Fintech Industry News
A collection of Fintech latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
HK honors scientific excellence at 4th BOCHK Innovation Prize ceremony
Hong Kong celebrated its thriving innovation sector at the 4th BOCHK Science and Technology Innovation Prize Award Ceremony, organized by the Hong Kong Alliance of Technology and Innovation (HKATI) and sponsored by Bank of China (Hong Kong). SCROLL…
MercadoLibre (MELI) Releases Financial Results for Q1 2026
MercadoLibre, Inc. (NASDAQ: MELI) is one of the Best Long-Term Stocks to Buy Now for High Returns. On May 7, the company released its financial results for Q1 2026, with net revenues & financial income coming at $8,845 million, reflecting a rise of…
Could Upstart Stock Double in 5 Years?
Investors shouldn't doubt that Upstart (UPST 1.00%) is an innovative company. It has introduced what it believes is an upgrade to the traditional loan credit-rating system. The business leverages its machine learning and artificial intelligence…
Crypto and the Fed: State of Crypto
The Federal Reserve published the latest version of its proposal to create a 'skinny' master account, updating the proposal first published last December. In the same week, President Donald Trump signed an executive order directing the greater…
SoFi Stock Is Trading Near $16 With Earnings in the Past -- Last Chance to Buy Cheap?
At the end of April, SoFi Technologies (SOFI 0.19%) reported financial results for the first quarter, which ended on March 31. The digital banking powerhouse posted a 41% year-over-year increase in adjusted net revenue. And its adjusted diluted…
Is Now the Time to Buy MercadoLibre Stock After Hedge Fund Linonia Initiated a Position Worth Over $225 Million?
According to a May 15, 2026, SEC filing, Linonia Partnership LP initiated a new position in MercadoLibre (MELI 0.78%) during the first quarter, purchasing 130,261 shares. The estimated value of the trade is $251.28 million, calculated using the…
Global tech job losses: Is 'AI-washing' the new trend nobody wants to call out?
ANOTHER WEEK, ANOTHER round of tech sector job losses being attributed to the rise of AI. Meta has informed the Irish Government that it plans to cut up to 20% of its Irish workforce and 10% globally, roughly 350 of the company's 1,800 Dublin-based…
SoFi Technologies (NASDAQ: SOFI) Trades Near $14 as Digital Banking Growth Offsets Lending Pressure
SoFi Technologies Inc. (NASDAQ: SOFI) was trading at approximately $14 on Friday, May 22, maintaining a relatively stable position as the company's digital banking division continued to demonstrate strong growth that is partially offsetting the…
VC funding in Irish SMEs falls 58pc in Q1, IVCA finds
Notable rounds this past quarter include Neurent Medical, Aerska, Evervault, Circuit and XFuel. VC funding into Irish SMEs fell 58pc to €221.7m in first quarter of this year, finds Irish Venture Capital Association's (IVCA) quarterly Venture…
Empire FX, Taurex, 4XC, and More: Executive Moves of the Week
!'#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[/]^_'abcdefghijklmnopqrstuvwxyz{|} !'#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[/]^_'abcdefghijklmnopqrstuvwxyz{|} Taurex appointed Matthew Wright as its Global…
3 Cryptocurrencies to Watch as the Clarity Act Heads to the Senate
Crypto investors are about to get a lot more clarity on the Digital Asset Market Clarity Act ('Clarity Act'), and it could come as soon as July 4. That could have huge consequences for any cryptocurrency directly impacted by key provisions of this…
Why This Fund Sold $11 Million of BILL Stock Despite a $1 Billion Buyback Plan
On May 15, 2026, Light Street Capital Management disclosed a sale of 253,000 shares of BILL Holdings (BILL 1.03%), estimated at $11.32 million based on quarterly average pricing. According to the SEC filing dated May 15, 2026, Light Street Capital…
Corporate India's crisis economics rewrites B-School hiring; variable pay jumps to 40% killing old MBA formula
With barely six months left before final placements for the 2026–27 cycle begin, Rishab Sharma, a final-year MBA student at one of India's top business schools, is scrambling to learn supply-chain analytics, procurement operations and…
Revolut is rebuilding its revenue mix before anyone sees the S-1 ; OpenAI is paying for YC's next batch in tokens it prints itself
👋 Hey, Linas here! Welcome back to a 🔓 weekly free edition 🔓 of my daily newsletter. Each day, I focus on 3 stories that are making a difference in the financial technology space. Coupled with things worth watching & most…
Prospera Financial Services Inc Purchases 52,089 Shares of Micron Technology, Inc. $MU
Prospera Financial Services Inc boosted its position in Micron Technology, Inc. (NASDAQ:MU - Free Report) by 102.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund…
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