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Fintech Adyen’s Shares Jump as Sales Beat Estimates

Bank Innovation

Adyen NV reported a 54% rise in second-half net revenue, beating analysts’ estimates as the fintech darling continues to deliver on rapid growth. The Dutch company, which processes payments for Netflix Inc., and Spotify Technology SA, posted €192.5 million ($219 million) in net revenue for the six months ended December.

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Takeaway Says Just Eat Takeover Is A Done Deal, Approval Pending

PYMNTS

10 in its all-stock offer for Just Eat, which came out ahead of a competing Prosus NV cash bid. But a Competition and Markets Authority (CMA) probe is still taking place, and the two firms have to keep operating with separate branding and management until that finishes. Takeaway noted victory on Jan. It was reported that 92.2

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Uber Could Be Valued At $120B In Potential IPO

PYMNTS

But, with the recent proposals, the company would have a higher value than Fiat Chrysler Automobiles NV, Ford Motor Company and General Motors put together. exchanges, companies are raising capital through the markets at an uncommonly fast pace compared to the past 20 years.

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Wirecard Catches A $1.8M Break From Lenders

PYMNTS

As many as 15 lenders are assessing the extent of potential losses, including ABN Amro Bank NV, Commerzbank AG and ING Groep NV, who have loaned Wirecard 1.6 The 50-year-old executive faces charges of accounting fraud and market manipulation designed to artificially inflate the FinTech’s balance sheet. and Mastercard Inc.

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UK Investigation Could Delay Takeaway-Just Eat Deal

PYMNTS

Takeaway.com fought a months-long battle against rival Prosus NV for the right to buy Just Eat, finally coming out victorious. Competition and Markets Authority (CMA) has reversed its initial position on the deal. market without the current deal with Just Eats in place. market without the current deal with Just Eats in place.

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Amazon’s Plan To Enter UK Car Market Causes Problems For Britain’s Auto Sites

PYMNTS

online auto sales market after a current test run in Italy has unnerved shareholders of Britain’s biggest auto dealer websites. According to Bloomberg Markets , the news that Amazon might be selling vehicles in the U.K. While Auto Trader’s market position in the U.K. News of Amazon ’s plan to enter the U.K. to Alphabet, Inc.

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UBS Leads New Blockchain Settlement Group

PYMNTS

Banco Santander SA, Commerzbank AG, ING Groep NV, KBC Group NV, Lloyds Banking Group PLC, Mitsubishi UFG Financial Group Inc. You remove settlement risk, the counterparty risk, the market risk. Among the big banks included in the gang of 14 are, apart from UBS, Barclays PLC, Nasdaq Inc., and Sumitomo Mitsui Banking Corp.

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