Fintech Industry News
A collection of Fintech latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
FinTechs Follow Corporate Clients Into Bigger Financial Relationships
Revolut, for example, is targeting FTSE 250 businesses as it seeks a larger role in corporate banking, where its penetration has trailed its business among smaller companies, the Financial Times reported Wednesday (Sept. 9). Revolut Business…
Revolut confirms customer data breach through fake government requests
British fintech Revolut confirmed that it disclosed sensitive customer information to an unauthorized third party after receiving fraudulent requests sent from a legitimate government agency email domain. The exposed data included customers'…
Chewy vs. MercadoLibre: Which E-Commerce Stock Is a Better Buy in 2026?
Investors often debate whether to prioritize specialized niche leaders or regional giants. Choosing between Chewy (CHWY -3.04%) and MercadoLibre (MELI -0.47%) requires deciding which growth engine is a better buy today. Chewy focuses on the…
Pentagon Awards Boeing $13.4B Air Force Contract Modification
The U.S. Air Force added $13.4 billion in potential spending to an existing contract with Boeing to add foreign military sales to the scope of work. The modification brings the total contract ceiling to $19.1 billion from $5.7 billion, the Defense…
Scholar Rock Gets FDA Approval of Isembyld for Spinal Muscular Atrophy
Scholar Rock said the Food and Drug Administration approved Isembyld, or apitegromab, for the treatment of spinal muscular atrophy. The drug was approved for adults and for children two years of age and older who are currently receiving a survival…
EverCommerce Increases Size of Repurchase Program
EverCommerce said its board approved a $25 million increase to the company's share-repurchase program, bringing the total authorization to $325 million. The program is slated to run through Dec. 31, 2027, the company added. The company has a market…
Olin Unit Gets $788M Contract to Supply Bullets to U.S. Military
Olin Corp. unit Olin Winchester was awarded a $788.3M contract to supply bullets to the U.S military, the Defense Department said. Under the terms of the deal, Olin Winchester would supply 5.56mm, 7.62mm and.50 caliber ammunition, with work…
Flux Power Operating Chief Mason to Step Down Effective Later This Month
Flux Power Holdings' Chief Operating Officer Jeff Mason has submitted his resignation, effective as of Sept. 25. Mason submitted his resignation on Sept. 8, Flux Power said in a Securities and Exchange Commission filing on Friday. A payment of…
Where Will SoFi Stock Be in 5 Years?
It's an understatement to say it's been a disappointing year for SoFi Technologies (SOFI +0.64%) investors so far. Despite the fintech company continuing to post strong results, its shares remain down for the year. Year to date, as the S&P 500 has…
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…
Jim Cramer Dismisses Grab Holdings (GRAB) as a $3 Spec
During the September 8 episode of Mad Money, a caller asked about Grab Holdings Limited (NASDAQ: GRAB), highlighting its Southeast Asian ride-hailing and food delivery model, growing fintech segment, and solid revenue figures. Jim Cramer commented:…
BRICS criticises unilateral tariffs, trade barriers, calls for WTO adherence
BRICS nations have voiced strong objections to the unilateral imposition of trade and finance-related measures, including tariffs and non-tariff barriers, asserting that such actions undermine global trade and contradict World Trade Organization…
Malaysia, Ethiopia eye stronger defence ties after Modi meet
Malaysia and Ethiopia have expressed their keenness for stronger defence cooperation with India on the sidelines of the BRICS Summit 2026, sources stated. Prime Minister Narendra Modi held a bilateral meeting with Prime Minister of Ethiopia Abiy…
ZEC Price Eyes $1,500 as Mining Profitability Surges
ZEC price has entered a volatile phase after recently reaching $1,300, but rising mining profitability is giving the asset another bullish angle. Zcash miner rewards sit near $2 million per day, far below Bitcoin's roughly $35 million, yet mining…
HYPE Price Eyes $100 After $28.8M Whale Accumulation
HYPE price has cooled off after facing rejection near $89 in early September, falling toward $78. The pullback looks less concerning with buyers continuing to accumulate, especially as one whale has been adding $HYPE almost every day. Over the past…
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