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The Latest Breaking News from fintech

Get Ahead of the January Effect With These 2 Fintech Stocks

See why Robinhood and SoFi are top fintechs heading into 2025. Learn how their metrics and performance could drive gains in the January Effect market rally.

MarketBeat

'We Stopped Hiring!': FinTech CEO Reveals How AI Replaced Hundreds of Employees in a Year

Klarna has embraced AI, which has resulted in job cuts. Other tech giants, such as Google, IBM, and BT Group, have also adopted AI, reducing their workforces.

International Business Times UK

The fintech company that collapsed and took $90 million of people’s life savings with it

One woman had $280,000 disappear after the collapse of a fintech company. She only ended up getting $500 back

The Independent UK

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FinWise Bancorp’s CEO Talks Strategy Behind Fintech Success

FinWise Bancorp's strategic fintech focus and unwavering commitment to compliance have fueled exceptional growth and a stock price surge.

MarketBeat

ServiceTitan shares soar 40% after IPO, defying market drought that its founders say can be overcome by companies with 'durability'

In one of 2024’s few tech IPOs, ServiceTitan’s shares jumped nearly 40% on its first day of trading.

Fortune

Top Mexican fintech firm leaks details on 1.6 million customers

Leading Mexican fintech startup leaked 1.7 million people's ID cards and selfies.

TechRadar

What true financial inclusion looks like

A dignity-first approach to financial inclusion can fundamentally transform financial services

Salon

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FinVolution (FINV) vs. Qudian (QD): Which Fintech Stock Is More Promising?

The fintech industry is anticipated to be bolstered by advancements in digital payments and AI-powered solutions. Amid this, let’s compare fintech stocks FinVolution (FINV) and Qudian (QD) to analyze which stock is more promising. Read on to find out….

StockNews.com

Three Fintech Winners That Rocked In Q3

For much of this year, global fintech activity has remained strong, largely driven by increased consumer demand and small enterprises side-stepping high-street banking systems amid a high interest rate environment.

Benzinga

Jack Ma Makes Rare Appearance At Alibaba Fintech Event Stresses On AI Revolution

Jack Ma Returns to Ant Group's 20th Anniversary Celebration After Three Years Jack Ma made his first public appearance at Ant Group's 20th anniversary event, marking his return after the 2020 IPO setback. He expressed optimism about the future of Ant Group, which is pushing forward with AI innovations and…

Benzinga

Is SoFi Really Destined To Become The American Express Of Fintech?

The US fintech market is still in its infancy, but SoFi Technologies (NASDAQ:SOFI) appears to be stealing a march on its rivals amid a whirlwind second half of 2024. Could the personal finance firm really become a dominant force in the industry's future?

Benzinga

Exclusive: Fintech unicorn Stash laid off 40% of its workforce after CEO left

The company has had two major layoffs in 2024 and says it’s now cash-flow positive.

Fortune

Citi Says This Warren Buffett Stock Is a Sell, Here's Why

With Warren Buffett’s partial exit and growing skepticism from analysts like Citi, this fintech darling is facing mounting doubts about its future growth potential.

Barchart

$XRP And Soon $RLUSD – How Ripple Became The Crypto Comeback Story Of 2024

Ripple was at the center of a legal storm in the past four years as the SEC hounded the fintech company over alleged securities violations over its $XRP sales, but in the past month, the company bounced back in what could be the biggest recovery of the year.

International Business Times

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Latin Times

Brazil's Largest Cartel Is Laundering Drug Money Through A Fintech Company And Public Transport Contracts

The PCC's operations stretch across five continents and has some 40,000 members

Benzinga

An Analyst Sours On Upstart Stock But Says SoFi Tech Could Become 'American Express' Of Fintech

JP Morgan analyst Reginald L. Smith notes strong market cap growth for fintech stocks in 2024, but remains cautious due to valuation concerns.

Benzinga

$3 Trillion Opportunity: Infineo Chief Economist Discusses Blockchain And The Future Of Life Insurance

Chief economist Dr. Robert Murphy of infineo discussed blockchain's evolution in life insurance and finance at the Benzinga Fintech Awards. He highlighted infineo's efforts to digitize the industry and promote transparency. He also expressed optimism for regulatory clarity and predicted further integration of real-world assets onto the blockchain.

Benzinga

Cannabis Fintech POSaBIT Systems Q3 Revenue Plunges Amid Temporary Processing Disruptions, But Gross Profit Margins Surge

POSaBIT Systems Corporation (OTCQX:POSAF), a provider of payments and point-of-sale infrastructure for the cannabis industry, reported Tuesday its financial results for the three months ended Sept. 30, 2024. Revenue for the quarter was $4.08 million, reflecting a 70% year-over-year decline primarily due to temporary disruptions in transaction processing, which has…

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Benzinga

From Hedge Funds To Retail: How Advanced Trading Platforms Are Going Mainstream

Tickblaze aims to make advanced trading tech available to retail traders, reflected in its participation at Benzinga Fintech Awards. Partnerships and collaborations drive growth strategy, with a focus on democratizing market solutions for all.

Benzinga

'Reach A Four-Digit Audience': Expanding Fintech Opportunities In The Digital Age

Financial technology professionals connected and shared strategies at Benzinga Fintech Deal Day. Cashman highlighted the value of virtual platforms in reaching broader audiences and building sustainable solutions.

Benzinga

'We Want To Work With As Many Banks As Possible': The Next Steps For Earned Wage Access

Rob Nardelli shared insights on embedded finance at Benzinga Fintech Deal Day, highlighting the importance of bank partnerships. Future developments may further integrate fintech and banking solutions to improve financial accessibility.

Barchart

Attention Long-Time SoFi Technologies Shareholders: Thursday's Unusual Options Activity Could Guide Your Next Investment Move

Title: Summary: SoFi Technologies had the third-highest Vol/OI ratio in Thursday’s options trading. It was one of 20 unusually active options for the fintech growth stock. If you bought SOFI stock at the 2022 lows, it could be time to get protective. $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$ A couple of interesting economic data points...

Barchart

Up 882% YTD, Is It Too Late to Buy This Fintech Stock?

A recent guidance boost from DAVE propelled the stock even higher.

Barchart

Is This Fintech Stock a Buy Before Its Q1 Earnings Release?

Intuit is a high-quality fintech stock with growing potential.

Fortune

Asia's fintech firms see the Middle East as their next target market due to low competition

The CEO of StashAway, a Singapore digital wealth management platform, sees the same opportunities in the Middle East as he saw in Singapore eight years ago.

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