Tagged: financial results

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

May 8, 2023 @ 10:55 pm By Omar Faridi  |  

Remitly Global, Inc. (NASDAQ: RELY), a digital financial services provider for immigrants and their families in over 170 countries around the world, reported results for the first quarter ended March 31, 2023. Matt Oppenheimer, co-founder and Chief Executive Officer, Remitly, said: “We are pleased to… Read More

May 7, 2023 @ 10:25 am By Omar Faridi  |  

FLEETCOR Technologies, Inc. (NYSE: FLT), a global business payments company,  reported financial results “for its first quarter ended March 31, 2023.” Ron Clarke, chairman and chief executive officer, FLEETCOR Technologies, Inc., said: “We reported a very good first quarter, with fundamental trends driving reported and… Read More

May 6, 2023 @ 9:17 am By Omar Faridi  |  

Coinbase (NASDAQ:COIN) notes that it’s time to update the system. They also pointed out that the majority of financial systems were built over 100 years ago. According to the firm, the rules are “outdated, the technology has been slow to catch up, and all over… Read More

May 4, 2023 @ 10:33 am By Omar Faridi  |  

Lemonade, Inc. (NYSE: LMND) has released its first quarter 2023 financial results. The Q1 2023 financial results were shared by Lemonade in the Letter to Shareholders and can be accessed via the company’s investor relations section. As covered, Lemonade reportedly “offers renters, homeowners, car, pet,… Read More

May 4, 2023 @ 8:22 am By Omar Faridi  |  

Allica Bank claims it is one of the “fastest” UK Fintechs to hit profitability – “becoming monthly profitable in June 2022, less than three years after securing a banking license – and achieving a £3m pre-tax profit in the second half of the year.” Allica… Read More

April 30, 2023 @ 8:59 am By Omar Faridi  |  

LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, America’s digital marketplace bank, recently announced financial results for the first quarter ended March 31, 2023. Scott Sanborn, LendingClub CEO, said: “We delivered a solid quarter driven by our strategic advantages, including over 15 years… Read More

March 29, 2023 @ 8:35 am By Omar Faridi  |  

Inpay’s Annual Report for 2022, released at the company’s AGM in Copenhagen, Denmark, announced solid results “for the international payments firm and outlined plans for significant future growth within their UK office (London) and internationally across Asia, the Middle East and Europe.” As noted in… Read More