Despite the pullback, Visa continuous digital dominance in Q3 2024 😤💸; Fiserv’s Q2 2024: a FinTech fortress still poised for sustained growth 🏦🚀
FinTech is Eating the World, 24 July
Hey Everyone,
Good morning & happy Thursday! Today’s issue is super hot as we’re going to dive deep into two finance giants - Visa and Fiserv 🤑 We’re therefore focusing on Visa’s Q3 2024 and why despite the pullback it continues digital dominance (deep dive and breakdown of the most important numbers, what they mean & what’s next for Visa + some bonus dives into key competitors), and Fiver’s solid Q2 2024 (analyzing their latest numbers, what they mean & why the FinTech giant is still poised for sustained growth). Let’s just jump straight into the hot stuff 🌶
Despite the pullback, Visa continuous digital dominance in Q3 2024 😤💸
Earnings time 🤑 Finance juggernaut Visa V 0.00%↑ just turned in mixed fiscal Q3 results as earnings met the Wall Street consensus, but revenue fell short.
As an effect, Visa stock slid the most since 2022, but I’m not sad. Why?
Let’s take a deeper dive into the key numbers, break them down and find out.