TrueLayer, Europe’s leading Pay by Bank provider, today published its 2024 Financial Performance, highlighting an increase in revenues (+63%) and gross profit (+82%). 

The highlights from TrueLayer’s FY2024 financial data showcase a year of exceptional growth and momentum towards achieving profitability.

Key financial highlights from FY2024:

Airwallex, a leading global financial platform for modern businesses, today announced a series of regulatory, infrastructure and partner successes that will allow it to accelerate its expansion into the Middle East. The developments are part of a strategic push in the Middle East to capitalise on the huge growth opportunity in the region, and come as the business expands across the broader APAC, EMEA and the Americas regions.

The Centre for Finance, Innovation and Technology (CFIT) today announces three senior appointments to its Board, with Chris Pond joining as Non-Executive Chair and Nausicaa Delfas and Vivienne Artz as independent Non-Executive Directors.

Mambu, the leading SaaS cloud banking platform, announced today its successful collaboration with ABN AMRO to support BUUT, a new bank designed to help young people better manage their money. The neobank was brought to market in just 12 months, showcasing speed and agility.

bunq, Europe’s second largest neobank, is expanding bunq Crypto by becoming the first European challenger to launch flexible crypto staking, empowering users to earn rewards on their digital assets, with full flexibility and no lock-up periods.

Hotmart, a global technology company and leader in digital business in the Creator Economy, announced strong performance results following the adoption of Pix Automático, Brazil’s new recurring feature within the real-time payment system Pix. Integrated through EBANX, a global fintech specializing in payments for emerging markets, Pix Automático has been live on the Hotmart platform since June 16, the first day of the feature’s operations.

FIS® , a global leader in financial technology, today announced it has completed its acquisition of Chicago-based Amount, a leading provider of unified digital banking origination and decisioning experiences for financial institutions of all types and sizes.

Elavon, the payment division of U.S. Bank and one of Europe’s leading global merchant acquirers, and PrestaShop, Europe’s leading open-source e-commerce platform, have announced a strategic partnership to deliver seamless, secure, and scalable payment solutions to merchants across Europe.