The Latest Breaking News from fintech

Addepar latest fintech to cut people

In addition to the job cuts, Addepar has seen some senior executives leave recently.

Fortune · Jan 17, 2023

Fintech firm Revolut assembles behavioural team after criticism of its corporate culture

Exclusive: Company denies creation of team to track overhaul is part of effort to secure UK banking licence

The Guardian - UK · Jan 16, 2023

After the asteroid: What’s next for fintech in 2023? - Roll Call

Steve McLaughlin, the founder and CEO of FT Partners, talks about what to look out for in fintech in 2023 and beyond.

Roll Call · Jan 12, 2023

FinTech West appoints senior Natwest and PwC leaders to board

The Bristol-based organisation was founded by firms operating in the city to bring together companies in the South West’s growing financial tech sector

Birmingham Post · Jan 6, 2023

EY to establish fintech research and technology hub in Bristol

The aim of the hub is to help "ramp up" capabilities in financial services design, data analytics and engineering

Birmingham Post · Jan 5, 2023

Is SOFI a Penny Stock You Should Want to Buy?

Financial services company SoFi Technologies (SOFI) recorded impressive growth across its business segments. However, the company’s losses widened, and analysts seem bearish about its earnings growth prospects due to its bleak fundamentals and the potential recessionary pressures. Thus, is it wise to buy this under $5 fintech stock? Read more…

StockNews.com · Jan 4, 2023

8 venture investors predict the top trends in fintech for 2023

Top VCs think that while valuations might have gotten overblown in 2022, there’s still plenty of opportunity to invest going forward. Here are the trends and companies they’re most excited about.

Fortune · Dec 28, 2022

India’s $50 billion fintech industry faces a tough 2023, Bain says

India’s $50 billion fintech industry will face hurdles in the form of tougher regulatory scrutiny and tighter liquidity leading to higher cost of capital for some companies next year, Rakesh Pozhath, partner at consulting firm Bain Company, said.

The Times of India · Dec 28, 2022

Small loans: microcredit means more people can borrow money – but more scrutiny is also needed

Undoubtedly, financial technology (fintech) is driving greater financial inclusion. Innovations are giving people more access to financial services through mobile and computing services, the internet, and payment cards. One of these services is microcredit: small loans for individuals and informal businesses.

The Conversation · Dec 20, 2022

London fintech Updraft raises £108 million to grow lending business

Lending firm Updraft today became the latest London fintech to ramp up its expansion plans after it completed a £108 million debt and equity raise to scale up operations.

Evening Standard · Dec 19, 2022