Digital money transfers saw strong growth for Euronet in Q3 2024, where the company reported transaction growth four times faster than the market.

In its latest earnings, major US bank Citi saw its cross-border transaction value grow by 8% in Q3 2024 and discussed its latest tie-up with Mastercard Move.

As the next earnings season approaches, we take a look at what to expect from money transfers companies’ earnings for Q3 2024.

Stripe has reported its FY 2023 results for its EMEA and APAC business, including a significant increase in losses. What has contributed?

Alongside record revenues, Moneycorp noted a 600% rise in interest incomes to £15m in its FY 2023 annual results, 7% of the company’s total revenues.

CAB Payments saw incomes decline in H1 2024 on the back of major headwinds in some of its core markets.

Earlier this month, Airwallex announced that it had passed $100bn in annualised transaction volume for the first time in a rare release of financial data.

Multicurrency accounts are helping to drive ever-greater customer balances, but how much is it driving interest income growth?

Several cross-border payments companies have recently surpassed $1bn in revenue. We compare these to highlight current industry trends.