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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.

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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.

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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.

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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.

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Payment Processing USA: 2024 Market Overview

Clearly Payments

payment processing landscape, covering market size, merchant demographics, transaction volumes, major players, and key trends shaping the industry. payment processing market remains a major player in the global economy, with transaction volumes that highlight the sector’s vast scale and continued expansion. trillion 2019 $4.0

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What’s Fueling Southeast Asia Fintech Golden Age?

Fintech News

The regions strong fundamentals, coupled with a growing digital economy, promise continued growth and innovation in the coming years, a new report by Royal Park Partners (RPP), a fintech-focused corporate finance advisory firm, says.

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Ant International Deepens Payment and Digitalisation Ecosystem with AI-Driven Embedded Finance Solutions in Year of Transformation

Fintech Finance

It is committed to driving inclusive growth through open collaboration and continuous innovation. Total payment volume (TPV) of Antoms direct acquiring services nearly doubled between January and November 2024 over same period of 2023. Antom continues to strengthen its payment processing capabilities across all payment channels.