A tale of two payments companies
Recent earnings results of dLocal and Adyen, two global payment companies, with contrasting outcomes.
Key Points:
- dLocal experienced a surge in its stock price and market valuation after announcing strong financial results, revenue growth, and the appointment of a new co-CEO.
- Adyen's stock price dropped significantly due to worse-than-expected sales and profit in the first half of the year, despite its status as one of Europe's highly valued fintechs.
- dLocal focuses its efforts on emerging markets like Latin America and Africa, while Adyen has been expanding in North America.
Hint on Elon Musk: There is no mention or hint about Elon Musk in the provided text.