Aeropay’s Post

As PayPal charts its course, it rides a roller coaster of experiences, new product feature rollouts, layoffs, and earnings fluctuations. Last week, the payments firm reported its earnings for the final quarter of 2023 with a solid 9% increase in Q4 revenue, reaching $8.0 billion, while FY 2023 revenue climbed 8% to $29.8 billion.  Although the earnings reflected a profitable growth trajectory and beat expectations, the 2024 guidance fell short of analysts' expectations. Wins and areas for improvement went hand in hand. Read the complete analysis: https://lnkd.in/dMnf3HEX #Earnings #2023Year #Profitability #Revenue #Payments

PayPal's growth hack that paved the way for the PayPal Mafia 🚀 It wasn’t about transactions 💸 It was about adoption PayPal spent $70 million on the growth hack, here’s how ⬇️ Back in the early 2000s, PayPal did something revolutionary: - They paid people to join and refer others! 💰 - $20 for signing up and another $20 for each referral This offer later dropped down to $5 BUT This led to: - Led to 7-10% daily growth rate - Reached 100M users rapidly This strategy wasn't just clever, it was transformative. It inspired giants like Dropbox and Airbnb! 📈 What can we learn? 1. Innovation pays off 2. User acquisition is an investment 3. The right incentive can change everything Were you a part of the PayPal referral program? Share your experience below! 👇

🚨 𝘽𝙍𝙀𝘼𝙆𝙄𝙉𝙂: JPMorgan Chase has stopped providing payments services for many long-standing clients of WePay, suggesting a retreat in the bank’s efforts to compete with Stripe. JPMorgan had bought WePay, a Silicon Valley–based payments processing business for small accounting and marketing businesses, in 2017 for $400 million, to try to bolster its existing payments business—mostly reliant on long-established giant companies such as UPS—with some of the younger online enterprises that use Stripe and other newer payments firms like Square. But the integration of WePay over the past six years proved troubled, and JPMorgan has lately cut costs at the unit, including through layoffs. Ironically, many of the longtime WePay clients JPMorgan has lately cut off have now switched to Stripe. More info: https://lnkd.in/ejbaC4tY Find this helpful? [ 𝗿𝗲𝗽𝗼𝘀𝘁 ] Anything to add about this subject? [ 𝗶𝗻𝘃𝗶𝘁𝗲𝗱 𝘁𝗼 𝗰𝗼𝗺𝗺𝗲𝗻𝘁 ] Nice story, Marcel. Next! [ 𝗹𝗶𝗸𝗲 ] #fintech #payments #paytech #digitalpayments #paymentservices #financialtechnology #fintechindustry #fintechnews 

Payments giant Adyen was founded in 2006 and has reportedly not done any company-wide layoffs ever. 0 firing in 18 years 🤯 To put this into perspective, Stripe, PayPal, and Block have laid off at least 4,600 people in the last 12 months alone. Meanwhile, Amsterdam HQed FinTech titan has 4,196 FTEs in total. I agree with Linas Beliūnas this is absolutely wild if true. Do you know of any other FinTechs with impressive stats like this? And who do you think is the most successful European FinTech❓ Let us know in the comments below👇 #payments #paytech #digitalpayments #adyen #fintech #fintechindustry #financialtechnology #fintechnews 

Payments giant Adyen was founded in 2006 and has reportedly not done any company-wide layoffs ever. 0 firing in 18 years 🤯 To put this into perspective, Stripe, PayPal, and Block have laid off at least 4,600 people in the last 12 months alone. Meanwhile, Amsterdam HQed FinTech titan has 4,196 FTEs in total. I agree with Linas Beliūnas this is absolutely wild if true. Do you know of any other FinTechs with impressive stats like this? And who do you think is the most successful European FinTech❓ Let us know in the comments below👇 #payments #paytech #digitalpayments #adyen #fintech #fintechindustry #financialtechnology #fintechnews 

Payments giant Adyen was founded in 2006 and has reportedly not done any company-wide layoffs ever. 0 firing in 18 years 🤯 To put this into perspective, Stripe, PayPal, and Block have laid off at least 4,600 people in the last 12 months alone. Meanwhile, Amsterdam HQed FinTech titan has 4,196 FTEs in total. I agree with Linas Beliūnas this is absolutely wild if true. Do you know of any other FinTechs with impressive stats like this? And who do you think is the most successful European FinTech❓ Let us know in the comments below👇 #payments #paytech #digitalpayments #adyen #fintech #fintechindustry #financialtechnology #fintechnews 

Facing challenges when a prospect doesn't respond after a no-show can be tough, but perseverance pays off! I recently had an experience that turned a no-show situation into a successful meeting. In April, I scheduled a meeting for my stakeholder with the Director of Engineering from PayPal, the largest Fintech company globally. Despite initial setbacks and multiple rescheduling, with 26 follow-up emails and 15 calls, I finally secured a productive meeting yesterday. Remember, persistence and adaptability are key in navigating such situations. Stay proactive and keep pushing forward even when faced with obstacles. #SalesStrategies #ProductiveMeetings #BusinessSuccess

This is just insane! European FinTech giant Adyen was founded in 2006 and has not done any company-wide layoffs ever 😳 0 firing in 18 years! To put this into perspective, Stripe, PayPal, and Block have laid off at least 4,600 people in the last 18 months alone. Meanwhile, Amsterdam HQed financial technology titan has ~4,000 FTEs in total. Adyen is one of the best-managed tech businesses in the world, and their latest Q1 2024 financials perfectly illustrate that: - The Dutch payments giant reported 21% year-over-year (YoY) growth in net revenue, reaching €438 million. - This growth was driven by a 46% increase in processed volume, which amounted to €297.8 billion. - North America remained Adyen’s fastest-growing region. But here comes the crazy part. More than 80% of Adyen’s payment growth comes from existing customers. That's the dream of every FinTech 🤯 Adyen is undoubtedly the most successful Europen FinTech of all time. Phenomenal. P.S. check out 🔔linas.substack.com🔔, it's the only newsletter you need for all things when Finance meets Technology. For founders, builders, and leaders.

This is insane! European FinTech giant Adyen was founded in 2006 and has reportedly not done any company-wide layoffs ever 😳 0 firing in 18 years! To put this into perspective, Stripe, PayPal, and Block have laid off at least 4,600 people in the last 12 months alone. Meanwhile, Amsterdam HQed financial technology titan has 4,196 FTEs in total. Adyen is one of the best-managed tech businesses in the world, and their latest H2 2023 financials perfectly illustrate that: - The Dutch payments giant reported 23% year-over-year (YoY) growth in net revenue, reaching €887 million. - This growth was driven by a 29% increase in processed volume, which amounted to €544 billion. - North America remained Adyen’s fastest-growing region with 27% growth YoY. - Net income was €416 million for the period (+48% YoY) with free cash flow of €391.8 million (+31% YoY). FCF conversion ratio was 93% But here comes the crazy part. More than 80% of Adyen’s payment growth comes from existing customers. That's the dream of every FinTech Adyen is undoubtedly the most successful Europen FinTech ever. Legendary.