Euronet Worldwide Inc New Product Announcement Conference Call Transcript

Nov 17, 2021 / 02:00PM GMT
Michael J. Brown - Euronet Worldwide, Inc. - Chairman, CEO & President

Welcome, everyone. Thanks for coming. By now, you most likely read our press release announcing the launch of our latest product called, Dandelion, a one-stop shop with the largest and most strategic real-time cross-border payment network in the world, and it's available today. This is a big deal, and I can't wait to tell you more about it. I'm extremely excited because we are launching something really useful that solves a big problem for a lot of the people in the world.

We are bringing to market a global real-time cross-border payments network serving more than 4 billion accounts across the globe. And by next quarter, we expect to deliver real-time payments to countries representing more than 80% of the global GDP. We are connecting a market that covers $155 trillion, yes trillion, in cross-border payment flows. That's why this is huge. Sometimes, you see fintechs that have solutions in search of a problem. We have a solution that solves for a big global problem for businesses and consumers.

Now before I get

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