The Latest Breaking News from fintech

Should You Buy SoFi Stock Now or Wait?

Shares of financial services company SoFi Technologies (SOFI) have plummeted more than 60% in price year-to-date, aggravated by the recent FedEx warning spurring recession fears and causing a broad sell-off in fintech stocks. However, given Biden’s announcement on lifting the student loan repayment moratorium, is it wise to buy the…

StockNews.com · Sep 19, 2022

Capita shares surge on £150 million fintech sale

It’s the latest effort by Capita to slim down operations and pay off large sums of company debt

Evening Standard · Sep 16, 2022

ASPS touts SCB's strong outlook

Siam Commercial Bank (SCB), Thailand's oldest lender, is viewed as an outstanding stock to watch given its fintech business expansion and high-yield lending services, according to Asia Plus Securities (ASPS).

Bangkok Post · Sep 11, 2022

With inflation soaring, reliance on credit to meet monthly expenses has increased for 62% in India: Survey

NEW DELHI: Soaring inflation in India has pushed up expenses sharply. A survey by fintech major BankBazaar said nearly 62% of people have been relying on credit to meet their daily expenses, while savings have gone down for almost 80% of India's salaried class.

The Times of India · Sep 7, 2022

Saudi Central Bank Facilitates Entry of Fintech Companies into Kingdom’s Market

The Saudi Central Bank (SAMA) on Wednesday announced that it has updated the Framework of its Regulatory Sandbox. The move is part of its efforts to achieve several national strategic goals by promoting the regulatory sandbox's involvement in the Financial Sector Development Program (FSDP), a key objective of the Saudi…

Asharq Al-Awsat · Sep 1, 2022

1 Fintech Stock to Avoid Right Now and 2 to Buy

Continued digitization of businesses and financial transactions would drive the fintech industry’s growth. However, economic uncertainties and geopolitical headwinds have weighed heavily on investors’ sentiment surrounding fintech stocks. So, this may be the right time to offload fundamentally weak fintech stock Block (SQ) and load up promising industry participants Everi…

StockNews.com · Aug 31, 2022

Grab, Singtel join Singapore’s digital bank battle next week

Grab Holdings Ltd and Singapore Telecommunications Ltd plan to roll out a banking app next week, joining tech giants like Jack Ma’s Ant Group Co in taking advantage of the country’s fintech liberalisation.

Bangkok Post · Aug 31, 2022

New coding academy launched to address FinTech skills gap in Wales

The programme has already helped 28 people to become front and back-end developers including ex-PGA golfer Richard King

Birmingham Post · Aug 30, 2022

County Durham's Growth Capital Ventures leads £695,000 investment into fintech firm Finexos

Finexos has received the funding to drive its platform that aims to improve access to credit for millions of people

Birmingham Post · Aug 25, 2022

Does Fintech Darling Affirm Holdings Still Deserve a Spot in Your Portfolio?

Fintech firm Affirm Holdings (AFRM) became one of the investor darlings during the height of the pandemic thanks to the remote lifestyles. However, the stock is trading more than 80% below its 52-week high. Is it wise to add AFRM to your portfolio as the company reported better-than-expected earnings and…

StockNews.com · Aug 24, 2022