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.
Western Union’s Q4 24 revenue rose 1% to $1.1bn, with a major driver being the company’s recently launched media network business in the US.
We consider how recently released figures for FedNow stack up against the US’s privately owned, incumbent RTP system.
Looking back at FXC’s market sizing data and recent developments, we assess the unique challenges faced by SMBs, as well as they are currently served.
Growing customer account balances have contributed to a continued shift in Wise’s revenue mix in Q4 24, during which underlying revenue grew 13%.