Co-movers

daily closes · 499dMethod

Moved together

RPAYwithV

×0.10co-movement · V on RPAY · 499d

r 0.28scale to r 0.75

Shared co-movers1with RPAYwith V

GPNGlobal Payments Incr 0.43r 0.55

RPAY, solidV, hatched× = co-movement · βr = correlationBar = r to r 0.75Order: weaker of A and BSource: daily closes

RPAYRepay Holdings Corp

4.67+1.95%

Mkt cap$411.6MRevenue$93MQ2 FY26Revenue$299MFY25

VVisa Inc.

426.05+3.01%

Regular sessionNov 2 '26

Mkt cap$738.0BRevenue$11.6BQ3 FY26Revenue$40.0BFY25

vs

Compare

Regular sessionNov 2 '26

RPAYRepay Holdings Corp

vs

VVisa Inc.

4.67+1.95%

Price

426.05+3.01%

$411.6M

Mkt cap

$738.0B

Q2 FY26$93M

Revenue

$11.6BQ3 FY26

FY25$299M

Revenue

$40.0BFY25

RPAY compared with V: revenue, margins and what each company keeps, and the suppliers and customers both name