Lucy Ingham

London

Editor-in-Chief at FXC Intelligence

Editor-in-chief at @fxcintelligence. Former editor of @verdictuk. She/her.

Articles

Money20/20 report

3 weeks ago | fxcintel.com | Lucy Ingham

This week saw the publication of our second report produced with Money20/20: How Will Europe’s Money Move in the Future? 2025’s View of 2035. Drawing from expert interviews, a survey of over 50 fintech professionals across the continent and our own market sizing data and expertise, this is an overview of how Europe’s cross-border payments landscape will evolve – with some key findings for anyone operating in the region.
Airwallex continues trend of later-stage payments fundraising

1 month ago | fxcintel.com | Lucy Ingham

Last week, Airwallex announced that it had raised $300m in a Series F funding round that saw its valuation climb to an all-time high of $6.2bn. It’s the latest in a number of fundraises by well-established network-led payment providers, reflecting both the investment market and the strategies of such players. Airwallex’s news comes not long after Thunes announced that it had raised $150m in a Series D round, while earlier this year Rapyd secured financing to support its acquisition of PayU GPO.
OFX’s return to growth strategy: Insights from FY 2025 earnings

1 month ago | fxcintel.com | Lucy Ingham

OFX’s latest earnings for financial year 2025 saw disappointing results amid a tough macro environment, but also provided a detailed breakdown of its plan to return to growth via “OFX 2.0”. Covering calendar Q2 2024 to Q1 2025, OFX’s FY 2025 earnings were a tough set of results for the B2B and high-value consumer cross-border payments-focused company.
Standard Chartered centres cross-border in Q1 25 amid tariffs

1 month ago | fxcintel.com | Lucy Ingham

Standard Chartered’s Q1 2025 results saw the company post solid top-line results and centre its cross-border and network presence as it seeks to reassure investors about its ability to withstand tariff-related headwinds.
Mastercard and Visa see cross-border network boosts in Q1 25

1 month ago | fxcintel.com | Lucy Ingham

Mastercard and Visa have both announced their calendar Q1 2025 results, reported as financial Q2 2025 for Visa, and while current global market conditions present some potential future challenges, both reported strong cross-border metrics. Both companies continued to see cross-border growth in card usage, but also reported key gains in their network platform products Mastercard Move and Visa Direct.
Unpacking FY 24 results

1 month ago | fxcintel.com | Lucy Ingham

Revolut’s FY 2024 results speak to a maturing company that is increasingly growing its reach. But how close is it to reaching its 100 million customer target and where is it seeing growth? Revolut has released its annual report for FY 2024, providing renewed insight into the neobanking major, which is not yet publicly traded.
PayPal continues platform focus amid trade concerns in Q1 2025

2 months ago | fxcintel.com | Lucy Ingham

PayPal has announced its Q1 2025 results, seeing a 1% increase in net revenues to $7.8bn, or 2% on a currency neutral basis, as the company moves towards a single commerce platform model. This approach, which the company outlined in detail during its Investor Day in February, is seeing PayPal shift all its products to a single connected platform.
The future of Asia’s cross-border payments: Money20/20

2 months ago | fxcintel.com | Lucy Ingham

This week saw the publication of our first report produced in partnership with Money20/20: How Will Asia’s Money Move In The Future? 2025’s View Of 2035. Drawing on our own market sizing data and expertise, as well as a survey of over 100 fintech leaders operating across the continent, this is an exploration of the future of cross-border payments infrastructure in Asia with some insightful findings.
Citi sees cross-border payments growth in Q1 2025

2 months ago | fxcintel.com | Lucy Ingham

Citi has announced its Q1 2025 results, and while the bank overall saw revenue increase 3% YoY to $21.6bn, its cross-border transaction value saw greater growth at 5%. In Q1 2025, Citi saw its cross-border transaction flows reach $95.1bn and continues to centre cross-border payments in its overall business focus. They sit under Citi’s Payments segment, itself a part of Treasury and Trade Solutions (TTS), which is reported as part of the Services division.
How are the US trade tariffs impacting cross-border payments?

2 months ago | fxcintel.com | Lucy Ingham

US President Donald Trump’s trade tariffs have introduced new charges for goods imported by the US from almost every country in the world. But how is the cross-border payments industry likely to be affected? Last week’s so-called “Liberation Day” saw US President Donald Trump announce unprecedented, sweeping tariffs that could impact imports from almost every country on earth.