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The Latest Breaking News from fintech

London fintech Kriya lands new finance facility to fund £1 billion business customer payments

London fintech lender Kriya has secured a new £50 million finance facility as it marks the latest stage of its rapid international expansion.

Evening Standard

3 Consumer Financial Stocks Worth Your Watch

The consumer financial industry is undergoing a remarkable surge in technological advancements, largely fueled by the expansion of digital banking. Therefore, it might be an opportune time to load up the shares of three consumer financial stocks, Visa Inc. (V), Grupo Supervielle S.A. (SUPV), and EZCORP, Inc. (EZPW), for potential…

StockNews.com

London fintech news site AltFi shuts for business

London-based fintech news website AltFi has shut for business, the company announced today.

Evening Standard

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Hyderabad fintech NBFC raises $75 million

Hyderabad-based fintech NBFC, Vivifi India Finance, raises $75 million for business expansion and financial services extension.

The Hindu

It's a question of time before the UK gets its own Bitcoin ETFs

City Voices: Just as London played host to successful fintech pioneers such as Starling and Monzo, so equivalent success for digital assets firms can now happen

Evening Standard

TIDCO announces e-auction of developed vacant plots in Fintech city

TIDCO announces e-auction of developed plots in Fintech City, Chennai, offering prime real estate for BFSI/Fintech companies.

The Hindu

Paytm posts narrower loss as payments business grows

Paytm trimmed losses in the latest quarter after the Indian fintech company cut some costs and scaled up services to small merchants.

The Times of India

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Zilch opens major new office as London fintech charts course for expansion ahead of potential IPO

London fintech Zilch is today moving into shiny new offices in Victoria as the buy now, pay later business gears up for major expansion ahead of a potential IPO later this year.

Evening Standard

India among most vibrant fintech hubs: WEF study

Releasing the report during its Annual Meeting 2024 in Davos, the World Economic Forum said fintechs are increasingly expanding operations across borders, mainly in the same region as their headquarters.

The Hindu

UK Fintech Sector Secured More Funding Than 28 European Nations Put Together in 2023

Riding on the success of the UK firm Rapyd which raised £235 million, the UK fintech sector continues to be a leader in fintech funding despite a decrease in the number of deals secured in 2023 by over 100.

International Business Times UK

US lawmakers push SEC for cybersecurity fix after account hack

US lawmakers are calling on the SEC to enhance its cybersecurity measures following a high-profile hack. The move aims to protect investors and bolster tru...

Top News

‘Build for Billions’ accelerator for fintech startups unveiled in Telangana

DLabs at ISB launches ‘Build for Billions’, a fintech startup accelerator for addressing challenges faced by startups focussed on solutions for informal sector.

The Hindu

South Korean Regulator Warns Against Local Bitcoin ETF Brokering

Learn about the potential illegality of brokering US Bitcoin ETFs in South Korea, as warned by a local regulator. Stay informed on fintech regulations.

Top News

Scotland's financial technology sector witnesses major jobs increase

SCOTLAND’S financial technology sector has seen a significant increase in jobs with more than 10,500 people now employed in the industry.

The National (Scotland)

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Top News

Circle Files for US IPO, Expanding Stablecoin and Fintech Reach

Stablecoin firm Circle has filed confidentially for a US IPO, signaling its intentions to go public and explore further growth opportunities in the fintech...

Top News

Bitcoin maintains price stability following regulatory approval of ETFs

Bitcoin maintains stability as regulators give approval for ETFs, signaling a positive shift for the cryptocurrency and the fintech industry.

StockNews.com

3 Rising Financial Stocks to Buy This Week

Fintech is rapidly transforming the financial industry landscape, creating new opportunities for institutions to build more inclusive and efficient financial services for enterprises and individuals. Hence, it could be wise to buy quality financial stocks FS KKR Capital (FSK), Regional Management (RM), and Manhattan Bridge Capital (LOAN) this week. Read…

Top News

Crypto Twitter Hack Raises Alarm Over X's Security Vulnerabilities

Account hack renewing spotlight on X's security: SEC investigates as the intersection of fintech, crypto, and ETFs faces new challenges. Stay vigilant!

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Fortune

Predictions from top investors on cybersecurity, crypto, and fintech for 2024

Term Sheet readers say what to expect this year in the private markets.

StockNews.com

3 Consumer Financial Stocks Signaling BUY in 2024

The consumer financial industry is experiencing a notable surge in technological advancements driven by the expansion of digital banking. In light of this, three consumer finance stocks, Global Payments Inc. (GPN), Visa Inc. (V), and Regional Management Corp. (RM), could be ideal buys this year. Read on….

Evening Standard

HSBC-backed London fintech Monese warns on its future after losses widen

The scale of the cash crunch facing London’s tech sector has been laid bare after City-based unicorn Monese warned that its future was under threat unless it could raise additional funds.

Barchart

Get Paid to Save: These 2 Fintech Companies Will Match Your IRA Contributions

Your financial planner might charge you a fee to manage your money - but these two fintechs are ready to shell out to convince you they're ready to manage yours.

The Guardian - UK

Fintech firm Revolut hit by £25m loss after hiring spree

Firm gave near 80% pay increase to founder despite uncertainty over approval of UK banking licence

Evening Standard

Revolut swings to £25 million loss as auditor says IT issues 'resolved'

The rosy audit opinion gets the London fintech a step closer to securing a banking licence

Evening Standard

London fintech SteadyPay's Russian ties

If you’re raising funds for a fintech start-up, where better to turn than the former boss of a Russian bank and the ex-finance director of a sports betting firm sanctioned by Ukraine?

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