Shopify posted strong Q4'24 results with GMV growth, FCF margin expansion and robust core segment performance. High valuation ...

Interchange-plus processors, on the other hand, charge a consistent markup (e.g., 0.4% plus 8 cents), but pass varying interchange fees to the merchant. Here's a rundown of what you can expect to ...

Our fair value estimate for Adyen is EUR 1,950 and implies a 2024 enterprise value/EBITDA ratio of 36, which reflects the very strong growth rates we expect from Adyen. We reach our midcycle forecast ...