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The Wake-Up Call for EU Fintechs from Worldline's $3.8 Billion Wipeout

The leading French-based payment processor Worldline, has sent ripples of concern through Europe's fintech sector by cutting its sales outlook. The announcement led to a more than 50% drop in the company's stock, erasing €3.8 billion from its market value and reducing it to around €2.7 billion. This comes amid increasing skepticism from investors about the fintech industry's sustainability, especially in Europe.Worldline' Sends Shockwaves Through European Fintech SectorAt first glance, Worldline... Read More

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Posted: Oct 26 2023, 08:12

Author Name: financemagnates

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