Affirm Holdings, Inc. (NASDAQ:AFRM) Barclays 14th Annual Emerging Payments and FinTech Forum May 15, 2024 2:25 PM ET Company Participants Brooke Major-Reid – Chief Capital OfficerRobert O’Hare – SVP, Finance Conference Call Participants Ramsey El-Assal – Barclays Ramsey El-Assal All right. Our next fireside chat of the day is with the Brooke Major-Reid, Chief Capital…
Daniel Grizelj Since posting strong Q1 results, Pagaya Technologies Ltd. (NASDAQ:PGY) has climbed nearly 21%. The company showed strong growth in network volume, revenues, and adjusted EBITDA, while also sharing a strong full year guidance. In my opinion, Pagaya could continue witnessing substantial growth due to its expansion in the fast growing POS financing vertical,…
FG Trade Investment Thesis Since we last covered Lesaka Technologies, Inc. (NASDAQ:LSAK), the largest fintech company in South Africa, the company has made significant progress in its turnaround efforts, made another acquisition, upgraded management, and is now ready to accelerate growth. However, the stock price has not yet fully reflected these developments. Outgoing CEO Chris…
UP Fintech Holding Limited (NASDAQ:TIGR) Q4 2023 Earnings Conference Call March 20, 2024 8:00 AM ET Company Participants Tianhua Wu – Chairman, Chief Executive Officer John Zeng – Chief Financial OfficerHuang Lei – Chief Executive Officer, U.S. Tiger SecuritiesKenny Zhao – Financial Controller Aaron Li – Head of Investor Relations Conference Call Participants Cindy Wang…
Eugene Mymrin/Moment via Getty Images Dear Baron FinTech Fund Shareholder: Performance Table I. Performance†Annualized for periods ended December 31, 2023 Baron FinTech Fund Retail Shares[1],[2] Baron FinTech Fund Institutional Shares1,2 FactSet Global FinTech Index1 S&P 500 Index1 Three Months3 13.82% 13.85% 15.54% 11.69% One Year 26.96% 27.31% 23.34% 26.29% Three Years (0.95)% (0.69)% (7.64)%…
dednuel images Thesis Remitly Global Inc (NASDAQ:RELY) is a digital-first fintech company that provides international money transfer services to over 170 countries. The company’s transparent fee structure, speedy transfers, and digital-first approach have enabled it to take market share from long-established industry players. Since 2019, Remitly has grown its revenues more than four-fold and has…
Recent moves at Pleo, including the appointment of a new CFO, have sparked speculation about a potential IPO, driving expectations for a valuation surge beyond the current $4.7 billion mark as of August 2023. European fintech company Pleo has welcomed a new chief financial officer to expand its executive team and bolster its business offerings,…
Sviatlana Zyhmantovich Affirm’s Stock Rollercoaster Affirm’s (NASDAQ:AFRM) stock went on quite the rollercoaster ride lately. It hit an all-time peak back in November 2021, only to tumble to a gut-wrenching 83% soon after. But zoom out and you’ll notice the stock has now rebounded 131% over the past year. So things aren’t totally bleak for…
With the recently secured Series B funding, Fnality is poised to continue its pioneering work in the tokenization of fiat currencies backed by Central Bank cash. Fnality, a fintech firm focused on building tokenized versions of major currencies collateralized by cash held at central banks, has successfully secured $95 million in its Series B funding…
MStudioImages Investment Thesis MercadoLibre (NASDAQ:MELI) is experiencing robust growth and maintaining profitability, offering an attractive investment opportunity. However, there’s a noticeable concern that has kept some investors at bay, primarily the deceleration in its fintech business, which remains evident. That being said, I’d like to make the case that this stock is currently valued at…
ProArtWork/E+ via Getty Images Introduction Adyen (OTCPK:ADYEY) has been on my watchlist for a couple of years now, but I’ve never really looked into the company for one reason and one reason only: overvaluation. The stock has always traded at a large premium which is why I avoided it entirely. However, due to recent events,…
Stellar Development Foundation said that the investment in MoneyGram in growing its digital business, researching blockchain technology, and contributing in other ways. On Tuesday, August 15, cross-border payments platform Stellar announced its decision of investing in the global money-transfer company MoneyGram International. By using money from its own treasury for investment, the Stellar Foundation becomes…
In the midst of this strategic partnership, MTN has delivered impressive financial results for the first half of the year. MTN Group Ltd (JSE: MTN), Africa’s largest wireless carrier, has announced that Mastercard Inc (NYSE: MA) is planning to purchase a minority stake in its financial technology business. This investment deal values the fintech arm…