Mastercard’s Q2 yet again proves the payments powerhouse is poised for continued growth 🚀; Remitly’s Q2 2024: digital disruptor in remittances showing promise, but valuation remains questionable 👀

FinTech is Eating the World, 1 August

Hey Everyone,

Good morning & happy Friday! Today’s issue is super interesting as we’re taking a deeper dive into Mastercard’s latest Q2 2024 financials that yet again prove the payments powerhouse is poised for continued growth (breaking down the key numbers, what they mean & what’s next for Mastercard in 2024 + a bonus deep dive into its biggest competitor Visa), and analyzing Remitly’s newest quarterly report that indicates questionable valuation despite promising performance (key numbers, what story they tell us & whether Remitly is worth your time and money in 2024 + a bonus dive into FinTech giant Wise). So let’s just jump straight into the cool stuff 🌶

Mastercard’s Q2 yet again proves that the payments powerhouse is poised for continued growth 😤🚀

Earnings time 🤑 Finance giant Mastercard MA 0.00%↑ just reported second-quarter revenue that topped analysts' expectations, with a lift from healthy consumer spending.

Mastercard's Q2 2024 results yet again underscore its position as a dominant force in the global payments industry, with robust financial performance and strategic initiatives that position it well for continued success.

Let’s take a closer look into this, break down the key numbers, what they mean, and see what’s next for MA 0.00%↑.