Core Insights - Endava and Paysafe have formed a multi-year strategic partnership aimed at accelerating the market introduction of smarter payment solutions and enhanced community engagement [1] Company Summaries - Endava is a technology-driven business transformation group focused on delivering innovative solutions [1] - Paysafe is a leading payments platform that specializes in facilitating seamless and secure transactions for businesses and consumers globally, offering services such as digital wallets, prepaid solutions, and online payment processing [1]

Forward -looking statements and non -GAAP financial measures Third Quarter 2025 Earnings November 13, 2025 Forward - Looking Statements This presentation and today's webcast include "forward -looking statements" within the meaning of U.S. federal securities laws. T hese forward -looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on by any investor as, a guarantee, an assurance, a prediction or a definitive statement of fac t or probability ...

Core Insights - TQI's Asymmetric Ideas Series has generated an average return of approximately 133% since its launch in April 2023, with 31 picks, including 9 multi-bagger outcomes [1] - Shift4 Payments, Inc. (FOUR) stock increased from the $60s to the $120s by early 2025, attributed to strong business performance [1] - TQI aims to simplify and enhance the investing experience through premium equity research, model portfolios, proprietary software tools, and community engagement [1] Company Overview - TQI was established in July 2022 with a mission to make investing simple, enjoyable, and profitable for all investors [1] - The company publishes premium equity research reports on Seeking Alpha and offers various features tailored to different investor needs [1] Performance Metrics - The Asymmetric Ideas Series has seen significant success, with a notable average return and multiple high-performing picks [1] - Shift4 Payments has demonstrated robust business performance, contributing to its stock price appreciation [1]

Banco Sabadell and Italian payments provider Nexi are exploring an agreement on new terms after their previous deal was put on hold during the takeover bid made by BBVA for its Spanish rival https://t.co/v5BA2Lwfqt ...

Core Insights - Visa has launched its Visa Scan to Pay solution for QR payments, enhancing acceptance across Asia Pacific and providing consumers with greater choice and flexibility in payment methods [1][4][5] Group 1: Expansion of Payment Solutions - Visa Scan to Pay is powered by partnerships with various bank apps and digital wallets, including Samsung Wallet, LINE Pay, and VNPT Money, among others, facilitating a broader acceptance of Visa payments [2][3] - The Visa Pay service connects participating digital wallets to Visa-accepting merchants globally, allowing consumers to pay using their preferred wallets and payment apps [3] Group 2: Consumer Benefits - The rollout of Visa Scan to Pay reinforces Visa's leadership in digital payments, enabling consumers to pay in a manner they are accustomed to, both locally and internationally [5] - Visa's global network ensures secure and reliable transactions, enhancing consumer confidence while shopping [6] Group 3: Merchant Advantages - Merchants can instantly reach millions of international visitors using digital wallets from their home countries, expanding their customer base [6] - The existing QR infrastructure allows merchants to reduce payment processing costs and streamline operations, contributing to business growth [6]

Core Insights - Visa and Mastercard have both launched stablecoin payout solutions, enhancing real-time payment options for users on their global networks [2][7] - The integration of stablecoin wallets aims to provide more choices for end-users and unlock new opportunities for banks and payment service providers [3][6] - Stablecoin payouts are particularly beneficial for businesses operating in the gig economy and digital marketplaces, allowing for faster payments across borders [4][3] Group 1: Company Initiatives - Visa initiated a stablecoin payout pilot, which was quickly followed by Mastercard's announcement of a similar fiat-to-wallet payout solution [1][2] - Mastercard has partnered with fintech startup Thunes to support its stablecoin payout infrastructure, which includes various payment methods [1][2] Group 2: Market Implications - The introduction of stablecoin payouts could significantly streamline payment processes for global digital platforms, reducing the reliance on traditional systems like SWIFT [4][7] - Major companies, including Meta, are exploring stablecoin payouts to mitigate high costs associated with fiat transfers [4] Group 3: Financial Inclusion - Both Visa and Mastercard highlighted the potential of stablecoin wallets to enhance financial inclusion, especially in regions with low bank account ownership [6][8] - The emphasis on financial inclusion aligns with the broader narrative of stablecoin issuers, aiming to provide access to payments for the underbanked and unbanked populations [8]

Group 1 - The company has reached a settlement with U.S. merchants after the initial settlement was not approved by the judge, indicating a positive outcome from intense negotiations [1] - The settlement is viewed as a balanced option that addresses the judge's concerns while considering the interests of all parties involved [1] - It provides certainty on interchange levels for merchants and offers them more choices regarding card acceptance [1] Group 2 - The settlement preserves the "honor all cards" rule, which is essential for maintaining a positive user experience that most merchants seek [2] - The company expresses confidence in the settlement, although it still requires approval from a relevant authority [2]

Earnings Presentation 3Q25 Earnings Presentation Q1'25 ➔ 1 This presentation may contain forward-looking statements. These forward-looking statements convey dLocal's current expectations or forecasts of future events, including guidance in respect of total payment volume, revenue, gross profit and Adjusted EBITDA. Forward-looking statements regarding dLocal and amounts stated as guidance involve known and unknown risks, uncertainties and other factors that may cause dLocal's actual results, performance or a ...

Company Performance - Fiserv's CEO attributed the earnings disappointment to a series of operational shortcomings [1] - The earnings disappointment led to a record rout in the payments giant's stock last month [1]

Core Insights - dLocal achieved a record Total Payment Volume (TPV) of US$10.4 billion in Q3 2025, marking a nearly 60% year-over-year growth and the fourth consecutive quarter with over 50% growth [1][6][5] - Revenue for the quarter reached US$282 million, up 52% year-over-year, driven by volume growth [1][6] - Gross profit exceeded US$100 million for the first time, totaling US$103 million, reflecting a 32% year-over-year increase [1][6] - Net income grew by 93% year-over-year, amounting to US$51.8 million [2][10] Financial Performance - TPV reached US$10.4 billion, a 59% increase from US$6.5 billion in Q3 2024 and a 13% increase from US$9.2 billion in Q2 2025 [6][8] - Revenue was US$282.5 million, up 52% from US$185.8 million in Q3 2024 and up 10% from US$256.5 million in Q2 2025 [6][8] - Gross profit was US$103.2 million, a 32% increase from US$78.2 million in Q3 2024 and a 4% increase from US$98.9 million in Q2 2025 [6][8] - Adjusted EBITDA was US$71.7 million, up 37% year-over-year, representing 25% of revenue [10][12] - Adjusted Free Cash Flow for Q3 2025 was US$37.6 million, a 28% increase year-over-year [10][12] Profitability Metrics - Gross profit margin was 37%, down from 42% in Q3 2024 and 39% in Q2 2025 [6][8] - Operating profit was US$55.6 million, a 35% increase from US$41.1 million in Q3 2024 [6][8] - Net income for the quarter was US$51.8 million, or US$0.17 per diluted share, up 93% from US$26.8 million in Q3 2024 [10][12] Cash Position - As of September 30, 2025, dLocal had US$604.5 million in cash and cash equivalents, including US$333.1 million in corporate cash [10][12] - The corporate cash position increased by US$59.7 million from US$273.4 million as of September 30, 2024 [10][12] Market Position - dLocal operates a technology-first payments platform, facilitating local payments in emerging markets across over 40 countries [23]