UK-based digital finance firm Revolut is reportedly planning to launch its payment platform in India, as part of its planned global expansion. This launch marks Revolut’s first foray into India, one of the largest digital payments markets in the world, according to the Reuters report. In India, the fintech plans to partner with the Unified Payments Interface (UPI) and Visa to enable users to conduct both domestic and international transactions. Initially, Revolut will cater to 350,000 customers who are ...

MUMBAI (Reuters) -London-based digital finance firm Revolut said on Wednesday it will launch its payment platform in India, its first foray into one of the world's largest digital payments markets, as part of a planned global expansion. Revolut will let Indian users make domestic and international payments via its tie-ups with the Unified Payments Interface and Visa, starting with 350,000 waitlisted customers later this year before opening to others. The UK-based fintech firm, which said last month it wa ...

Affirm Holdings, Inc. (NASDAQ:AFRM) is one of the stocks Jim Cramer put under the microscope. A caller asked whether they should buy the dip, hold, or sell shares of the stock. In response, Cramer said: “Okay, I think, first of all, let’s just discuss, this is Max Levchin’s baby, okay. I’ve had Max on a number of times. I have dealt with him a number of times. He is about as smart as anyone I have ever met, and he’s certainly the smartest in this group. I know there’s a lot of people gunning for him. They ...

Group 1 - Affirm Holdings, Inc. (NASDAQ:AFRM) has experienced a significant share price increase of over 120% and is expected to benefit from future Federal Reserve rate cuts [1] - Jim Cramer predicts that Affirm's stock price will rise to $100 from its current price of $72, expressing strong confidence in the company's leadership under Max Levchin [2] - Affirm operates a payment platform that allows consumers to split purchases over time, serving various industries including retail, travel, electronics, and fashion [2] Group 2 - While Affirm is recognized for its potential as an investment, there are other AI stocks that may offer greater upside potential and less downside risk [2]

Core Insights - Sezzle Inc. has been recognized on CNBC's World's Top Fintech Companies 2025 list, highlighting its innovative and high-performing status in the fintech sector [1][4] - The company's stock has surged over 900% in the past year, making it one of the best-performing public companies of 2025, with Q1 results exceeding revenue and profit expectations [2][3] - Sezzle's CEO emphasized the company's ability to scale profitably while delivering value to consumers and shareholders, reflecting its commitment to a purpose-driven business model [3] Financial Performance - Sezzle's stock increased by over 900%, reaching record highs [2] - The company surpassed revenue and profit expectations in Q1, driven by high-retention subscription offerings and strong consumer engagement [2] - Full-year guidance was raised, indicating confidence in continued growth [2] Recognition and Awards - Sezzle's inclusion in CNBC's global fintech list is a recognition of its mission and momentum [3] - The company has received accolades for its workplace culture and customer experience in 2025 [3] Strategic Partnerships and Growth - Recent milestones include a partnership with the Minnesota Timberwolves as the Official Jersey Patch Sponsor and the expansion of Sezzle's in-app Marketplace [5] - A bank partnership with WebBank has broadened Sezzle's reach and inclusivity [5] Company Mission and Values - Sezzle is committed to financially empowering consumers through its payment platform, enhancing purchasing power with point-of-sale financing options [7] - The company focuses on transparency, inclusivity, and ease of use, aiming to help consumers manage spending responsibly and achieve financial independence [7]

Financial Data and Key Metrics Changes - Total Process Volume (TPV) reached $80 billion in Q4, a 29% increase compared to the same quarter of 2023 [7][22] - Q4 net revenue was $136 million, growing 14% year over year [7][25] - Gross profit for Q4 was $98 million, an 18% increase year over year, resulting in a gross margin of 72% [8][27] - Adjusted EBITDA was $13 million in Q4, translating into a 9% margin, marking new all-time highs for the company [29][30] Business Line Data and Key Metrics Changes - Financial services, lending (including buy now pay later), and expense management all grew at roughly the same rate in Q4, slightly faster than the overall company [24] - Non-block neo banking customers' TPV grew approximately 100% year over year [25] - Growth in expense management accelerated due to strong end-user acquisition as AP automation and modern corporate card platforms gained share [25] Market Data and Key Metrics Changes - The European business saw TPV growth well over 100% in Q4 [12] - The company secured a deal to provide commercial card processing and program management to a fast-growing technology company in Europe [12] - The pipeline for embedded finance customers has increased significantly, with roughly two-thirds of the current pipeline being embedded finance customers [55] Company Strategy and Development Direction - The company aims to establish itself as a preferred partner for embedded finance and fintech innovations through three strategic pillars: deepening platform breadth, expanding solutions, and strengthening leadership in payments innovation [15][44] - The acquisition of TransactPay is expected to enhance program management offerings in Europe and streamline operations [18][36] - The company plans to leverage the American Express network for credit and debit card programs starting later in 2025 [16] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in capturing compelling opportunities in the payment ecosystem while focusing on profitable growth and value creation [6][15] - The company anticipates net revenue growth of 16-18% for 2025, driven by TPV growth in the mid to high 20s [32] - Management highlighted the importance of maintaining a strong focus on compliance while driving profitable growth [21][43] Other Important Information - The company ended Q4 with $1.1 billion in cash and short-term investments [29] - A share buyback authorization of $300 million was approved, bringing the total authorization to $380 million [31] Q&A Session Summary Question: What exactly is being acquired with TransactPay? - TransactPay is a BIN sponsorship provider licensed with an eMoney institution, allowing the company to have more control over offerings in Europe [48][50] Question: How does the pipeline look now, especially after recent wins? - The pipeline is strong, with a significant increase in embedded finance customers, indicating growing momentum in the market [55][56] Question: Does Marketa have everything needed to win larger embedded finance deals? - Yes, the company has a full solution that includes money movement, issuer processing, and program management, which positions it well for larger deals [62][64] Question: Is the guidance for 2025 based on the acquisition of TransactPay? - Yes, the guidance assumes the acquisition will close around Q3 2025 [68] Question: What is the path to GAAP profitability by 2026? - The company expects to drive gross profit growth at a faster rate than expense growth, leading to GAAP profitability on a quarterly basis by 2026 [70][73]