The past couple of years have been an uphill battle for fintech stocks. Despite strong underlying business performance, most names in the space have lagged the broader market’s recovery. However, the tide may soon be turning in favor of these beaten-down disruptors. Monetary policy looks destined to shift in short order. And when it does, wise investors will start to build positions in fintech stocks.Indeed, I believe now presents an opportune time to buy into quality fintech companies. The next round of ra ...

Nasdaq stocks tend to be more tech oriented. They also tend to be more expensive. The well-known index includes most of the biggest companies today — All of the so-called Magnificent 7 stocks are listed on the index. Those shares, and many others, listed on the index all trade for more than $20. Today we will look at Nasdaq stocks under $20. The companies discussed below offer a potent combination of factors that should interest investors. The majority of those shares are priced between $10 to $20, suggesti ...

Cross-border payment platform dLocal is partnering with payroll and payments platform Papaya Global to drive global workforce payments.Through the partnership, the companies aim to enable global firms to pay employees worldwide in local currencies in a timely fashion, according to a Tuesday (April 9) news release.The partnership is currently live in Latin America, including Chile, Colombia and Mexico; in Asia, including Indonesia and Vietnam; and in Africa, with plans to expand to additional territories, pe ...

Growth stocks rocketed in the first quarter as markets priced in Federal Reserve rate cuts. Indeed, based on history, the best growth stocks to buy in April will benefit if the Fed cuts rates.According to Schroders, stocks have had an average return of 11% since 1928, twelve months after the Fed began rate cuts. And, if we are just in the early innings of a bull market, growth stocks could have several years of appreciation.Further, the bull case is even stronger based on economic data. First, the unemploym ...

Investors looking for stocks in the Financial Transaction Services sector might want to consider either PagSeguro Digital Ltd. (PAGS) or DLocal (DLO) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look.There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The proven Zacks Rank ...

LONDON, March 21, 2024 (GLOBE NEWSWIRE) -- dLocal, the leading cross-border payment platform specializing in high-growth markets, is proud to announce its strategic partnership with Ebury, a leading global fintech company. The collaboration aims to transform payment solutions, rapidly unlocking opportunities across Africa's largest markets. By leveraging dLocal's payment solution, Ebury can seamlessly manage both pay-ins and payouts while optimizing costs and delivery times and providing world-class support ...

Shares of dLocal (DLO -17.49%) plunged 17.5% on Tuesday after the Uruguay-based fintech announced weaker-than-expected quarterly results.DLocal's "extraordinary" results just weren't enoughFourth-quarter 2023 revenue grew 59% year over year to $188 million, translating to adjusted (non-IFRS) net income of $40.6 million, or $0.14 per share. Analysts on average were modeling slightly higher adjusted net income of $0.15 per share, but lower revenue of $173.2 million.Within dLocal's results, fourth-quarter tota ...

Total Payment Volume Revenue Gross Profit Adjusted EBITDA1 +67% YoY $17.7B $650M +55% YoY $277M FY23 $202M +55% YoY | +11% QoQ $5.1B $188M +59% YoY | +15% QoQ $70M 4Q23 $49M +71% CAGR +63% CAGR +46% +37% YoY +32% YoY CAGR +43% +27% YoY | -6% QoQ +22% YoY | -11% QoQ Adjusted EBITDA1 CAGR Note: 1 dLocal has only one operating segment. Although Adjusted EBITDA may be commonly viewed a non-IFRS measure in other contexts, pursuant to IFRS 8, Adjusted EBITDA is treated by dLocal as an IFRS measure based on the ma ...

DLocal Limited (NASDAQ:DLO) Q4 2023 Earnings Conference Call March 19, 2024 8:30 AM ET Pedro Arnt - Co-Chief Executive Officer Sebastian Kanovich - Co-Chief Executive Officer Sergio Fogel - Co-President and Chief Strategy Officer Diego Cabrera Canay - Chief Financial Officer Maria Oldham - Senior Vice President, Corporate Development, Investor Relations and Strategic Finance Soledad Nager - Head, Investors Relations Tito Labarta - Goldman Sachs Melissa Chen - Bank of America Neha Agarwala - HSBC Jamie Fried ...

In this video, I will go over DLocal's (DLO 2.13%) fourth-quarter earnings report and explain why I remain bullish despite a short-term hit on the stock.*Stock prices used were from the trading day of March 18, 2024. The video was published on March 18, 2024. ...