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 SoFi's profit doubles on record loan, member growth
April 29: SoFi Technologies on Wednesday posted a first-quarter profit that had doubled as the fintech lender's loan originations and member growth reached record highs. Loan demand has picked up across lenders as U.S. consumers and the broader…
How a payments fintech uses AI to battle tariff refund chaos
Key insights: Tipalti upgraded its artificial intelligence tools, arguing it can help businesses manage tariff complications such as applying for refunds. What's at stake: The payments firm is trying to expand its relationship with clients by…
Best Fintech Stocks Worth Watching - April 29th
3 Stocks Well Below 52-Week Highs Poised for a Q4 Rebound Rocket Companies, Joint Stock Company Kaspi.kz, UP Fintech, Wealthfront, and PPDAI Group are the five Fintech stocks to watch today, according to MarketBeat's stock screener tool. Fintech…
Industrials Down on Energy Price Concerns -- Industrials Roundup
Shares of industrial and transportation companies fell amid concerns about the implications of an energy shock for profits and Federal Reserve policy. Fed Chairman Jerome Powell acknowledged there was 'vigorous debate' over the decision to retain…
Okura Industrial 1Q Net Y1.47B Vs Net Y1.25B
Okura Industrial Co. Ltd. (4221.TO) Japan 1st Quarter Ended March 31 GROUP 2026 2025 Revenue Y24.03 bln Y21.69 bln Operating Profit Y2.25 bln Y1.68 bln Pretax Profit Y2.22 bln Y1.68 bln Net Profit Y1.47 bln Y1.25 bln Per share Earnings Y130.54…
Stock Market Today, April 29: SoFi Technologies Drops After Flat Full Year Guidance Despite Beating Revenue Expectations
SoFi Technologies (SOFI 15.39%), a digital-first consumer finance platform, closed at $15.53, down 15.44% on Wednesday. The stock declined after Q1 results beat revenue expectations and the company reported strong member and product growth, but…
Energy Up With Oil Futures -- Energy Roundup
Shares of energy companies rose alongside oil futures after President Trump indicated that a blockade of the Strait of Hormuz would continue indefinitely. Globally traded Brent oil futures rose 6.1% to $118.03 a barrel, closing within 0.3% of their…
SNDL Quarterly Revenue Dented By Soft Liquor, Cannabis Market Conditions
SNDL's earnings were held back in the first three months of the year market by softness across its businesses and operating territories. The Canadian liquor and cannabis retailer recorded a narrowed net loss of 9.9 million Canadian dollars (US$7.2…
Truist Financial Raises Sensata Technologies (NYSE:ST) Price Target to $43.00
Sensata Technologies (NYSE:ST - Get Free Report) had its price objective hoisted by analysts at Truist Financial from $38.00 to $43.00 in a research note issued on Wednesday, Benzinga reports. The brokerage presently has a 'hold' rating on the…
Your Bank Is Becoming A Casino: River CEO Frames Bitcoin As The Alternative
Bitcoin 2026 speaker Alex Leishman used his Nakamoto Stage talk, titled “We're Not Fixing Money to Build More Casinos,” to deliver a sharp warning that modern finance is drifting toward a gambling model and away from basic banking.
Mitsui O S K Lines FY Net Y213.26B Vs Net Y425.49B
Dow Jones Newswires is a market-moving financial and business news source, used by wealth managers, institutional investors and fintech platforms around the world to identify trading and investing opportunities, strengthen advisor-client…
High Roller Technologies Taps Muller to Head Applied AI
High Roller Technologies created a new position as part of its increased investment in applied artificial intelligence in support of its planned U.S. prediction markets launch. The online gaming and prediction markets company appointed Nicholis…
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Communications Services Slip on Retreat From Consumer Sectors -- Communications Services Roundup
Communications services slipped as traders retreated from consumer-oriented sectors due to the ongoing spike in oil futures. Federal Reserve Chairman Jerome Powell warned that stubbornly high gas prices would likely crimp consumer spending in other…
Nihon Shokuhin Kako FY Net Y1.17B Vs Net Y1.53B
Nihon Shokuhin Kako Co. Ltd. (2892.TO) Japan Year Ended March 31 GROUP 2026 2025 Revenue Y62.99 bln Y62.70 bln Operating Profit Y1.25 bln Y1.20 bln Pretax Profit Y1.57 bln Y1.91 bln Net Profit Y1.17 bln Y1.53 bln Per share Earnings Y238.55 Y310.56…
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