Daniel Webber

Founder, CEO, Entrepreneur. FXC Intelligence, Internationals payments, data, AI, fintech

[Daniel Webber @danwebberfx]

In early June, some of our UK team and I went to ClueQuest for one of our monthly team socials. We split into groups, with a mix of both experienced escape room participants and newbies. Together, we faced the challenge of getting out and the competition…https://t.co/6OVg9Yvxfg

[Daniel Webber @danwebberfx]

MoneyGram International has gone private through an acquisition by private equity firm Madison Dearborn Partners, LLC, marking the end of its 19-year stint on the Nasdaq. This frees them from the confines of the three-month earning…https://t.co/onv9mCUxRY https://t.co/01u2IO9m6c

[Daniel Webber @danwebberfx]

In the current digital payments landscape, a social media presence is a necessity rather than a choice. Banks, fintechs, and other payment companies must utilise these platforms to play to their strengths. To remain competitive in the industry, it is cruc…https://t.co/Z8TXTXtynq

[Daniel Webber @danwebberfx]

Pride month is about acceptance, equality, celebrating the work of LGBTQIA+ people, education in LGBTQIA+ history and raising awareness of issues affecting the LGBTQIA+ community.

Throughout the month of June, FXC Intelligence has been sharing stories of…https://t.co/5FOrvwC3AA

[Daniel Webber @danwebberfx]

Fantastic set of conversations with Paysend's Exec Chairman Abdul M. Ama, CEO @Ronnie_Millar and Chief Strategy and US MD Jairo Riveros to understand the evolution of the Paysend business and where its going next.

Paysend started in the card to card cons…https://t.co/yIYZTWrW9x

[Daniel Webber @danwebberfx]

CBDCs are being developed globally to enhance cross-border payments. The development of CBDCs is expected to continue in 2023, although progress varies across countries. CBDCs are considered an alternative option for secure and cost-effective for cross-bo…https://t.co/Ybr4VMRdxV

[Daniel Webber @danwebberfx]

Great conversation with Nium's Prajit Nanu on the continued growth and evolution of the company as they eventually gear up for a planned IPO, likely in 2025.

With its most recent valuation of over $2bn and net revenue jumping from c.$31m in 2021 to over…https://t.co/lLOAy1hP9H

[Daniel Webber @danwebberfx]

Great conversation with Nium's Prajit Nanu on the continued growth and evolution of the company as they eventually gear up for a planned IPO, likely in 2025.

With its most recent valuation of over $2bn and net revenue jumping from c.$31m in 2021 to over…https://t.co/ukHyBxdoXe

[Daniel Webber @danwebberfx]

At FXC Intelligence, we are continuously developing our market sizing datasets, which cover various market segmentations including remittances and corporate flows. We shared new data on remittances flows last week, indicating significant growth from aroun…https://t.co/GMwAXUz05l

[Daniel Webber @danwebberfx]

Last week I was at Money20/20 Europe in Amsterdam, along with our Head of Commercial Ben Disley.

Lots of great conversations and great to see lots of interest in FXC Intelligence. My high-level takeaways from one of the biggest in…https://t.co/8hhPYGT1js https://t.co/hNVcjJwmFm

[Daniel Webber @danwebberfx]

Great second day so far at #money2020eu. Another great picture - standing tall with our friends at Barclays!

Sabry Salman Jenni Himberg-Wild Ben Parkinson

#fxcintelligence #fintech #banking #financialservices #growth #money2020 https://t.co/brpSddEum9

[Daniel Webber @danwebberfx]

De-dollarization continues as China's outbound volume of cross-border payments made in Yuan (RMB) overtook the dollar, now for a second month in a row.

The shift comes amid the context of the broader BRICS countries discussions on de-dollarization.

Wha…https://t.co/AG00KIV7Y7

[Daniel Webber @danwebberfx]

The use of artificial intelligence in payments is being mentioned in more and more payment companies' earnings calls. However, the way they are looking to apply AI differs greatly, indicating a shift in its usage. Generative AI tec…https://t.co/LfB245Ludr https://t.co/HEJn8366oI

[Daniel Webber @danwebberfx]

PayPal is reportedly considering selling its remittance brand Xoom, A PayPal Service eight years after buying the company for $890m.

PayPal may be refocusing its business Xoom may no longer be considered core to the offering. Since the excitement of the…https://t.co/gGBiefma7l

[Daniel Webber @danwebberfx]

With a new focus on high-value customers, Payoneer is continuing to drive growth. As a follow-up to the company's #Q12023 results, I spoke with @johncaplan, new CEO, and @beap_beap, new CFO, to discuss how this strategy is paying off.

In Q1, Payoneer rep…https://t.co/jrHa0EVBLY

[Daniel Webber @danwebberfx]

Looking forward to Money20/20 in Amsterdam in a few weeks. Message me if you'd like to meet and discuss the cross-border #payments industry, #remittances, #b2bpayments or any other industry trends or data across payments globally.

#fintech #money2020 #…https://t.co/gvH1CHNtvP

[Daniel Webber @danwebberfx]

Block has reported its Q1 2023 results, exceeding expectations with a 26% YoY increase in revenue to $5 billion and a 32% increase in gross profit to $1.7 billion. These increases were fuelled by strong revenue growth in both Square and Cash App, with Cas…https://t.co/JAA8nkxNaE

[Daniel Webber @danwebberfx]

I recently spoke with Remitly's CEO @matt_oppy about the company's growth drivers for #Q12023 and the recent expansion into the UAE.

Remitly is continuing to benefit from scale as it growth rates out perform market growth both ove…https://t.co/HqgL0XeqHN https://t.co/YJsrqpE7LY

[Daniel Webber @danwebberfx]

Our Cross-Border Payments Top 100 Companies Map has evolved as the industry has changed over the past five years. At FXC Intelligence, we analyse more than 15,000 companies to create the Cross-Border Payments 100: a definitive list…https://t.co/VPoHYSXuzc https://t.co/gaQjrrCr6U

[Daniel Webber @danwebberfx]

Euronet reported solid revenue growth of 10% YoY ($787.2m) in Q1 2023, with a 6% YoY increase ($339m) in its Money Transfer segment (including Ria Money Transfer and https://t.co/AyKZbnBXRB).

Adjusted EBITDA increased 17% to $92.8m and operating income g…https://t.co/57dQz7CANa