Daniel Webber
Contributor at Forbes
Founder and CEO at FXC Intelligence
Founder, CEO, Entrepreneur. FXCintel & FXcompared. Internationals payments, data, AI, fintech
Articles
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4 weeks ago |
forbes.com | Daniel Webber
In many ways, artificial intelligence (AI) is all but a settled technology for much of the payments industry. While a year ago many were scrambling to find the best ways to apply the technology, today it has widespread use across many applications.
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1 month ago |
fxcintel.com | Daniel Webber |Joe Baker
Payoneer saw a strong FY 2024 on the back of a surge of B2B volumes. We speak to CEO John Caplan about how the company is aiming to grow its share of this multi-trillion dollar market, as well as the impact of its recent acquisition in China. Payoneer’s revenue grew 18% to $977.7m in 2024, on the back of a 21% rise in annual volumes to $80bn. The SMB-focused payments processor continued to see strong growth in B2B volumes, which increased 42% YoY in 2024, surpassing the company’s 25% target.
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1 month ago |
fxcintel.com | Daniel Webber |Joe Baker
Remitly moved from strength to strength in 2024, comfortably beating its upper-range forecasts and surpassing $1bn in annual revenue for the first time. We speak to CEO Matt Oppenheimer about how the digital remittance player plans to unlock further growth in 2025. Remitly continued its growth streak in Q4 2024 with revenue rising 33% YoY to $352m, driving full year growth of 34% to $1.26bn.
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1 month ago |
forbes.com | Daniel Webber
Over the past few decades, the world has become far more interconnected, bringing billions more people online. According to the UN agency ITU, in 2005 the number of internet users stood at 1 billion globally, but by 2024, it had reached 5.5 billion.
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Jan 24, 2025 |
forbes.com | Daniel Webber
When it comes to stock market debuts, 2024 was not an active year for many industries, not least cross-border payments. Only a handful of companies IPO’d in the payments sector in the last year, with more companies either completing or announcing a departure from the public markets, typically through a deal either partially or wholly with a private equity player. 2025 is set to be different.
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In early June, some of our UK team and I went to ClueQuest for one of our monthly team socials. We split into groups, with a mix of both experienced escape room participants and newbies. Together, we faced the challenge of getting out and the competition…https://t.co/6OVg9Yvxfg
MoneyGram International has gone private through an acquisition by private equity firm Madison Dearborn Partners, LLC, marking the end of its 19-year stint on the Nasdaq. This frees them from the confines of the three-month earning…https://t.co/onv9mCUxRY https://t.co/01u2IO9m6c
In the current digital payments landscape, a social media presence is a necessity rather than a choice. Banks, fintechs, and other payment companies must utilise these platforms to play to their strengths. To remain competitive in the industry, it is cruc…https://t.co/Z8TXTXtynq