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The Latest Breaking News from fintech

MSME lender FlexiLoans raises $90 million

BENGALURU: MSME-focused lending startup FlexiLoans.com has raised nearly $90 million from Denmark-based PE firm MAJ Invest, UK-based fintech investor Fasanara Capital, and the family offices of Harry Banga and Yogesh Mahansaria, along with many existing shareholders such as Sanjay Nayar, chairman of private equity firm KKR India. The funds will…

The Times of India

Bank of England chief economist Huw Pill says fintech will not displace cash

He said many entrepreneurs were reliant on credit cards and not equity investment to get started.

Birmingham Post

China's Ant Group launches digital bank ANEXT in Singapore

BEIJING: China's Ant Group, a financial technology (fintech) giant controlled by billionaire Jack Ma, on Monday said it has launched a digital wholesale bank incorporated in Singapore, dubbed ANEXT Bank.

Bangkok Post

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T.N. sets its sights on fintech and aerospace

The government is establishing a fintech city and trying to bring in more investments into aerospace hub and Defence Corridor

The Hindu

Alibaba's Ant Undergoes Major Board Reshuffle, Names Hong Kong Bourse Boss As Independent Director

Alibaba's Chinese fintech giant Ant Group has appointed Hong Kong Exchanges and Clearing chairman Laura Cha as an independent director, according to a recent website update.

Benzinga

Cathie Wood Scoops Up $1.2M More In This Crypto-Linked Fintech On The Dip

Cathie Wood-led Ark Investment Management on Wednesday further raised its exposure in Coinbase Global Inc (NASDAQ: COIN) as it scooped up 17,382 shares, estimated to be worth $1.19 million, in the cryptocurrency exchange.

Benzinga

Top News In Fintech And Beyond For June 2, 2022

👉 Top Things To Know In TradeFi:

Benzinga

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Blue Ocean Technologies' CEO Says 24-Hour Stock Trading Is Coming

Benzinga, a media and data provider bridging the gap between retail and institutional investors, will be bringing back its annual Global Fintech Awards event to New York City on Dec. 8, 2022.

Benzinga

Option Alpha Founder And CEO On 'Giving People The Tools To Automate Their Trading'

Benzinga, a media and data provider bridging the gap between retail and institutional investors, will be bringing back its annual Global Fintech Awards event to New York City on Dec. 8, 2022.

Benzinga

Abra CEO Talks Consumer-Facing Crypto, Problems To Solve And UST Stablecoin

Benzinga, a media and data provider bridging the gap between retail and institutional investors, will be bringing back its annual Global Fintech Awards event to New York City on Dec. 8, 2022.

Benzinga

Grab Loses Two Top Fintech Veterans Amid Its Business Restructuring: Reuters

Grab Holdings Limited (NASDAQ:GRAB) lost two top executives in its fintech business, adding to other senior departures as the Southeast Asian ride-hailing and delivery firm rejigs the critical unit at the loss-making group, Reuters reports. Chris Yeo, who headed Grab's payments and rewards business and has been with the company for nearly…

Benzinga

Stripe Resumes Crypto Push Drawing Inspiration From Block, PayPal

Payments company Stripe Inc looks to give customers access to Bitcoin (CRYPTO: BTC)four years after suspending support for the cryptocurrency, Bloomberg reports. Stripe collaborated with crypto startup OpenNode to help its customers to accept Bitcoin payments through a new app. Stripe customers will be able to convert incoming payments and any amount of…

Benzinga

Wells Fargo Lists Its Picks In the Fintech Universe - See Which Stocks Made the Cut

Wells Fargo analyst Jeff Cantwell's top five fintech companies were WEX Inc (NYSE: WEX), FleetCor Technologies, Inc (NYSE: FLT), Fidelity National Information Service

Benzinga

Should You Buy dLocal Stock After the Fintech Company Reported Record Q1 Results?

Shares of Uruguay-based payments platform dLocal (DLO) soared double digits last week, thanks to its impressive fiscal first-quarter earnings report. However, as Latin American countries battle economic headwinds, will DLO be able to maintain its growth trajectory in the near term? Read more to find out.

StockNews.com

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Birmingham Post

Leeds fintech firm PrinSIX set to tackle financial exclusion through new platform

The PrinSIX Enterprise Platform aims to level the playing field for the more vulnerable in society

Benzinga

Detroit-Based TiiCKER, Benzinga Announce Partnership To Level-Playing Field, Better Engage Investors

Fresh after a sale to Toronto-based private equity firm Beringer Capital, Benzinga, a media network and data platform, and TiiCKER, a fintech specializing in investor relations, announced a new partnership agreement.

Benzinga

Why American Banks Must Offer Crypto Services To All Consumers — Or Risk Losing Out To Fintechs And Foreign Banks

By Dave Donovan Executive Vice President at Publicis Sapient

Benzinga

Top News In Fintech And Beyond For May 20, 2022

👉 Top Things To Know In TradeFi:

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Evening Standard

Deutsche Bank backs London fintech MarketFinance

London fintech MarketFinance has bagged cash from Deutsche Bank to support a £100 million fund lending to small businesses.

Benzinga

Crypto Experts Predict Death Of Shiba Inu By 2030

A panel of 36 fintech specialists believes that Shiba Inu (CRYPTO: SHIB) will be completely worthless by the year 2030.

Benzinga

Social.Trade Updates 'All-In-One Platform', Adds Options Flow And More Brokers

Social.Trade announced updates to its platform that is disrupting the way investors engage with each other and markets. The development comes as the broker-agnostic social trading fintech looks to add to its user's edges. Traditional social trading platforms force traders to manually type out and share their trades with followers.

Roll Call

Robinhood on Volatility, Regulation, and the New Retail Investor - Roll Call

Robinhood Chief Legal Officer Dan Gallagher joins Fintech Beat on changes in the economy and regulation mean for the company.

Benzinga

Tencent Misses Q1 Revenue As Regulatory Crackdown Takes Its Toll

Tencent Holding Ltd (OTC:TCEHY) reported first-quarter FY22 flat revenue growth year-on-year to 135.5 billion yuan ($20.1 billion), missing the consensus of 141 billion yuan as China started approving gaming licenses. Revenues from VAS were stable Y/Y at 72.7 billion yuan. Domestic Games revenues decreased by 1% Y/Y to 33.0 billion yuan due to the…

Evening Standard

London ‘buy now, pay later’ startup Zilch heads to Miami with swipe at US credit cards

A London "buy now, pay later" start-up is opening up in Miami as the fintech tries to crack America.

StockNews.com

Wall Street Predicts Investing in These 3 Fintech Stocks Will Double Your Money

While fintech stocks have witnessed a significant decline lately as part of the broader market sell-off, rapid adoption of advanced technological solutions and rising demand for digital transactions make the industry’s prospects bright. So, Wall Street analysts believe fintech stocks StoneCo (STNE), Marqeta (MQ), and Bill.com (BILL) still have plenty…

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