FLEETCOR’s Post

I am excited to share our latest M&A in Payments report! In this report we look at how some payments players are selectively pursuing deals to expand reach or capabilities while others wait for the math to improve. Erin McCune; Suzanne Kumar; Glen Williams; Mariagiovanna Di Feo; Rakesh Pozhath; Antonio Cerqueiro #mergersandacquisitions

Shares of fintech Wise tumbled more than 23% Thursday even after the money transfer service reported a surge in profit for its fiscal year 2024, with shareholders left disappointed over a weaker-than-expected outlook for the next upcoming year. Part of Wise’s strategy is to work to reduce prices “sustainably over time” for its customers, according to its earnings results, and the impact of such reductions is reflected in its forecast, interim CFO Kingsley Kemish said. #fintech #CFO #prices https://lnkd.in/g48xZVzn

While many #fintech companies wait for the math to improve, others are finding deals to expand reach or unlock value. Our 2024 Global M&A Report explores the latest deal activity across the #payments industry and what it means for the year ahead. https://atbain.co/3uCuzEc 💳

BNPL Regulation Grabs Headlines as FinTech IPO Index Loses 2.7% - PYMNTS.com: BNPL firms slipped amid news of increased oversight from theCFPB, while earnings results from XP led the FinTech IPO Index lower by 2.7%.

CAB Payments shares plunge after revenue downgrade. 📉 The business-to-business payments firm reduced its 2023 revenue forecast by 17% from previously issued guidance. This sent its shares sliding by over 70% on Tuesday, with trading being halted. The company, which provides infrastructure for cross-border money transfers and foreign exchange, cited volatility in African currencies as the drag on margins and trading volume. #payments #revenue #b2b #fintech #moneytransfer #UKtech

To the likely surprise of providers of buy now, pay later (BNPL) financing, the #CFPB recently issued an interpretative rule stating that BNPL products are actually "credit cards" under the Truth in Lending Act and BNPL providers are "card issuers" and therefore "creditors" under, and subject to, Regulation Z. Scott Pearson, Bryan Schneider and Eric Knight explain the significance here:

To the likely surprise of providers of buy now, pay later (BNPL) financing, the #CFPB recently issued an interpretative rule stating that BNPL products are actually "credit cards" under the Truth in Lending Act and BNPL providers are "card issuers" and therefore "creditors" under, and subject to, Regulation Z. Scott Pearson, Bryan Schneider and Eric Knight explain the significance here:

It's not often I find a business growing 8x faster and selling for 4x cheaper than the average US business AND has a product transforming a multi-trillion dollar market. I wrote up CAB Payments in more detail on Seeking Alpha here: $CABPF, $CABP

As the BNPL market tries to recover, Splitit has made partnership deals and has plans to go private. Here is what's behind the strategy. 

Unlocking the Future of BNPL: Learn from Industry Leaders and Innovators. Discover how top BNPL providers are thriving in the changing landscape. Dive into OpenWay's case study to explore the latest trends and technology solutions driving success in the world of Buy Now, Pay Later. Download now: https://bit.ly/3rwTAPT #BNPL #Fintech #PaymentSolutions #lending #finance