HiPay dropped nearly 10% after the payment solutions company announced annual sales up 11% to 65.5 million euros, but with stagnation in the fourth quarter alone due to a higher basis of comparison.

Buoyed by its ongoing growth momentum, the fintech posted an increase in payment volumes for the full year 2023 of +27% compared with 2021, and +11% compared with 2022.

HiPay reports continued strong growth in omnichannel payments, with sales of POS transactions up 36.5% for the year compared with 2022.

Copyright (c) 2024 CercleFinance.com. All rights reserved.