Repay's Third-Quarter Revenue Nearly Doubles
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AI-assisted source synthesis · not an independent investigation.
The latest report shows that Repay's third-quarter revenue rose to $153.4 million, nearly double the same period last year. The report also notes that the company's net loss widened to $10.4 million. The available report does not provide specific figures for the previous revenue or loss, nor does it explain the reasons for the revenue growth and wider loss; therefore, the progress that can currently be confirmed is that third-quarter revenue grew significantly while the net loss also widened.
AI-written from reports · updated 9 hours ago
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- Digital Transactions NewsRepay's third-quarter revenue rises to $153.4 million, alongside several other digital payments industry updates
Repay's third-quarter revenue was $153.4 million, nearly double the same period last year, while its net loss widened to $10.4 million. CryptoPay will replace one-time payment cards with QR code payments through a partnership with MagTek; Sage is partnering with Mastercard and Adyen to support its debit card business in European markets. Buckeye State Bank will adopt CorServ's card-issuing technology.
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