EM digital payments infrastructure: Six companies spearheading the charge
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Digital payments infrastructure companies are the backbone of the new economy; lockdowns have accelerated digital uptake
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Scalable business models are delivering an attractive mix of double-digit top line growth and double-digit margins
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EM firms are trading at a steep discount to DM peers, despite arguably better prospects given weaker financial inclusion
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This report is independent investment research as contemplated by COBS 12.2 of the FCA Handbook and is a research recommendation under COBS 12.4 of the FCA Handbook. Where it is not technically a research recommendation because the subject of the research is not listed on any European exchange, it has nevertheless been treated as a research recommendation to ensure consistent treatment of all Tellimer's research. This report has been produced by the analyst(s) named above (the "Analyst").
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