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The Latest Breaking News from fintech

Should You Scoop Up This AI Fintech Stock Before It Joins the Russell 2000?

The stock is set to join the coveted small-cap index in July.

Barchart

Billionaire Jack Ma-owned London fintech WorldFirst faces tribunal over harassment claim

An employee of billionaire Jack Ma-owned WorldFirst is taking it to an industrial tribunal over claims of harassment and discrimination after the London fintech was contacted by the information regulator over issues with data practices, the Standard can reveal.

Evening Standard

Top Fintech App Development Companies that Should be on Your Radar

In today's digital age, the financial sector is rapidly evolving, and fintech applications are at the forefront of this transformation.

inkl

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Investors Beware: 3 Financial Stocks

The financial services sector is poised for strong growth due to global economic trends and the adoption of advanced fintech solutions. However, not all financial stocks are positioned to benefit from these trends due to various challenges across the sector. Investors should be cautious of fundamentally weak stocks like UWM…

StockNews.com

The ex-Square exec who bought a bank

"It’s such a weird thing to say, yes, I own a bank. I went and bought a bank."

Fortune

London fintech Curve apologises over terms of service error

The firm said it would not permit transactions blocked by underlying payment sources

Evening Standard

Fintech firm Payactiv—valued at over $500 million in 2020—is seeking a minority investor

Payactiv provides technology that allows employees to access their wages before scheduled paydays.

Fortune

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Fintech firm pivots to porn and gambling

London fintech Curve completed a £133 million series-C funding round last year. How is it using the money to grow?

Evening Standard

Crypto Wallet Recovery Firms In High Demand Amid Bitcoin Boom

Cryptocurrency market surge leads to increased demand for wallet recovery services from fintech firms, offering specialized assistance to investors facing ...

Top News

Bitcoin Will Enter New Price Discovery Phase Post-ETFs

Bitcoin is the most prominent cryptocurrency, with a market capitalization of $1,279.36 billion (as of March 4, 2024).

inkl

Chart of the Day: Dave Gets Fintech

The Chart of the Day belongs to fintech company Dave (DAVE) . I found the stock by using Barchart's powerful screening functions to find stocks with the highest technical buy signals, highest Weighted Alpha, superior current momentum and having a Trend Seeker buy signal then used the Flipchart feature to...

Barchart

Exclusive: Plenty raises $5 million to take on 'patriarchal' fintech apps

Emily Luk and Channing Allen are the married cofounders behind Plenty.

Fortune

Embattled Robinhood Reports Staggering 224% Spike In Q1 Crypto Notional Trading Volume

Robinhood has just unveiled its Q1 2024 earnings, highlighting how its embattled cryptocurrency unit played a major role in the fintech giant's overall profits during the first quarter.

International Business Times

3 Financial Stocks Building Quality Gains in May

The financial services sector is set for robust growth due to global economic trends, rising adoption of advanced fintech solutions, supportive government policies, and business digitalization. Hence, investors could consider buying quality financial stocks like FirstCash Holdings (FCFS), World Acceptance (WRLD), and Regional Management (RM). Read on.

StockNews.com

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Top News

Robinhood Crypto Receives Wells Notice From US SEC

Robinhood Crypto faces potential SEC enforcement action over undisclosed concerns. The outcome could have significant implications for the fintech industry.

International Business Times

El Salvador Inspired? Jack Dorsey's Block Unveils New Monthly BTC Buying Strategy

A day after the release of a report that alleged Block was being investigated for non-compliance in its Square and Cash App units, the company's founder unveiled a new Bitcoin strategy that will see some of the fintech firm's profits being invested into the digital asset.

Barchart

This Growth Stock Got Butchered After Q1 Earnings: Time to Buy?

SoFi stock crashed after its Q1 earnings report earlier this week. However, this fintech looks like a growth stock worth buying, considering the attractive risk-return equation.

International Business Times

US Prosecutors Probing Jack Dorsey's Block For Non-Compliance At Cash App, Square: Report

Jack Dorsey's Block is once again under fire, and this time, for alleged non-compliance at the fintech company's top units: Square and Cash App.

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Evening Standard

Paddle founder quits as chair after stepping down as CEO

The co-founder of Paddle has quit the board of the London fintech firm a year after stepping down as CEO.

Top News

Bitcoin Price Drops Below ,000 Amid Fed Rate Concerns

Bitcoin's price drop below ,000 due to Federal Reserve rate concerns impacts fintech and crypto markets.

Barchart

Can SoFi’s Q1 Earnings Help to Reverse the Slide in Its Stock?

SoFi will release its earnings on Monday. Is the fintech stock a buy now after collapsing almost 21% in 2024?

Top News

Nasdaq Revenue Surpasses Expectations With Fintech Product Demand

Nasdaq's impressive financial results driven by fintech demand and innovation position it for continued success in the market.

Evening Standard

Monzo's 'Flex' card helps it build 20% stake in Buy Now Pay Later market, research finds

Monzo’s ‘Flex’ card has helped the London fintech build a 20% stake in the UK’s Buy Now, Pay Later market, new research has found.

Radio France Internationale

Number of African-born millionaires to skyrocket over next decade: report

Africa’s millionaire population is expected to rise by 65 percent within the next 10 years, accordig to the 2024 Africa Wealth Report, published this week.

Barchart

Block vs. Affirm: Which Buy Now, Pay Later Stock Does Wall Street Prefer?

With consumers stretched by inflation, demand for BNPL is expected to remain high, benefiting BNPL stocks like SQ and AFRM. Here's a look at what Wall Street expects for these two fintech names.

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