 beats revenue estimates in Q4 22
March 6th, 2023
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.
Worldline acquisitions drive merchant growth in 2022
February 28th, 2023
French payment processor Worldline has beaten its revenue expectations for the year, having reported 10.7% revenue growth to €4.36bn in 2022.
Coinbase revenues fall amidst crypto decline in 2022
February 27th, 2023
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 spins off Worldpay amid weak guidance
February 22nd, 2023
FIS announced it was spinning off its Merchant Solutions business Worldpay amid relatively soft results
Global Payments shifts focus to corporate clients with latest sale
February 21st, 2023
Payment processor Global Payments saw muted growth in 2022 compared to previous years
PayPal withholds FY 23 guidance amidst Q4 22 economic challenges
February 20th, 2023
PayPal’s revenues rose 7% to $7.4bn in Q4 2022 – the lowest quarterly growth the payments giant has seen for a fourth quarter in years
PagoNxt moves closer to profitability in FY 22
February 15th, 2023
Santander's FY report for 2022 included an update on PagoNxt; the platform is still making a pre-tax loss, but is closing the gap and increasing revenues.
Euronet FY 22 satisfies investors, but Ria, XE see muted results
February 14th, 2023
Euronet has published its FY 22 results, reporting a 12% increase in revenue to $3.3bn while its operating income climbed 109% to $385.4m.
Western Union feels impact of Russia suspension in Q4 22
February 13th, 2023
Western Union’s Q4 revenues declined 15% YoY to $1.1bn in 2022 (or 6% on a constant currency basis).
Adyen FY 22 misses estimates amid hiring focus
February 10th, 2023
In its H2 and FY 22 results, Adyen reported a 49% YoY increase in processed volume to €768bn, while net revenue increased 33% YoY to €1.3bn.
Corpay helps Fleetcor continue growth in FY 22
February 9th, 2023
Global business payments player Fleetcor beat expectations in its FY 22 results, with overall year-on-year revenue growth of 21% to $3.4bn.
Fiserv grows revenues, acquisitions in FY 2022
February 7th, 2023
Payments processor Fiserv saw GAAP revenues grow 9% to $4.63bn in Q4 2022, bringing its total for FY 2022 to $17.7bn (up 9% YoY).
Visa, Mastercard see growth slowdown on cross-border volume
February 3rd, 2023
Visa and Mastercard have announced their latest earnings – Q4 2022 for Mastercard and Q1 2023 for Visa. Both companies have noted revenues rising.