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The Latest Breaking News from fintech

London fintech firms recruit thousands more staff as they set course for expansion

Britain’s biggest fintech firms are recruiting thousands of new staff, fresh research has found, in signs the industry is charting a course for major expansion. More than three thousand job vacancies in fintech were advertised in the first three months of this year, according to data from Morgan Mckinley and…

Evening Standard

The Fed hits Evolve bank with order over fintech troubles

The U.S. central bank has issued an enforcement action against Evolve Bank & Trust for failing to comply with anti-money-laundering, risk management, and consumer compliance programs.

Fortune

Wise shares tumble as forecasts disappoint analysts

London’s largest listed fintech today saw its biggest-ever single-day share drop after a surge in profits was eclipsed by an earnings forecast that fell short of analyst expectations.

Evening Standard

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FTSE 100 Live 13 June: Crest Nicholson and Wise shares slide after results, index lower

Crest Nicholson and the fintech Wise are in the City spotlight following results-day punishment for their shares.

Evening Standard

3 Fintech Stocks Revolutionizing Financial Services

Fintech is causing a revolutionary shift in the financial services market and this could be the right time to scoop up fundamentally strong fintech stocks like PayPal Holdings (PYPL), NerdWallet (NRDS), and Qifu Technology (QFIN). Read more.

StockNews.com

The importance of Hardware Security Modules (HSMs) strategy explained

Deploying HSMs in the financial sector isn't just about compliance; it's foundational for customer confidence.

TechRadar

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

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Fintech New Issue Already Leads Industry In Profit Growth

Fintech stock Kaspi.kz is in a base as it approaches its all time high of 136.17. The recent new issue has an ideal EPS Rating.

Investors Business Daily

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

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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Evening Standard

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?

Top News

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 ...

inkl

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).

Barchart

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...

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Fortune

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

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

International Business Times

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.

StockNews.com

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.

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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