Shopify’s Growth Engine fires on all cylinders 🔥🛍️; Coinbase to acquire BVNK for $2 billion? 🤔💰
FinTech is Eating the World, 5 November
Hey Everyone,
Good day & happy Wednesday! Today’s issue is super hot as we’re looking into Shopify’s growth engine, which is firing on all cylinders (breaking down their most important 3Q 2025 numbers, understanding what they mean, and what’s next for Shopify), and Coinbase that’s in advanced negotiations to acquire stablecoins startup BVNK (what it’s all about & why Coinbase need them + bonus deep dive into COIN 0.00%↑ 3Q 2025 financials & the ultimate list of stables resources inside). So let’s jump straight into the good stuff 🌶️
Shopify’s Growth Engine fires on all cylinders 🔥🛍️
Earnings time 🤑 E-commerce and FinTech giant Shopify SHOP 0.00%↑ has just delivered another solid quarter. In short, it’s a masterclass in balancing hypergrowth with operational discipline in Q3 2025, posting 32% year-over-year revenue growth to $2.84B while expanding free cash flow margins to 18%. Nice!
This is not a typical high-growth technology story burning capital to chase scale. Rather, this is an increasingly mature platform company that has discovered how to simultaneously accelerate top-line expansion and improve profitability.
Let’s take a closer look at this, break down the most important numbers, understand what they mean, and what’s next for Shopify.