Adyen’s Q3 2024: premium payments player hits growth speed bump, but long-term thesis remains intact 🫡📈; MoneyLion is a FinTech dark horse that’s emerging as the "Amazon of Financial Services" 😳🚀

FinTech is Eating the World, 7 November

Hey Everyone,

Good morning & happy Friday! Today’s issue is the best one yet as we’re going to dive deep into Adyen’s latest Q3 2024 financials (see how premium payments player hits growth speed bump and why long-term thesis remains intact + more bonus reads inside), and MoneyLion, a FinTech dark horse that’s emerging as the Amazon of Financial Services (breaking down their latest numbers, what they mean and what’s next & whether MoneyLion is worth your time and money in 2024 and beyond). So let’s just jump straight into the good stuff 🌶️

Adyen’s Q3 2024: premium payments player hits growth speed bump, but long-term thesis remains intact 🫡📈

Earnings time 🤑 Payments giant Adyen just posted its Q3 2024 financial results that highlight the company's ability to deliver consistent revenue growth and maintain its market-leading position in the digital payments space.

Despite a slight miss on transaction volume growth, the company's revenue performance was in line with expectations, driven by its successful land-and-expand strategy with existing customers and continued diversification of its merchant mix.

Let’s take a closer look at this, unpack the most important numbers, and see what’s next for Adyen.