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The Latest Breaking News from fintech

London fintech Wise accused of ‘inappropriate’ controls over Russia financial sanctions

A £250 rule-break, while small, was considered a “moderately severe” breach, according to the sanctions watchdog

Evening Standard

Buy the Dip in This High-Quality Fintech Stock

SoFi stock has gained 83% in 2023, but continues to trade 66% below its all-time highs. Here's why this fintech stock remains a good buy today.

Barchart

Swedish fintech Klarna booms in Europe as demand up by a quarter in the UK

Swedish fintech Klarna is booming in Europe as shoppers turn to Buy Now, Pay Later products amid inflationary pressure and high interest rates.

Evening Standard

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London fintech Zopa returns to P2P lending market as losses narrow

Zopa has quietly re-entered the peer-to-peer lending market where it originally made its name after ditching its P2P subsidiary last year, the Standard can reveal.

Evening Standard

Dutch fintech Adyen loses $13 billion in market value after revenue miss

Revenue growth was hurt by pricing competition and inflation

Evening Standard

Mobile money in Ghana isn't all good news: customers are paying a hefty price

Fintechs, notably mobile money, have transformed banking and finance in developing and emerging economies in Africa and beyond. Financial technology (better known as fintech) is used to describe new technology that seeks to improve and automate the delivery and use of financial services.

The Conversation

This Buy-Rated Fintech Stock Has Over 50% Potential Upside

Looking to invest in Fintech? In this article, discover 3 buy-rated Fintech stocks.

Barchart

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Former Brex duo raises $5 million for new, pre-revenue A.I. agent startup meant to help fintech teams scale

AJ Asver and Miguel Rios-Berrios closed the round for Parcha AI in mid-July—a mere two months after publicly launching the company.

Fortune

Regulators are cracking down on banks that cater to fintechs. Here’s how CFOs can prepare

Konrad Alt, a former regulator with decades of experiencing advising banks, warns fintech CFOs to de-risk from their partner banks as regulators close in.

Fortune

$33 billion startup Revolut cites ‘evolving regulatory environment’ in decision to end crypto service to U.S. customers

The decision follows the fintech firm's delisting of three tokens the SEC claimed were unregistered securities in its lawsuits against Binance and Coinbase.

Fortune

Nigel Farage can bank with us, boss of London fintech Pockit says as it unveils $10 million raise

The boss of a London fintech has said Nigel Farage would be able to open an account with them after it unveiled a fresh $10 million funding round.

Evening Standard

The 21 most powerful players in private equity

A new guard is (finally) emerging in private equity

Fortune

One Greylock VC's ‘overlooked’ A.I. investing strategy

He’s eyeing companies whose value is 80% in fintech or another sector, and 20% A.I.

Fortune

What Do These 3 China Stocks Have in Common? Quality and Smart Money Interest

The Chinese economy demonstrated immense resilience despite facing many challenges. This solidity is strengthened further by an array of initiatives deployed by the nation, which have the potential to fortify its financial terrain. Therefore, quality Chinese stocks Alibaba Group Holding (BABA), FinVolution Group (FINV), and LexinFintech Holdings (LX), owned significantly…

StockNews.com

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Kiplinger

Smart Money Management: The Best Trends and Tools

Trends and Tools for Smarter Money Management: Technology in Personal Finance

Barchart

How High Can Nu Holdings Stock Rise?

Nu Holdings is a fintech stock trading at a premium. But here's why it is one of the most compelling growth stocks in the world.

Barchart

How High Can Nu Holdings Rise?

Nu Holdings is a fintech stock trading at a premium. But here's why it is one of the most compelling growth stocks in the world.

Zenger

Cryptocurrency Market To Expand By $1,815.78M With 15.81% CAGR By 2027: Technavio

Increased investments, accessible wallets, and fintech spending drive growth; Web3 ecosystem at a critical juncture

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Zenger

Israeli Fintech Capitolis Donates Transactional Revenue To Community Service

Capitolis Connects program supports organizations in New York, London, and Tel Aviv

Evening Standard

London fintech Monzo preparing merger deal with Nordic rival Lunar

The mobile bank is also considering other acquisitions in Europe

Evening Standard

Fintech firms voice frustration as regulatory approvals plunge to fresh lows

Just seven applications were approved in the first quarter of 2023, in signs fintech firms face a near-impossible pathway to getting regulatory clearance to operate in the UK

Evening Standard

UK Fintech investment drops by more than a third

The fall is a much steeper decline than the 14% drop in total capital invested in Fintech globally

Bangkok Post

Chinese tech firms handed massive fines

BEIJING: Chinese regulators said on Friday they had fined the fintech giant Ant Group almost $1 billion for “illegal acts” and handed an affiliate of rival Tencent a $415-million penalty, adding that a long-running crackdown on technology companies was drawing to a close.

Kiplinger

Four Questions to Consider When Introducing Clients to New Fintech

To guide your clients toward a smooth adoption of useful fintech tools, ask these questions.

The Independent UK

Millennial Money: The credit-building road with alternative credit cards could be bumpy

So-called alternative credit cards from financial technology companies can offer you the opportunity to build credit when your options are limited, and they tend to lower or eliminate many barriers along that path

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