Archive

Dive into a collection of past posts and rediscover timeless content.

American Express

Jan 12, 2025

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14 min read

A follow-up on American Express's growth aspirations

Can American Express deliver on their 10%+ revenue and "mid-teens" EPS growth aspiration?

Jevgenijs Kazanins

Capital One

Jan 5, 2025

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11 min read

Can Capital One challenge American Express?

Capital One's acquisition of Discover seems to be a done deal. This deal sets the stage for an exciting rivalry to follow

Jevgenijs Kazanins

Fiserv

Dec 29, 2024

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13 min read

Fintech rivalries to watch in 2025

Five Fintech rivalries that have a "plot twist" coming up in 2025

Jevgenijs Kazanins

Nov 24, 2024

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11 min read

Card payments in Europe are booming

In 2023, card payment volume in the EU grew by 10.7% YoY, up from 7.8% YoY in 2022. Who's capturing this growth?

Jevgenijs Kazanins

Fiserv

On the European merchant acquiring landscape

Oct 27, 2024

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14 min read

On the European merchant acquiring landscape

An attempt to understand who is who in the European merchant acquiring landscape

Jevgenijs Kazanins

Adyen

Sep 15, 2024

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11 min read

On Adyen suiting up

Adyen might have overestimated the power of its product and underinvested in its sales teams. As it turns out, even great products need to be sold.

Jevgenijs Kazanins

PayPal

Aug 25, 2024

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12 min read

The acquisitions that PayPal management doesn't talk about

PayPal spent $5.3 billion to acquire Zettle, Hyperwallet, and Paidy businesses, and now hardly mentions them on the earnings calls

Jevgenijs Kazanins

Square

Aug 10, 2024

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11 min read

What is going on at Square?

Square is lagging badly behind the competition in growth. Jack Dorsey’s return to the company might have something to do with it.

Jevgenijs Kazanins

Visa

Jul 28, 2024

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18 min read

What Visa earnings really tell us

Can we draw any conclusions about the payments industry from Visa's financial results?

Jevgenijs Kazanins

American Express

Jul 21, 2024

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15 min read

Why Discover is no American Express

American Express stock trades at much higher multiples than Discover. Here is my attempt to understand why.

Jevgenijs Kazanins

Archive

Dive into a collection of past posts and rediscover timeless content.

A follow-up on American Express's growth aspirations

Can Capital One challenge American Express?

Fintech rivalries to watch in 2025

Card payments in Europe are booming

On the European merchant acquiring landscape

On Adyen suiting up

The acquisitions that PayPal management doesn't talk about

What is going on at Square?

What Visa earnings really tell us

Why Discover is no American Express

Popular Fintech