International Revenue Growth
International revenue grew 96% year-over-year in Q3 2024, with notable achievements in Europe despite some delays in software integrations.
Increase in Processing Volumes
Processing volumes reached $1.123 billion in Q3 2024, a 31% increase from Q3 2023, with international volumes at $952 million.
Visa Direct Expansion
Expansion of Visa Direct integration to 13 countries, leveraging Visa's global network to fuel revenue growth.
Launch of NanoKard
Successfully launched NanoKard in Q3 2024, targeting high-demand sectors for high-margin processing opportunities.
Private Label Partnership
A new private label partnership went live, expected to generate licensing revenue starting December 2024.
Cost Reduction
Operating expenses decreased to $7.3 million in Q3 2024 from $9.1 million in Q3 2023, reflecting lower G&A and R&D expenses.