Fintech Industry News
A collection of Fintech latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Wise Group shares tank after U.S. bank charter rejected. What's next for the fintech.
Wise Group shares fell as much as 11% on Friday as the U.K.-headquartered, U.S.-listed fintech had its application for a national bank charter denied. Outright rejections are rare, though in 2021 another U.K. digital bank, Monzo, withdrew an…
The week in fintech: Revolut's raise, Francisco Partners' fund
• Revolut, the U.K.-based digital bank, is boosting its valuation to $115b in a recently launched secondary sale. It was valued at $75b in 2025. Go deeper • Corgi, an SF-based insurtech for underwriting AI risk, is raising at a $4b…
Promising Fintech Stocks To Watch Now - July 24th
Rocket Companies Turns Around, But Mortgage Risk Remains Rocket Companies, Joint Stock Company Kaspi.kz, IDT, UP Fintech, and Wealthfront are the five Fintech stocks to watch today, according to MarketBeat's stock screener tool. Fintech stocks are…
Cyprus fintech sector remains top cyber target despite botnet crackdown
A major international crackdown on botnet infrastructure has failed to reduce cyber risks facing businesses in Cyprus, according to new data released by cybersecurity company Qrator Labs for the second quarter of 2026. The report found that the…
U.S. Futures, European Stocks Rise
U.S. futures for the S&P 500 were up 0.2% and futures for the Dow Jones Industrial Average climbed 0.4%. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 climbed 0.2% in morning…
Crypto Marketing's Shift From Influencers To Clipping
Pudgy Penguins, by Toikido, are displayed at the 2023 Toy Fair, in New York's Javits Center, Monday, Oct. 2, 2023. (AP Photo/Richard Drew) Copyright 2023 The Associated Press. All rights reserved. 'In 2025, there was one influencer who we paid…
Flexible Finance applies for Utah-chartered industrial bank
Fintech Flexible Finance on Friday said it has applied to the Federal Deposit Insurance Corporation and the Utah Department of Financial Institutions to charter Flex Bank. The proposed Salt Lake City-headquartered bank will operate nationally…
Wise Suffers Setback In U.S. Expansion As Regulator Denies Bank License
Kristo Kaarmann is the billionaire cofounder and CEO of Wise. Wise's ambitions to deepen its presence in the U.S. suffered a setback after regulators rejected the fintech's application to become a national trust bank, citing concerns over its…
Canon Marketing Japan 1H Net Y22.61B Vs Net Y18.86B
Canon Marketing Japan Inc. (8060.TO) Japan Half-Year Ended June 30 GROUP 2026 2025 Revenue Y339.79 bln Y333.85 bln Operating Profit Y32.49 bln Y27.33 bln Pretax Profit Y33.21 bln Y28.05 bln Net Profit Y22.61 bln Y18.86 bln Per share Earnings…
Inbank appoints new Chief Technology Officer and changes Management Board composition
Following the announcement of changes to Inbank's operating model on 19 June 2026, the Inbank Supervisory Board has resolved to appoint Marten Meikop as Chief Technology Officer (CTO) and member of the Management Board, effective 10 August 2026. In…
Genco Says Advisers Are Engaging With Diana Over Latest Takeover Bid
Genco Shipping & Trading said its advisers are engaging with Diana Shipping over its most recent acquisition offer, marking a change of tone after the company rejected Diana's previous takeover proposals. 'Genco's advisors have engaged with Diana's…
Horizon Robotics' Volkswagen Partnership May Bring Billions More Yuan in Revenue -- Market Talk
0359 GMT - Horizon Robotics' partnership with Volkswagen may bring billions more yuan in revenue for the Chinese company over the next few years, Daiwa analysts write in a note. Licenses for its AI foundation model and brain processing unit as well…
Truist Financial Raises SoFi Technologies (NASDAQ:SOFI) Price Target to $18.00
SoFi Technologies (NASDAQ:SOFI - Get Free Report) had its price objective hoisted by investment analysts at Truist Financial from $17.00 to $18.00 in a note issued to investors on Friday, Benzinga reports. The firm currently has a 'hold' rating on…
Outlook Therapeutics Gains Following FDA Approval of Macular-Degeneration Drug
Shares of Outlook Therapeutics rose as the Food and Drug Administration approved the company's Lytenava for treatment of neovascular age-related macular degeneration. The stock was up 21%, to $1.60, late Friday. Shares hit a intraday high of $1.75…
AI sparks new wave of venture capital deals in SA
AI-native businesses are expected to attract more funding and create new acquisition opportunities for established companies. (Image source: iStock) South Africa's venture capital (VC) ecosystem is entering a new phase of maturity, fuelled by a…
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