Strong growth for Mastercard despite macro headwinds 📈; Deepfakes trick finance worker into $25 million scam 😳

FinTech is Eating the World, 5 February

Hey Everyone,

Happy Monday! I hope you had some time to relax over the weekend because now we’re jumping straight into all things FinTech. On today’s radar is Mastercard’s strong Q4 2023 growth despite macroeconomic headwinds (analyzing the latest data & graphs & taking a big-picture view on the stock price + some bonus deep dives and analyses one Visa), and the rise of deepfakes that just tricked a finance worker into $25M scam (what happened & what this means for the industry). Let’s jump straight into the interesting stuff 🌶

Strong growth for Mastercard despite macro headwinds 📈

Earnings call ☎️ Following Visa V 0.00%↑, another finance giant recently reported its earnings. Mastercard MA 0.00%↑ delivered double-digit revenue and earnings growth in the fourth quarter and full year 2023, showcasing the resilience of its business model amidst economic uncertainty.

However, the stock may be fairly valued after a recent rally.

So let’s take a closer look at the most important numbers, uncover what they mean, and see what’s next.