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HiPay Reports Strong Revenue Growth in 2024 Amid Economic Challenges

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HiPay Reports Strong Revenue Growth in 2024 Amid Economic Challenges

Hipay Group SA ( (FR:ALHYP) ) has provided an announcement.

HiPay Group SA reported a significant revenue increase of 13.4% in 2024 compared to the previous year, with notable growth in payment volume and point-of-sale transactions. The company exceeded its budgetary objectives with strong performance in digital markets and Southern Europe, and regained momentum in the French retail sector. Despite a challenging economic environment, HiPay’s unified commerce offer and expansion in markets outside France, such as Portugal, Italy, and Germany, contributed to its robust growth.

More about Hipay Group SA

HiPay is a global fintech company specializing in omnichannel payment solutions. It leverages payment data to provide merchants with a comprehensive view of their activities, contributing to their growth. HiPay is listed on Euronext Growth and operates in a dynamic and evolving sector.

YTD Price Performance: 45.01%

Average Trading Volume: 361

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €46.72M

For an in-depth examination of ALHYP stock, go to TipRanks’ Stock Analysis page.

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Questions or Comments about the article? Write to editor@tipranks.com
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