• All
  • Company Report
  • company reports

Mastercard Incorporated ( MA) – A shift to digital payments is fuelling growth

The accelerating growth of e commerce worldwide is resulting in the rapid increase in card not present transactions. The card not present transactions contribute for over 45% of Mastercard’s switched volume. The company is making the transactions more seamless and safer by which it is able to add new merchants to its list. Highlights  Valuation […]

American Express Company (AXP) – Steady recovery of T&E is a key driver for AXP’s volume growth

American Express is now focusing on improving its growth momentum, by aggressively increasing the investments in its core strategic business areas of its consumer and commercial businesses. Highlights  Valuation – Enterprise Value – CrispIdea Forecast. – Economic Value Added Analysis – P/E Analysis – Peer Valuation – CrispIdea Forecast Relative to Consensus – Consensus History […]

Visa Inc. (V) – Recovering Payments volume and innovative offerings makes Visa a “Buy“

Visa is focusing on its consumer payments by partnering with many big banks of several countries to increase its reach for its acceptance solutions to under penetrated Geographies, which will help Visa in Geographic expansion and improve its diverse volume mix. Highlights Valuation – Enterprise Value – CrispIdea Forecast. – Economic Value Added Analysis – […]

Qiwi, Inc (QIWI – Q3FY20) – Unfavorable Regulations and economy puts downward pressure on QIWI.

QIWI has completed the process of Rocketbank B2C operations wind down. It has continued to pilot certain projects that were developed earlier this year in Rocketbank. Executive Summary Financial Statements – Income Statement and Forecast – Balance Sheet – Cash Flow – Quarterly results – Nine months Performance – Segment Overview – Developments – Guidance […]

Square Inc (SQ Q3FY20) – Strategic investments and progress in GPV boost growth.

Square has entered into a definitive agreement with Credit Karma to acquire its tax business. The acquisition provides an opportunity to further digitize and simplify the tax filing process in the United States, expanding access to the one in three households which are unbanked or underbanked. Executive Summary Financial Statements – Income Statement and Forecast […]

PayPal Holdings Inc (PYPL – Q3FY20 ) – Crypto Buy and Hold catalyst will be a game-changer for PayPal.

PayPal intends to create one of the most compelling and extensive digital wallets in the world and  launched a new service which enables users to Buy, Hold and Sell Cryptocurrency directly from their PayPal account. The company plans to significantly increase crypto-currency’s utility by making it available as a funding source for purchases at its […]

Mastercard Incorporated (MA – Q3FY20 ) – MA facing short term headwinds.

Mastercard and its partners, TSYS, a Global Payments company, and Extend,  introduced a mobile virtual card solution that enables virtual corporate cards to be easily loaded into a mobile wallet for fast and secure contactless payments. Executive Summary Financial Statements – Income Statement and Forecast – Balance Sheet – Cash Flow – Quarterly Results Overview […]

Global Payments Holdings Inc (GPN – Q3FY20) – GPN is set to outperform in FY21.

GPN’s is trying to increase the reach of their omni-channel capabilities, which improves their ability to offer local sales and operational support to provide services cross-border virtually. To serve in many of the harder served markets they operate in today is a significant competitive advantage. Executive Summary Financial Statements – Income Statement and Forecast – […]

Visa Inc (V – Q4FY20 & FY20) – Potential upside growth in FY22 due to recovery in the payments volume.

Visa announced that it has completed the acquisition of YellowPepper, a fintech pioneer with proprietary technology and partnerships supporting leading financial institutions and startups in Latin America and the Caribbean. The acquisition, which is the first of its kind for Visa in the region, accelerates the adoption of Visa’s ‘network of networks’ strategy, to become […]

Affirm IPO – 2020 – “BUY NOW, PAY LATER WITH AFFIRM”.

Affirm is a financial technology services company that offers installment loans to consumers at the point of sale. The company was founded with a goal to create honest financial products and services that empower consumers and improve lives. It aims to revolutionize the banking industry to be more accountable and accessible to consumers. Affirm partners […]

American Express Company (AXP – Q3FY20) – AXP witnessing steady growth despite COVID-19 headwinds.

American express recently acquired Kabbage, a leading financial technology company serving small businesses in the U.S., and in the official launch of their network in mainland China. This furthers company’s plans to offer U.S. small businesses an easy and efficient way to manage their payments and cash flow digitally in one place. Executive Summary Financial […]

Qiwi, Inc (QIWI – Q2FY20) – Growth slowed due to Covid, recovery expected in second half of FY20.

