Recent Interviews

Dirk Graszt, CEO, Clean Logistics SE

Dirk Graszt
CEO | Clean Logistics SE
Trettaustr.32, 21107 Hamburg (DE)


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Matthew Salthouse, CEO, Kainantu Resources

Matthew Salthouse
CEO | Kainantu Resources
3 Phillip Street #19-01 Royal Group Building, 048693 Singapore (SGP)

+65 6920 2020

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Justin Reid, President and CEO, Troilus Gold Corp.

Justin Reid
President and CEO | Troilus Gold Corp.
36 Lombard Street, Floor 4, M5C 2X3 Toronto, Ontario (CAN)

+1 (647) 276-0050

Interview Troilus Gold: "We are convinced that Troilus is more than just a mine".

22. February 2021 | 09:23 CET

PayPal, Upco International, Square - Digital Payments: Continuing disruptive potential!

  • Online
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Mobile payments include all forms of cashless payment using mobile devices when shopping online or at traditional sales outlets. Digital payments subsume all transactions that are processed via the Internet and are directly related to online purchases. Various payment methods can be used, such as credit cards or online payment service providers like PayPal. According to Statista, the global volume of digital payments will amount to almost EUR 6,000 billion (!) in 2021, increasing a good 20% over the previous year. Mobile payments, in particular, still have huge potential. Worldwide, less than 1/5 of all users use cell phones for payments. Do you want to bet on the continuing high disruptive growth potential of the industry?

time to read: 3 minutes by Carsten Mainitz
ISIN: CA9152971052 , US8522341036 , US70450Y1038



Carsten Mainitz

The native Rhineland-Palatinate has been a passionate market participant for more than 25 years. After studying business administration in Mannheim, he worked as a journalist, in equity sales and many years in equity research.

About the author

PAYPAL HOLDINGS INC - The sky is the limit

PayPal Holdings is one of the major global providers of online payment services. The Company enables individuals and commercial users to secure payments through merchant websites and mobile payment devices.

Unsurprisingly, the Group is a big profiteer in online trading, which just gained momentum again during the pandemic. The Group released its numbers earlier this month and showed that the number of active accounts increased by about a quarter to 377 million. In total, the Company generated a revenue of USD 21.5 billion. Profit increased by 70% to USD 4.2 billion. With a market capitalization of USD 336 billion, the valuation is anything but moderate. Still, it is put into perspective because of even more highly valued competitors and also in comparison with the Company's growth targets.

Paypal wants to triple the transaction volume via the platform to USD 2.8 trillion by the end of 2025 and increase revenue to USD 50 billion. Growth drivers are to be new functionalities of the app in particular. These are to include cryptocurrency trading, the ability to trade stocks, and the management of overnight deposit accounts.

UPCO INTERNATIONAL INC - UpcoPay in the spotlight

Founded in 2014 and headquartered in Vancouver and New York City, the Company operates in two business segments: telecommunications and digital services. In its core business, Upco operates as a licensed global telecom carrier in the international VoIP (Voice over IP) wholesale business - primarily in niche markets. The second pillar comprises "digital services."

In particular, the latter area created some fantasy with UpcoPay, a proprietary blockchain-based solution for payment services, and triggered an impressive share price increase in the last week. With a corporate announcement last week, the Company reported the departure of Sebastiano Massimo Galantucci from the Board of Directors after only 9 months in office. This announcement is unusual too as it is just before the publication of the annual results and the holding of the Annual General Meeting. The Company also confirmed at this time the high strategic importance of UpcoPay and its marketing in Europe. With this secure and convenient solution, direct payments can be made between individuals and between individuals and merchants.

The core of the investment case is the potential associated with UpcoPay and the transformation from an existing customer base into a new application. Central to this is the proof-of-concept, which the Company says will be delivered in Europe this year.

SQUARE INC - everything is relative

The US fintech Company Square, Inc. aims to establish an ecosystem for payments and transactions for both the commercial sector (sellers) and private customers. The Group will report tomorrow on the results of the past fiscal year and formulate operational goals.

The Cash App solution showed strong growth in recent quarters. The platform also allows users to trade and store bitcoin, which has significantly increased business development momentum in Q4 and should continue in the current year. It is from this high-margin and highly scalable business that the fantasy for the stock comes. Market experts estimate the relevant market size at around USD 40 billion. Even if the seller solutions' corresponding market should be three times as large, significantly lower margins are achieved here.

The development of scalable digital ecosystems delights stock market investors. They are prepared to pay many times the revenue or profit for this - if it is available at all. At a current valuation of USD 125 billion, a lot of growth is already priced into the stock. In the past year, the Company is likely to have made a loss of around USD 90 million. If everything goes well, the Company can then post a profit of USD 50 million next year. Value investors will certainly frown at a sales multiple of 10, and a 2021 P/E ratio of over 2,000 (!) is likely to cause more stomachaches. But the stock market values the future. Whether investors are currently paying too much for this will be seen in time.


Carsten Mainitz

The native Rhineland-Palatinate has been a passionate market participant for more than 25 years. After studying business administration in Mannheim, he worked as a journalist, in equity sales and many years in equity research.

About the author

Conflict of interest & risk note

In accordance with §34b WpHG we would like to point out that Apaton Finance GmbH as well as partners, authors or employees of Apaton Finance GmbH may hold long or short positions in the aforementioned companies and that there may therefore be a conflict of interest. Apaton Finance GmbH may have a paid contractual relationship with the company, which is reported on in the context of the Apaton Finance GmbH Internet offer as well as in the social media, on partner sites or in e-mail messages. Further details can be found in our Conflict of Interest & Risk Disclosure.

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14. December 2020 | 12:22 CET | by André Will-Laudien

Delivery Hero, DoorDash, wallstreet:online, Alibaba: Where profits now beckon

  • Online

While Germany is back in lockdown mode, speculative investors are traditionally scuffling their feet between the current and new year. Thin turnover provides fertile ground for one or two holiday gambles - this is likely to remain the case even during the crisis. Even if it currently looks like the overall market is running out of steam a bit as the year draws to a close, there are still stocks with great potential. One classic lockdown stock is Delivery Hero. In the past year alone, the value has increased by almost 120%. But what are the chances today?