Paysafe is gaining momentum, but challenges remain 👀; Tokyo firm adopts Bitcoin as reserve asset amid Japan's economic woes 🇯🇵

FinTech is Eating the World, 13 May

Hey Everyone,

Good morning! We’re starting another interesting FinTech week on Tuesday, and there are already some fascinating things cooking 👩🏽‍🍳 Today we’re looking at Paysafe that’s gaining momentum (analyzing and breaking down their latest numbers, what challenges are ahead & why I’m cautious about the stock + 4 bonus deep dives into FinTech stocks you can’t ignore right now), and a Tokyo firm that just adopted Bitcoin as reserve asset (what’s happening and what’s next + some more thoughts on BTC). Let’s jump straight into the interesting stuff 🌶

Paysafe is gaining momentum, but challenges remain 👀

Following the money 💸 Payments FinTech Paysafe PSFE 0.00%↑ just posted its latest Q1 2024 financials showing signs of improvement.

Nevertheless, there are still significant challenges that need to be addressed before it can be considered a strong stock to invest in (you’ll see why).

So let’s take a closer look at the key numbers, break them down, and see what they mean.