Nexi: underrated European payments powerhouse poised for growth 🇮🇹📈; Klarna's AI Revolution: efficiency gains, halving workforce and path to IPO 🤑🤖
FinTech is Eating the World, 27 August
Hey Everyone,
Good morning! Today’s issue is the best one yet as we’re taking a deeper dive into underrated European payments powerhouse Nexi that is poised for sustainable growth (breaking down the most important numbers, uncovering what they mean & whether Nexi is worth your time and money in 2024 + a bonus deep dive into another European PayTech giant) and Klarna which is now at the forefront of AI revolution with efficiency gains, halving workforce and path to going public (analyzing Klarna’s latest numbers and massive AI improvements, what they mean & what’s next + some bonus reads inside). So let’s just jump straight into the fascinating stuff 🌶️
Nexi: underrated European payments powerhouse poised for growth 🇮🇹📈
Following the earnings 💸 Yesterday we looked at Worldline, and today the time has come for Nexi, another payments technology giant in Europe that recently published its H1 2024 results.
In short, Nexi’s latest financial results reveal a compelling story of growth, margin expansion, and accelerating cash generation, but also highlight some potential risks that warrant careful consideration.
Let’s take a closer look into the most important numbers, uncover what they mean, and see whether Nexi is worth your time and money in 2024.