Adyen shares tank following underwhelming H1 2023 results
Shares in Adyen have plummeted to a three-year low due to disappointing H1 2023 earnings, attributed to slower growth, increased competition, and hiring challenges.
Facts...
Paytech Matera acquires Brazilian AI firm Cinnecta for undisclosed sum
Matera, a US, and Brazil-based Playtech, has acquired Cinnecta, a Brazilian AI firm, to bring artificial intelligence to instant payments.
FactsMatera, headquartered in Belo...
DLocal appoints Pedro Arnt as co-CEO while rumours of the firm’s potential sale continue
DLocal, a payments firm in emerging markets, names Pedro Arnt as co-CEO amid rumors of a possible sale.
FactsDLocal appoints Pedro Arnt as co-CEO...
Mastercard Strive India launches to help small businesses go digital
Mastercard has introduced the Mastercard Strive India program, targeting the digital transformation of 500,000 Indian small businesses by 2025, focusing on micro-enterprises, women-led businesses,...
Singapore’s MVGX launches carbon SaaS subsidiary, appoints ex-BSI exec to take the lead
Singapore-based fintech MVGX launches a subsidiary, MVGX Tech, specializing in carbon Software-as-a-Service (SaaS) products and services, led by former BSI executive Frank Zhang. The...
Luxhub appoints Geoffroy Gailly as new COO to drive open finance in Europe
Luxhub, the Luxembourg-based open banking API platform, has appointed Geoffroy Gailly, an experienced figure in Luxembourg's financial services sector, as its new COO. Gailly...

