Dafinchi AI

V

Financial Services

3w

Visa's Strategic Focus on AI and Stablecoins for Future Payments

Visa is advancing its product development in AI and stablecoins, with a product drop in April showcasing new capabilities.
Visa Intelligent Commerce enables consumers to shop with AI agents, with over 30 partners testing in sandbox and plans for live transaction pilots later this year.
The company sees stablecoins as a solution for emerging markets with volatile fiat currencies and for cross-border money movement, with deployment of stablecoin-linked cards in multiple markets including Africa and Latin America.
Visa has expanded its stablecoin capabilities by adding euro-backed stablecoin EURC and partnering with Paxos for USDG and PYUSD, supporting multiple blockchains and currencies for settlement.

V

Financial Services

3w

Financial Performance Summary

Commercial and money movement solutions revenue grew 13% year-over-year in constant dollars; commercial payments volume grew 7%.
Consumer payments revenue was driven by strong payments volume, cross-border volume, and processed transaction growth.
Cross-border volume, excluding intra-Europe, rose 11% in constant dollars; processed transactions grew 10% year-over-year.
EPS was $2.98, up 23% over last year, with minimal impacts from exchange rates and acquisitions.
Nonoperating income was $191 million, helped by investment income from higher cash balances.
Operating expenses grew 13%, higher than expected due to lower FX benefit and higher personnel expenses.
Overall payments volume grew 8% year-over-year in constant dollars; U.S. payment volume grew 7%, international payments volume grew 10%.
Tax rate for the quarter was 17.3%, in line with expectations.
Value-added services revenue was $2.8 billion, up 26% year-over-year in constant dollars.
Visa delivered net revenue of $10.2 billion, up 14% year-over-year, and EPS up 23% year-over-year.
Visa Direct transactions grew 25% year-over-year to 3.3 billion transactions.

Coinbase Global, Inc.

COIN

Financial Services

2w

Coinbase's Vision for the 'Everything Exchange' and Asset Tokenization

Coinbase aims to build the 'everything exchange' to enable trading of all asset classes on crypto rails, starting with over 300 assets listed and plans to integrate decentralized exchanges into the app.
The company is working towards tokenized equities, real-world assets, and prediction markets, with a focus on compliance and global coverage.
Tokenized securities are seen as a way to unlock significant value, with potential to double the current crypto market by capturing just 3% of equities trading.
Coinbase plans to integrate with traditional brokers and emphasizes risk management and custody as key components of this strategy.

PayPal Holdings, Inc.

PYPL

Financial Services

3w

PayPal's Strategic Shift from Payments to Commerce Platform

PayPal is transforming from a payments company into a dynamic commerce platform, emphasizing personalized shopping experiences and leveraging its scale and trusted brands.
Management highlighted the belief that fintech will see more change in the next 5 years than the past 20, with a focus on online, in-store, and AI-driven shopping.

Robinhood Markets, Inc.

HOOD

Financial Services

2w

Robinhood's Expansion into Tokenization and Crypto Infrastructure

Robinhood expanded its European crypto offering to 30 countries, serving over 400 million people, including stock tokens.
Tokenization is viewed as a major innovation, likened to stablecoins for fiat currencies, enabling 24/7 trading, instant settlement, and self-custody.
Robinhood is working on tokenizing private assets and real-world assets, with a focus on private markets and assets previously inaccessible to retail investors.
The Robinhood Chain, a Layer 2 blockchain optimized for real-world assets, aims to leverage its large user base and custody assets to build a developer ecosystem and facilitate asset tokenization.

Fidelity National Information Services, Inc.

FIS

Financial Services

2w

Strategic Acquisition of Global Payments Issuer Business and Sale of Worldpay Stake

Announced in April, the acquisition of Global Payments Issuer business received U.S. regulatory clearance and is on schedule for international approval processes.
The acquisition adds best-in-class credit issuing solutions, creating cross-sell opportunities and strengthening FIS's position in banking and payments.
Sale of minority Worldpay stake aligns with operational simplification and improves financial profile and free cash flow.
Expected contribution of the acquisition is approximately $20 million in full-year revenue, with a focus on international expansion and product integration.

SoFi Technologies, Inc.

SOFI

Financial Services

3w

Introduction of Blockchain-Enabled International Money Transfers

Announced the launch of self-serve international money transfers using blockchain technology, enabling members to transfer funds to dozens of countries with faster speeds and lower costs.
Transfers will be automated within the SoFi app, taking under a minute, with full transparency on exchange rates and fees, available 24/7.
Potential future deployment of this service internationally for cross-border payments from non-U.S. countries to the U.S.

Franklin Resources, Inc.

BEN

Financial Services

2w

Franklin Templeton's Strategic Focus on Digital Blockchain and Tokenization

Franklin Templeton has been pioneering in blockchain technology since 2018, with a patent on their digital wallet.
Launched the intraday yield feature on the tokenized money market fund Benji in 2025, enabling real-time yield updates and collateral use.
Blockchain's capabilities include ownership verification, executing smart contracts, and facilitating payments, which could disintermediate traditional financial 'toll takers' and reduce transaction costs.
The firm believes blockchain will fundamentally change financial system rails, enabling more efficient, transparent, and accessible investment services.
Active conversations with international and U.S. distributors about white-labeling their blockchain infrastructure, especially following regulatory clarity from the Gensler Act.

Euronet Worldwide, Inc.

EEFT

Financial Services

2w

Strategic Acquisition of CoreCard to Expand Digital Payments and Credit Processing Capabilities

Euronet announced the acquisition of CoreCard, a leading credit card processing platform, valued at approximately $248 million, in an all-stock transaction.
The acquisition extends Euronet’s digital payments strategy, adding a scalable, high-margin credit platform with proven clients like Apple, Goldman Sachs, and American Express.
CoreCard supports millions of card accounts and processes billions of transactions annually, with a focus on revolving credit, which is a highly profitable segment.
The platform's technology is built for scale, supporting diverse use cases including consumer, business, stablecoins, and fintech innovations.
The strategic goal is to leverage CoreCard to accelerate growth in the U.S. and emerging markets, especially in Asia and Latin America, where credit markets are expanding.

Federated Hermes, Inc.

FHI

Financial Services

2w

Innovative Tokenized Money Market Funds and Digital Asset Infrastructure

Federated Hermes is actively developing tokenized money market funds, exemplified by the Superstate Short Duration U.S. Government Securities Fund with assets of about $425 million.
Participation in a collaborative blockchain initiative between Bank of New York and Goldman Sachs aims to use blockchain technology to record ownership of money market funds, enhancing transferability.
Management views tokenized money funds as an incremental evolution, not a disruptive threat, emphasizing their potential for improved distribution and transferability.
The firm is exploring various innovations, including tokenized share classes and fully digitized assets, to expand the utility of money market funds.
The impact of tokenization on industry size is uncertain, but management sees it as an additional distribution channel and collateral management tool, with potential for growth as the ecosystem matures.

Payoneer Global Inc.

PAYO

Financial Services

1w

Payoneer's Strategic Focus on Cross-Border Commerce and Digital Finance Innovation

Q2 revenue ex interest income reached a record $202 million, up 16% YoY, driven by high-value product adoption and pricing strategies.
Adjusted EBITDA of $66 million with a 25% margin demonstrates operational leverage and profitability, with guidance to more than triple EBITDA ex interest income in 2025.
Payoneer is investing in new markets, partnerships (e.g., Stripe), and technology hubs (e.g., Gurgaon, India) to enhance its platform and support long-term growth.