In June, Qiwi saw a strong recovery in the key markets and niches of their Payment Services segment and managed to achieve positive Y/Y growth. Moreover, their B2B projects, including Factoring PLUS, Flocktory and even Tochka JV showed impressive resilience and strong operational performance despite the complicated environment.  Executive Summary  Financial Statements – Income Statement […]

Global Payments Holdings Inc (GPN – Q2FY20) – Expanding partnerships to provide innovative solutions.

Global Payments plans to work with AWS to build on AWS’s customer relationships, making innovative technologies available to institutions of all sizes worldwide and expand the customer base for Global Payments’ issuer processing services. Executive Summary Financial Statements – Income Statement and Forecast – Balance Sheet – Cash Flow – Company Overview – Quarterly results […]

Mastercard Incorporated (MA Q2FY20 ) – COVID 19 has accelerated MA’s digital payment business.

Mastercard has a strong brand name and an amazing track record . The company handles global payments and processes billions of transactions. It shares a duopoly market with Visa. MA has a global reach with around 2.6 billion cards issued worldwide to more than 210 countries and territories.  The company has also made partnerships that […]

Visa Inc (V – Q3FY20) – The Future looks promising for VISA.

Visa  announced that it was working with Facebook on a new peer-to-peer payments system using Facebook’s WhatsApp messaging software in Brazil. Visa also added more than 80 million contactless, tap-to-pay cards since January, and tap-to-pay penetration increased in almost fifty countries. Executive Summary Financial Statements – Income Statement and Forecast – Balance Sheet – Cash […]

PayPal Holdings Inc (PYPL – Q2FY20 ) – Positive on PayPal’s many growth catalysts.

PayPal reported a record 21.3 million net new active accounts, making it the strongest quarterly growth in the company’s history. Customer engagement remained strong as well, with 40.7 payment transactions per account on a trailing- 12-month basis, up 4%. Executive Summary Financial Statements – Income Statement and Forecast – Balance Sheet – Cash Flow – […]

American Express Company (AXP – Q2FY20) – AXP was profitable in a relatively slow period.

American Express AXP became the first foreign payments network to be licensed to clear local currency transactions in mainland China. Cash and cash equivalents were $41 billion, up 52% year over year.The quarter ended with $1.6 billion in provisions for losses and a $62 billion reserve build. Executive Summary Financial Statements – Income Statement and Forecast – […]

PayPal Holdings Inc (PYPL – Q1FY20 ) – A Global Digital Payment Powerhouse.

PayPal’s 70% stake in GoPay, a provider of mobile payments in China, gives the company a segue into the world’s most populous country. The company expanded its total addressable market as the result of the acquisitions of Honey. Contributions from Honey acquisition remained positive in the quarter. Its agreement with MercadoLibre offers PayPal access to […]

American Express Company (AXP – Q1FY20) – Volumes highly impacted due to COVID-19 Pandemic.

American Express Launches ‘Stand for Small’ Coalition to Support U.S. Small Businesses. A coalition of more than 40 companies across various sectors, that have come together to provide meaningful support to small businesses as they navigate the impacts of Covid-19. Executive Summary Financial Statements – Income Statement and Forecast – Balance Sheet – Cash Flow […]

Mastercard Incorporated (MA – Q4FY19 & FY19) – Strong Q4FY19 results driven by solid transaction & volume growth.

Mastercard (MA) and Revolut , announced a partnership to launch Revolut cards in the U.S. by the end of the year, as part of an expansion of their relationship enabling the issuance of cards in any market around the world where Mastercard is accepted.The announcement confirms the two businesses will partner on a minimum of […]

PayPal Holdings Inc (PYPL – Q4FY19 & FY19) – On the verge of becoming a Powerhouse of Payments

PayPal announced a strategic partnership with UnionPay International (UPI) whereby both companies will work together to better serve joint consumers and merchants. As part of this partnership, UPI will support PayPal’s merchant and consumer initiatives in China and PayPal will support UPI acceptance globally where PayPal is accepted. Executive Summary  Financial Statements – Income Statement […]

Qiwi, Inc (QIWI – Q3FY19) – with strong adjusted revenue growth

Qiwi upgraded its total adjusted net revenue growth and adjusted net profit guidance for FY19. It is currently exploring opportunities of partial or complete sale of Rocketbank. Executive Summary  Financial Statements – Income Statement and Forecast – Balance Sheet – Cash Flow – Company Overview – Q3FY19 results – Nine Months Performance – Segment Overview – […]