article thumbnail

Airwallex Reports Strong Growth in Transaction Volume, Revenue for 2024

Fintech News

The companys annualised transaction volume rose from US$100 billion in August to US$130 billion just three months later, following its ARR surpassing US$500 million. This marks a 73% year-over-year increase in transaction volume. Airwallex, a global financial platform, reported significant growth in 2024.

Volume 80
article thumbnail

Ecommpay Grows Processing Volume by 25% in 2024

Fintech Finance

Underpinned by its clear focus on financial inclusivity, Ecommpay has grown transaction volume by 19% and processing volume by a remarkable 25% year-on-year. The post Ecommpay Grows Processing Volume by 25% in 2024 appeared first on FF News | Fintech Finance.

Volume 59
article thumbnail

Alternative Payment Adoption Continues to Rise Across Emerging Markets, Reveals EBANX

The Fintech Times

Unsurprisingly, in these two countries, debit cards account for a larger share of online transaction volume than credit cards, at 49 per cent compared to 27 per cent in Peru and 38 per cent versus 31 per cent in Mexico. Peru exemplifies this pattern, where EBANX found that 60 per cent of first-time online shoppers use debit cards.

article thumbnail

Stripe’s growth continues to impress as total payment volume tops $1T

TechCrunch Fintech

The company says it was cash flow positive in 2023, and plans to be again in 2024. billion in venture capital it likely means it has little to no need to raise more before it goes public. © 2024 TechCrunch. All rights reserved. For personal use only.

Volume 130
article thumbnail

Stripe’s Total Payment Volume Reaches $1.4t as Long-Standing Investments in AI Pay Off

Fintech Finance

trillion in total payment volume in 2024, up 38% from the prior year, and equivalent to around 1.3% Were continually retraining dozens of machine learning models that optimize every part of the transaction flow over an economy-scale dataset. The post Stripes Total Payment Volume Reaches $1.4t of global GDP.

Volume 52
article thumbnail

Nexi Leads the Growth of Mobile Payments in Italy: The European PayTech Recorded a 61% Rise in Spending Volumes in 2024

Fintech Finance

In 2024, Nexi led the growth of mobile payments in Italy, recording a 61% increase in spending volumes from smartphones and smartwatches. This is demonstrated by the increase in the volume of transactions through such solutions: the Polytechnic University of Milan reports that this reached a value of 44.7

Volume 59
article thumbnail

UK Finance Finds Fall in Public Capital Markets, as Private Markets Continues Rapid Growth

The Fintech Times

The sustained growth of venture capital and private equity has also contributed to the continued growth of UK capital pools, with these capital sources accounting for 15 per cent of newly issued capital in 2024, compared with five per cent in 2013. Now is the time to use them.