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Onsdag 28 Oktober | 19:01:48 Europe / Stockholm

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Redeye

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Zwipe - Weak market activity within payment cards

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Zwipe - Weak market activity within payment cards

2023-04-26 07:21:00

Redeye argues that the Q1 operational update from Zwipe was weaker than we expected. Pilots for payment cards are developing slowly while the interest within access cards is promising but still not generating sales. We lower our financial estimates for the year and onwards which weighs negatively on our fair value range.

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This is a press release from Redeye - Research Powered Investment Banking. www.redeye.se/