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…
Dubai fintech aims to set up in Dublin to enable expansion into EU market
The company has said these plans could see it hire up to 100 people. Qashio is a spending management company which allows businesses – especially the SME sector – to manage expenses and facilitate payments through software-enabled…
Another Fintech Bankruptcy: SMB Banking & Credit Card Startup Parker Files Chapter 7
Happy Mother's Day to my fintech and banking moms out there. It's also the two-year anniversary of end users in the Synapse/Evolve debacle having their funds frozen for those who celebrate! After ~10 weeks in Mexico (and two side trips to the…
What to Know About This Fund's $2.8 Million NCR Atleos Trim After a 61% Rally
On May 8, 2026, Villanova Investment Management disclosed in an SEC filing that it sold 66,746 shares of NCR Atleos (NATL +0.04%), an estimated $2.76 million transaction based on average first-quarter pricing. According to a SEC filing dated May 8…
Baillie Gifford Dumps 248,000 MercadoLibre (MELI) Shares Worth About $479 Million
According to a filing with the Securities and Exchange Commission dated May 8, 2026, Baillie Gifford & Co reduced its stake in MercadoLibre (MELI 12.69%) by 248,304 shares. The estimated value of the shares sold was $478.99 million, calculated…
These Billionaires Were Raised By Single Mothers
Some say that behind every great man is a great woman. In the case of these billionaires, it was actually a great mother who helped them defy the odds to join the three-comma club. At least 25 self-made billionaires were raised primarily by a…
Cyprus embraces digital finance amid shifting global landscape
The latest edition of Cyprus 4.0 examines how Cyprus' financial sector is adapting to rapid technological change, as banks, regulators and fintech firms respond to a global shift in how money is created, moved and managed. The transformation is no…
The hottest place for startups to strike a deal? The F1 paddock
Over cold drinks in the Florida heat, this TechCrunch reporter watched from the paddock as founders and investors — the rich and the richer — mingled in search of deals. Conversations barely paused, except for the occasional glance at…
SCHB and SPTM Are Both Excellent Broad Market Funds. Here's How to Choose.
The Schwab U.S. Broad Market ETF (SCHB +0.74%) and State Street SPDR Portfolio S&P 1500 Composite Stock Market ETF (SPTM +0.79%) both provide ultra-low-cost, diversified exposure to the United States equity market with nearly identical long-term…
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…
Blackstone CEO admits his first big investment loss nearly brought him to tears-but the lesson put him on a path to now being worth $47 billion
No matter how high someone climbs the corporate ladder or how many millions they earn, every business leader is still human. They're bound to stumble and make mistakes — even when steering some of the world's largest companies. Blackstone…
F m Investments LLC Invests $3.89 Million in Dave Inc. $DAVE
F m Investments LLC acquired a new position in shares of Dave Inc. (NASDAQ:DAVE - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 17,578 shares of the fintech company's…
Micron Technology, Inc. $MU Shares Sold by UNIVEST FINANCIAL Corp
UNIVEST FINANCIAL Corp lowered its position in shares of Micron Technology, Inc. (NASDAQ:MU - Free Report) by 8.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 89,618 shares of…
El Salvador's Bitcoin-Loving President Has Allegedly Frozen Assets of Local News Outlet
Salvadorean news outlet El Faro has reported that assets tied to two of its shareholders, including bank accounts and property, have been frozen. The outlet maintains that President Nayib Bukele ordered the action as retaliation for its…
Andrew Graham: Businesses ignore the need for AI fluency at their peril
Speaking two languages has long been essential for some leadership roles in Canada. Whether running for prime minister or leading a national airline, bosses have ignored bilingualism at their peril. Today, an arguably greater bilingualism…
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