Adyen’s H2 2024: payments processing powerhouse continues to show industry-leading margins 😤💳; Coinbase’s Q4 2024: solidifying platform play for the mainstreamification of digital assets 🪙📈

FinTech is Eating the World, 14 February

Hey Everyone,

Good morning & happy Friday! Today’s issue is a Valentine’s Day special as we’re looking into two FinTech titans 💪💙 Adyen, the payment processing powerhouse that continues to show industry-leading margins (breaking down their latest H2 2024 financials, what they mean & what’s next + bonus deep dive into Adyen’s competitors), and Coinbase whose Q4 2024 show solidifying platform play for the mainstreamification of digital assets (breaking down their latest numbers, what they mean and what’s next for Coinbase + bonus deep dive into its rival Robinhood). So let’s jump straight into the amazing stuff 🌶️

Adyen’s H2 2024: payments processing powerhouse continues to show industry-leading margins, despite growing competitive pressures 😤💳

Earnings time ☎️ Adyen’s shares rose as much as 15% yesterday after the Dutch payments giant reported full-year core earnings above market expectations, and forecast higher net revenue growth and continued margin expansion in 2025.

Based on Adyen's H2 2024 financial results and strategic positioning, we find compelling evidence of a fundamentally strong business with significant competitive advantages, though some emerging challenges warrant careful monitoring.

Let’s take a closer look at this, break down the latest numbers, see what story are they telling us and what’s next for Adyen.