Fintech Industry News
A collection of Fintech latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
How SoFi Went From Fintech Darling To Wall Street Pariah
In late December 2017, Anthony Noto slipped into a San Francisco law firm's office for a confidential meeting. At the time, he was Twitter's chief operating officer and looking to level-up to become CEO of San Francisco's SoFi, a fast-growing…
Infinite Investment Systems Expands Foundational Financial Technology Services in Canada Through Acquisition of Paramax
TORONTO, June 16, 2026 /CNW/ - Infinite Investment Systems ('Infinite'), a leading Canadian provider of wealth management and investment operations technology, today announced the acquisition of Paramax Solutions Inc., a Canadian provider of…
Former California fintech board member sentenced for $248M fraud scheme that led to bankruptcy
A former board member of a California financial technology company that marketed itself as being environmentally driven was sentenced to prison for 14 years for defrauding lenders and investors of more than $248 million, according to the U.S.
S'pore fintech Arki Finance gets MAS licence to serve mass affluent investors
SINGAPORE – Retail investors in Singapore who have moved beyond basic products but do not yet qualify for private banking will soon be able to access institutional-style investment portfolios offered by Arki Finance. The Singapore-based…
Fintech firm Chronograph secures over $140m from Sixth Street Growth
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Cyprus Business Now: startups, tech, IMF, fintech, Hormuz, competitiveness, jobs
Presenting the report's findings in Nicosia, University of Cyprus economics professor Sofronis Clerides, who led the research team responsible for the study, said that competitiveness can no longer be measured solely in economic terms. He explained…
Turtlemint Fintech to launch ₹883-crore IPO on Jun 19; sets price band at ₹144-152/share
Insurtech firm Turtlemint Fintech Solutions will launch its initial public offering (IPO) worth up to ₹883 crore on June 19 seeking to raise fresh capital and provide an exit route to existing shareholders. The price band has been fixed at…
Forbes Daily: The Startup Trying To Build Floating Data Centers At Sea
Newly-public SpaceX wants to put data centers in space—but there may be a better and cheaper option: the sea. Backed by Peter Thiel, Portland, Oregon startup Panthalassa has been developing floating data centers that generate their own…
The Strategic Mistake Global Brands Make When Entering GCC Markets
Yasir Zahoor Rather is the Managing Director at Insights Dubai, a leading digital marketing and growth agency in the Middle East. The Gulf Cooperation Council (GCC) is one of the most compelling growth stories in the global economy right…
How Agentic AI Could Fix The Mortgage Industry's Biggest Bottleneck
Gregorio Patiño Zabala, Co-Founder at Pragma. With a disparity between the digital front end and the manual back end of underwriting and closing, the mortgage life cycle needs to be rethought through an agentic lens. Since I began…
Anthropic export ban sounds alarms for AI industry
The White House move to restrict access to Anthropic's latest AI model — using what is known as export controls — could harm the long-term financial prospects of the entire U.S. AI industry. Why it matters: Anthropic and OpenAI's…
China's Alipay gets AI-agent overhaul to challenge rivals Tencent and ByteDance
Ant Group has unveiled the biggest overhaul of Alipay in two decades, transforming its ubiquitous mobile-payment app into a native AI platform with autonomous agents, as it strives to dominate China's next-generation internet gateway. A trial…
China signs up 26 financial institutions to digital yuan cross-border payment platform
China's digital yuan operation centre signed direct participant agreements with 26 financial institutions in Shanghai on Tuesday, aiming to expand low-cost, efficient cross-border payments and advance global adoption of the Chinese currency. SCROLL…
BIP.Verco to Challenge Traditional Climate ROI at Sustainability LIVE: The Leadership Summit
London, 16 June 2026 – BIP.Verco will host a workshop examining whether the business case for climate action is broken at Sustainability LIVE: The Leadership Summit (a BizClik Media event) during London Climate Action Week on 25 June. The…
Sustainability LIVE Announces Final Week to Register for The Leadership Summit
Jim Andrew, Chief Sustainability Officer at PepsiCo will join the stage at London Climate Action Week 2026 London, 16 June 2026 - Sustainability LIVE: The Leadership Summit heads to London Climate Action Week next week, bringing together global…
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