Tagged: financial results

May 20, 2025 @ 9:14 am By Omar Faridi  |  

Klarna, the AI-powered global payments and commerce network, announced its Q1 2025 results, unveiling consumer milestones, surging market traction, and exceptional returns from its AI strategy. Klarna is a Fintech that is widely expected to list its shares in an initial public offering (IPO) later… Read More

May 10, 2025 @ 3:16 am By Omar Faridi  |  

Payoneer Global Inc. (NASDAQ: PAYO), a Fintech specializing in cross-border payments, has suspended its full-year 2025 earnings guidance amid significant global trade uncertainties, according to a recent report by Fortune. The New York based fintech company, which was valued at $3.3 billion when it went… Read More

May 4, 2025 @ 8:54 pm By Omar Faridi  |  

Global Fintech Adyen (ADYEN:AMS) has recently announced an expanded partnership with Vietnam Airlines and the release of its Q1 2025 business update. Recently, Adyen revealed an enhanced collaboration with Vietnam Airlines, Vietnam’s flag carrier and a member of the Skyteam Alliance. This partnership, which began… Read More

May 3, 2025 @ 3:09 pm By Omar Faridi  |  

Robinhood Markets, Inc. (NASDAQ: HOOD) announced financial results for the first quarter of 2025, which ended March 31, 2025. Vlad Tenev, Chair and CEO of Robinhood said: “This quarter, we significantly accelerated product innovation across our key initiatives, highlighted by the announcement of Robinhood Strategies,… Read More

May 3, 2025 @ 8:13 am By Omar Faridi  |  

Block, Inc. (NYSE: XYZ), the fintech behind Square, Cash App, and Afterpay, released its first-quarter 2025 financial results on May 1, 2025, revealing a mixed performance shaped by macroeconomic challenges. While Block achieved notable profitability milestones, weaker-than-expected revenue and cautious guidance sparked investor concerns, leading… Read More

May 2, 2025 @ 10:03 am By Omar Faridi  |  

Pacaso, the tech-enabled real estate / property marketplace for co-owned luxury vacation homes, released its full-year 2024 financial results, “marking strong year-over-year growth in key performance metrics.” Real estate marketplace Pacaso has reportedly posted $164.5M in 2024 transactions, while also “growing adjusted gross profit by… Read More

April 26, 2025 @ 7:09 am By Omar Faridi  |  

In 2024, Digital bank Revolut cemented its position as a key player in the global neobanking sector, reporting $1.4 billion in pre-tax profit—a 149% surge year-over-year—and revenues of $4 billion, up 72% from 2023. Revolut’s annual report, released on April 24, 2025, highlights steady growth… Read More

April 13, 2025 @ 8:11 pm By Omar Faridi  |  

Trumid, a financial technology company and fixed income electronic trading platform, announced trade volume and user participation highlights for March and Q1 2025. Mike Sobel, Co-CEO and President of Trumid said: “This was our strongest month and quarter yet – a testament to our clients’… Read More

March 13, 2025 @ 10:52 pm By Omar Faridi  |  

SIX reported that it has now delivered solid growth across all four business units in 2024, underscoring the strength of its diversified business model. The Group reportedly achieved total operating income of “CHF 1.6 billion in 2024, representing year-on-year growth of 4.6% at constant exchange… Read More

March 13, 2025 @ 10:51 pm By Omar Faridi  |  

OakNorth – the digital bank for entrepreneurs, released its latest Annual Report, revealing pre-tax profits of £214.8m (appr. $271.6m) in 2024 (FY23 £187.3m / $236.8m). OakNorth provided over £2.1bn ($2.6bn) of gross “new lending in 2024, continuing its track-record of supporting ambitious and innovative businesses… Read More

March 11, 2025 @ 11:05 pm By Omar Faridi  |  

Global Fintech Adyen (AMS: ADYEN), released its 2024 Annual Report, providing a detailed look at its business performance, overall strategic direction, and key achievements during the past financial year. The report underscores Adyen’s continued growth and its role as a key player in the international… Read More

March 3, 2025 @ 9:45 am By Omar Faridi  |  

The London Stock Exchange Group (LSEG) has share preliminary results for the year ended 31 December 2024. LSEG is reporting strong growth, “accelerating product innovation, significant margin improvement, equity free cash flow £2.2 billion; positive outlook for 2025.” David Schwimmer, CEO at LEG said: “We… Read More

February 28, 2025 @ 9:10 am By Omar Faridi  |  

Kin, the direct-to-consumer home insurance company built for every new normal, announced operating results through the fourth quarter ended December 31, 2024. Kin reports that it concluded 2024 with “$495.3 million in gross written premium and $156.1 million in total revenue.” Kin’s operating income for… Read More

February 26, 2025 @ 10:34 pm By Omar Faridi  |  

Lemonade, Inc. (NYSE: LMND), the tech-driven insurance company, recently shared its financial results for the fourth quarter and full year of 2024, offering an overview of its performance as well as future business outlook. Lemonade‘s latest financial results indicate a mix of robust business growth,… Read More

February 16, 2025 @ 6:26 pm By Omar Faridi  |  

Global Fintech firm Adyen (AMS: ADYEN) announced financial results for the half year ending December 31, 2024. The firm’s shares rose around 15% on Thursday after the payments Fintech had reported full-year core earnings that are above market expectations, and forecast greater net revenue growth… Read More

August 10, 2024 @ 11:02 am By Omar Faridi  |  

Payoneer (NASDAQ: PAYO) recently Reported its second quarter 2024 financial results and also raised 2024 guidance. Payoneer is reporting 22% volume growth accelerates “for a sixth consecutive quarter, reflecting consistent execution.” Payoneer also reported 40% B2B volume growth “driving continued SMB take rate expansion.” The… Read More

July 31, 2024 @ 10:45 am By Omar Faridi  |  

SoFi Technologies (NASDAQ: SOFI) is reporting net revenue of $599 million and net income of $17 million for Q2 2024, marking the third consecutive quarter of GAAP profitability. Despite these fairly solid results, SoFi’s share price has barely budged in the past day. The Fintech… Read More

July 23, 2023 @ 5:40 pm By Omar Faridi  |  

Equifax (NYSE: EFX) recently announced financial results for the quarter ended June 30, 2023. Second quarter 2023 revenue of $1.318 billion “was flat and up 1% in constant currency against a mortgage market estimated to be down 37%.” Other key details shared by Equifax include:… Read More

July 19, 2023 @ 7:51 am By Omar Faridi  |  

LendInvest plc (AIM: LINV); which claims to be the UK’s leading platform for mortgages, is pleased to announce its audited results “for the year ended 31 March 2023.” Rod Lockhart, Chief Executive of LendInvest, commented: “I am pleased with the progress we have made over… Read More

July 19, 2023 @ 7:33 am By Omar Faridi  |  

Global Fintech Wise plc (LSE:WISE) has shared its latest Q1 FY24 trading update, noting that the firm is now off to a good start to the year “with continued strong customer growth.” As noted in a release, Wise reports the following key results: 33% YoY… Read More