Affirm's earnings were fantastic. This continued the trend of publicly traded fintech companies breaking records for revenue and profitability.
Latin America's leading e-commerce Mercado Libre reported 49 million fintech customers in the quarter, up 40% year over year.
MoneyLion reported Q4 2023 earnings that exceeded expectations and showed significant improvement across the business.
Upstart reported slipping revenues and forecasts that fell short of analysts' expectations. Girouard remains positive about their position.
PayPal embarked on its Q2 2023 earnings call yesterday. Schulman highlighted, proprietary AI integration could drive future growth.
MoneyLion reported earnings for Q1 2024 and the company showed record numbers across revenue, EBITDA and net income.
SoFi is the first publicly traded fintech to report earnings and it was a strong report with revenue, profit and member growth.
Affirm showed confidence in their quarterly earnings call, saying they were "on track" to reach profitability next year.
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In Block's Q2 2023 earnings call it showed a positive trajectory despite the economic climate. Afterpay and Bitcoin hardware form next steps.
Mercado Libre booked $262 million in profits, up 113% year over year amid strong e-commerce tailwinds and a growing fintech business.