Jupiter's De Blonay: Europe's untapped payments potential

Three reasons why payments 'status quo' will not last

Guy de Blonay of Jupiter Asset Management

Guy de Blonay of Jupiter Asset Management

European payment stocks had a good year in 2019, with most players in the sector seeing a decent rise in their share price.

In our view, there is no reason to think this year should be any different. Even if there was to be an increase in economic volatility in 2020, as many observers argue, we expect the fundamental backdrop to remain favourable as the two structural drivers that underly the growth of the industry are still firmly in place. These are: • The global shift from cash to electronics payments (notably cards) is far from complete. Industry estimates suggest that more than 70% of transactions are still settled in cash in the eurozone (versus close to 40% in the UK and close to 30% in the US). ...

To continue reading this article...

Join Investment Week

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now


Already an Investment Week


More on Europe

Industry Voice: T. Rowe Price's 2022 Midyear Market Outlook summary

Industry Voice: T. Rowe Price's 2022 Midyear Market Outlook summary

Transitioning to a new paradigm

Ritu Vohora, Investment Specialist, Capital Markets at T. Rowe Price
clock 23 June 2022 • 2 min read
Equity funds managed to stay in positive territory with €2.9bn of new net subscriptions

Morningstar: European fixed income funds suffer €16.5bn net outflows in May

Equity funds remained in positive territory

clock 23 June 2022 • 1 min read
Amazon shares are down 40% from its peak

Growth stock pickers feel like 'a kid in a candy shop'

'It is time to go shopping'

clock 22 June 2022 • 4 min read