Theme · live manifest · live theme JSON
Payments '24: Global Payments
12 tickers · $557.15B total market cap
Group: Payments
The Payments '24 theme is bullish, positioned for robust growth driven by accelerating global digital adoption, particularly in B2B and cross-border transactions, coupled with a favorable macroeconomic outlook and attractive valuations post-market correction. While regulatory scrutiny and intense competition persist, the secular tailwinds of efficiency and innovation are compelling.
Payments '24: Global Payments tracks 12 publicly listed stocks in this theme: ADYEY, BABA, CPNG, DLO, FLYW, GLBE, GPN, JMIA, KSPI, MELI, PAYO, SE. See the constituent table for details.
Thesis update: 2026-03-04
Constituents
Build 20260520T081747
| Company | Previous Quarter Report Date | Next Expected Report Date | Last Quarter Earnings Move % | Earnings Move % | Intra-Quarter Move % | Since Last Report % | Market cap | Weight |
|---|---|---|---|---|---|---|---|---|
Alibaba Group Holding LimitedBABA | 05/13/2026 (BMO) | 05/13/2026 (BMO) | -8.94% | 4.70% | 10.11% | -3.88% | $315.00B | 8.3333 |
MercadoLibre, Inc.MELI | 05/07/2026 (AMC) | 05/07/2026 (AMC) | -9.45% | -11.33% | 7.42% | -2.31% | $80.85B | 8.3333 |
Sea LimitedSE | 05/12/2026 (BMO) | 05/12/2026 (BMO) | -16.11% | 10.19% | -3.84% | -6.67% | $53.46B | 8.3333 |
Adyen N.V.ADYEY | 02/11/2026 (BMO) | — | -24.98% | — | 0.00% | — | $34.56B | 8.3333 |
Coupang, Inc.CPNG | 05/05/2026 (AMC) | 05/05/2026 (AMC) | 1.98% | -11.70% | 8.81% | -14.70% | $27.90B | 8.3333 |
Joint Stock Company Kaspi.kzKSPI | 05/11/2026 (AMC) | 05/11/2026 (AMC) | -6.27% | 0.56% | 17.41% | 3.75% | $17.04B | 8.3333 |
Global Payments Inc.GPN | 05/06/2026 (BMO) | 05/06/2026 (BMO) | 15.02% | 0.95% | -13.43% | -3.12% | $16.08B | 8.3333 |
Global-e Online Ltd.GLBE | 05/13/2026 (BMO) | 05/13/2026 (BMO) | 22.02% | -7.58% | -16.58% | 2.47% | $4.85B | 8.3333 |
DLocal LimitedDLO | 05/14/2026 (AMC) | 05/14/2026 (AMC) | -7.94% | -9.53% | -16.30% | -5.51% | $3.45B | 8.3333 |
Flywire CorporationFLYW | 05/05/2026 (AMC) | 05/05/2026 (AMC) | 14.41% | 23.14% | 12.99% | -9.59% | $1.92B | 8.3333 |
Payoneer Global Inc.PAYO | 05/07/2026 (AMC) | 05/07/2026 (AMC) | 1.17% | 6.17% | 17.13% | -6.98% | $1.61B | 8.3333 |
Jumia Technologies AGJMIA | 05/07/2026 (BMO) | 05/07/2026 (BMO) | -20.21% | 4.16% | -23.80% | -11.33% | $426.7M | 8.3333 |
| Average | -3.28% | 0.88% | -0.01% | -5.26% | $46.43B | 8.3333 | ||
| Median | -7.10% | 0.95% | 3.71% | -5.51% | $16.56B | 8.3333 | ||
| Std Dev | 14.02% | 10.10% | 13.85% | 5.27% | $84.32B | 0.0% | ||
| Min | -24.98% | -11.70% | -23.80% | -14.70% | $426.7M | 8.3333 | ||
| Max | 22.02% | 23.14% | 17.41% | 3.75% | $315.00B | 8.3333 | ||
| % Positive Tickers | 41.67% | 63.64% | 50.00% | 18.18% |
* Provisional value: before LstRpt% reaches its 2-day post-report lock window (BMO/AMC adjusted), EarningsPerf is calculated from current vs pre-report and then locks to final LstRpt%.