Uruguay-based payments processor dLocal continued to post growth in 2024, driven partly by a surge in cross-border volumes for Q4.
Intermex’s revenue stayed flat at $658.6m in FY 2024, with a slowdown in Latin America leading to a -0.8% decline in annual principal sent to $24.4bn.
We speak to Remitly’s CEO about the company going from strength to strength in 2024, beating its forecasts and surpassing $1bn in revenue for the first time.
Visa’s recent investor day saw it give a substantial update on Visa Direct, including that the platform saw nearly 10 billion transactions in 2024.
Payments processor Flywire saw revenue rise 17% to $118m in Q4 2024, driving full-year growth of 22% to $492m, behind expectations for the year.
Euronet’s money transfer division saw solid growth in FY 24, but the company also talked more about the potential of real-time payments platform Dandelion.
Adyen continued to see a recovery in its share price after a strong H2 24, with the company processing more than €1tn of volume for the first time in 2024.
X, formerly Twitter, recently announced plans to launch a P2P payments service later this year. However, there are a number of challenges the app will face.
In their latest earnings (calendar Q4 24), Visa and Mastercard continued to highlight cross-border volumes and ecommerce as major drivers to growth.