Fintech Industry News
A collection of Fintech latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Fintech startup Parker files for bankruptcy
Parker, a well-funded startup offering corporate credit cards and banking services for e-commerce businesses, has filed for bankruptcy and is widely reported to have shut down. The startup was part of Y Combinator's winter 2019 cohort, and its…
Fintech Stocks To Follow Today - May 9th
3 Stocks Well Below 52-Week Highs Poised for a Q4 Rebound Rocket Companies, Joint Stock Company Kaspi.kz, UP Fintech, Wealthfront, IDT, PPDAI Group, and Nayax are the seven Fintech stocks to watch today, according to MarketBeat's stock screener…
Jonco Industries Recalls Certain White Cheddar Seasoning Products
Jonco Industries recalled certain white cheddar seasoning products including a Williams Sonoma-branded Popcorn Sampler Gift Box, joining several companies that took similar measures due to a California Dairies milk-powder recall. Jonco said it was…
The new CEO flex: Bragging about how much AI code your company shipped
Move over app downloads and EBITDA — the hot metric for CEOs is now AI productivity. In interviews and on quarterly earnings calls, CEOs are flaunting stats on how much code AI agents are generating. The trend began with AI companies like…
Nigerian Fintech Paga Expands Into Tokenized Bonds and Real Estate Through Sui Partnership
Paga partnered with Sui on May 7 to launch high-yield accounts and crypto rails for 1 billion people. Paga joins Flutterwave and Paystack in exploring blockchain for settlement, treasury and global payments Paga will use its $42 billion historical…
Tenaris Agrees to Buy Artrom Steel Tubes for $101M
Tenaris agreed to acquire Artrom Steel Tubes from U.S.-based GLGH Steel for 86 million euros, or about $101.4 million. Tenaris, itself a steel tube supplier, said the addition of Romania-based Artrom would expand its industrial pipe product range…
Chime Q1 Results: Growth Projections Disappoint, Downgrade To Sell (NASDAQ:CHYM)
Chime Financial remains volatile, recently dropping 17% despite stable Q1 2026 headline metrics. Q1 2026 results matched Q4: revenue was up 25%, active members were up 19%, and ARPAM was up 5%. CHYM exceeded the high end of revenue guidance and…
What Moved Markets This Week
Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Spotify. Up for a challenge? Test your knowledge on the biggest events in the investing world over the past week. Take the latest…
Robinhood Stock Has Dropped 32% This Year. Is the Bottom Finally In?
As of this writing, Robinhood Markets ' (HOOD +0.97%) stock price has fallen more than 32% in 2026. Part of that drop can be tied to an earnings report that fell short of expectations for some investors and alarmed others. There's one narrative to…
Top MBA Specializations for High Salaries in 2023
As the job market evolves, the value of an MBA degree is increasingly tied to specific specializations. This article explores the most sought-after MBA specializations for 2023, including Business Analytics, Finance, Digital Marketing, and Product…
How DeFi is changing the financial landscape for Latin Americans
For decades, Latin Americans have lived with financial constraints that citizens of more developed economies rarely think about: periodic currency devaluations, inflation shocks, limited access to credit and banking systems that often fail to…
Is Intuit Inc. (INTU) One of the Best American AI Stocks to Buy Now?
Intuit Inc. (NASDAQ: INTU) is one of the Best American AI Stocks to Buy Now. According to a May 4 report by Investing.com, TD Cowen reiterated a Buy rating on Intuit and set a stock price target of $633, citing survey results that support revenue…
Truist Financial Corp Sells 24,262 Shares of Microchip Technology Incorporated $MCHP
Truist Financial Corp lessened its position in Microchip Technology Incorporated (NASDAQ:MCHP - Free Report) by 12.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission.
Mothers Are Often Children's First Financial Teachers
Mothers Are Often Children's First Financial Teachers We have recently celebrated a major shift in financial education. 39 states now require personal finance as part of high school graduation requirements—a change that could help set…
Principal Financial Group Inc. Increases Stake in TTM Technologies, Inc. $TTMI
Principal Financial Group Inc. increased its stake in TTM Technologies, Inc. (NASDAQ:TTMI - Free Report) by 10.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 698,715…
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