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 And Banking Converge In Capital One's $5.15 Billion Brex Deal
When Capital One agreed to pay $5.15 billion for fintech startup Brex, it was more than a headline-grabbing check. The cash-and-stock transaction underscores a paradigm shift in financial services: the most successful fintechs are becoming too…
French fintech Pennylane raises €175M
Paris-based fintech Pennylane has just pulled off one of Europe's most noteworthy funding rounds of the year, announcing €175 million in new capital to accelerate its push into artificial intelligence and expand its footprint across the…
Capital One to Buy Fintech Brex for $5.1 Billion in Cash, Stock
Capital One Financial Corp. agreed to acquire Brex, a financial-technology company that focuses on corporate expense management and accounting, for $5.15 billion. The bank plans to buy closely held Brex for roughly 50% cash and 50% stock, McLean…
Exclusive | Capital One Strikes $5.15 Billion Deal for Fintech Brex
has agreed to buy the fintech Brex for $5.15 billion in cash and stock, according to people familiar with the matter, in a deal that would give the credit-card issuer more firepower with corporate clients. The privately held Brex, founded nearly a…
Cyprus-based fintech rides record year for stablecoin adoption
Cyprus-based INXY Payments has reported a sharp global acceleration in stablecoin adoption across multiple industries, as the Limassol-headquartered fintech revealed that it had surpassed $2 billion in annual transaction volume. The company said…
Capital One to acquire payments fintech Brex in $5B deal
Key insight: Capital One will expand its business payments capabilities by acquiring Brex for $5.15 billion in cash and stock. What's at stake: Brex offers corporate card services, expense management and payments solutions for businesses…
PayPal seeks an AI edge by buying e-commerce fintech Cymbio
Key Insights: PayPal has agreed to acquire AI-technology firm Cymbio. What's at Stake: Agentic AI is still relatively new, but payment companies and banks are developing strategies to reach consumers and merchants. Forward Look: Cymbio's team will…
UP Fintech (NASDAQ:TIGR) Shares Down 5.3% - Here's Why
UP Fintech Holding Limited (NASDAQ:TIGR - Get Free Report)'s stock price fell 5.3% during trading on Thursday. The stock traded as low as $8.62 and last traded at $8.6150. 3,474,125 shares traded hands during mid-day trading, a decline of 32% from…
Top Fintech Stocks To Add to Your Watchlist - January 22nd
3 Stocks Well Below 52-Week Highs Poised for a Q4 Rebound Rocket Companies, UP Fintech, Joint Stock Company Kaspi.kz, Wealthfront, Society Pass, Quantum FinTech Acquisition, and DeFi Development are the seven Fintech stocks to watch today…
FDIC Approves GM, Ford Industrial Banks for Vehicle Accounts - TT
The FDIC headquarters in Washington. (Mark Gomez/Dreamstime/TNS) [Stay on top of transportation news: Get TTNews in your inbox.] The federal government has given General Motors Co. and Ford Motor Co. conditional approval to create industrial banks…
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5 Things to Know Before the Stock Market Opens
Stock futures are pointing to a slightly lower open while gold continues to hit record highs; Intel stock is sinking after the chipmaker's first-quarter forecast was softer than expected; TikTok has completed a deal that will allow it to continue…
2026: The Year Friction Leaves Banking
For bank leaders and business owners navigating a fast-changing landscape, 2025 delivered an unmistakable lesson: resilience builds strength. The institutions that acted with clarity, adapted quickly, and stayed anchored to client's needs didn't…
Capital One Acquires Brex: A $5 Billion Bargain Or Mistake?
Henrique Dubugras, co-founder and chief executive office of Brex Inc., speaks during TechCrunch Disrupt 2019 in San Francisco, California, U.S., on Wednesday, Oct. 2, 2019. TechCrunch Disrupt, the world's leading authority in debuting revolutionary…
Looking For Negatives In This Bull Market
Economic expansion remains robust, with Q3 growth revised to 4.4% and consumer spending accelerating, supporting continued stock market strength. Labor and housing markets are stagnant, but powerful tailwinds from consumer spending and market…
Climate-driven insured losses up 7%: Swiss Re
Swiss Reinsurance Company Ltd. estimates that inflation-adjusted insured losses from natural catastrophes are rising by 5% to 7% annually, FinTech Global reported. Senior industry figures and Günther Thallinger of Allianz SE have said that…
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