HiPay Group SA Achieves Strong Revenue Growth

Hipay Group SA (FR:ALHYP) has released an update.

HiPay Group SA reports a 10.5% revenue increase in the first half of 2024 despite a modest payment volume growth of 1.3% amidst challenging economic conditions. The fintech firm attributes its strong revenue performance to a favorable mix effect primarily in the iGaming/Digital markets and the introduction of new payment methods. The company anticipates a full-year revenue growth of 6-9% and expects operating and net profitability to meet or exceed the levels of 2023.

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