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Business & Economics

Alphabet-backed fintech GoCardless halves losses, targets 2026 for debut profit

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Summary
Nutrition label

76% Informative

GoCardless reported a net loss of 35.1 million ( $43.8 million ) in the full year ending June 2024 .

CEO Hiroki Takeuchi said its aim is to post its first full-year profit in 12 to 18 months' time .

The London -based payments startup was last privately valued at $2.1 billion in February 2022 .

VR Score

84

Informative language

87

Neutral language

83

Article tone

informal

Language

English

Language complexity

41

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

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