Fintech Industry News
A collection of Fintech latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
How Singapore Fintech iFAST Became A Regional Wealth Engine
L ong before fintech was a buzzword, Lim Chung Chun was bringing retail investors in Singapore online. In 1998, at the peak of the dotcom boom, he left his job as head of equity research at ING Barings Securities and two years later launched…
UK Fintech Lendable Pledges Personal Loans to Raise £500 Million
UK digital lender Lendable Ltd. is raising £500 million ($671 million) by selling securities backed by a portfolio of personal loans, a deal that would support its ambitions to push further into lending. The Goldman Sachs Group Inc. -backed…
SA fintech Float ready to test UK waters
South African card-linked instalment platform Float has expanded to the UK. South African card-linked instalment platform Float has launched its service in the UK, backed by the UK government's global entrepreneur programme. Launched in SA in 2021…
Brussels let one small country police Europe's fintech - and now that guard is backing away
A financial-technology firm serving customers in Lisbon, Warsaw and Berlin can be licensed, and supervised, entirely from Vilnius. One central bank, in a country of fewer than three million people, stands behind a large slice of the EU's fintech…
Crypto lender giant Aave rolls out vaults for yield-hungry fintech investors
Aave Labs is launching Stable Vaults, a product that lets fintech apps offer yield on stablecoins like USDC, USDT and GHO without users directly interacting with crypto infrastructure. The vaults automatically allocate deposits across approved DeFi…
Industrial Logistics Properties Trust Doubles Quarterly Distribution
Industrial Logistics Properties Trust's board has doubled the company's quarterly distribution to 10 cents from 5 cents. The new payout, equal to 40 cents a year, represents an annual yield of about 4.67% based on Wednesday's closing price of…
Digital Wallets: Shaping Financial Infrastructure In Emerging Markets
Pratik Khowala is Executive Vice President and Global Head of Transfer Solutions at Mastercard. Digital wallets were originally designed to make payments more convenient. Store your card details once and save a few seconds at checkout…
NYMEX Overview: Crude, Products Retreat Amid Latest US-Iran Escalation -- OPIS
Energy futures moved lower midday Thursday as markets assessed the latest exchange of military strikes between the U.S. and Iran and the implications for oil flows through the Strait of Hormuz. As of 11:30 a.m. ET, the August West Texas…
FanDuel Reportedly Had Bryce Harper Send Personal Video to Gambling-Addicted Customer -- Market Talk
Flutter Entertainment's FanDuel had Philadelphia Phillies star Bryce Harper send a personalized video message to a big-betting customer in 2024 after that customer had incurred steep losses, according to a report from the The Philadelphia Inquirer.
Indian Companies' Outbound M&A Strong Amid Geopolitical Risks, Driven by Diversification
Despite geopolitical tensions in West Asia, Indian companies are maintaining strong momentum in outbound mergers and acquisitions, driven by strategic imperatives like supply-chain diversification, free trade agreements, and market expansion, as…
Hokuyu Lucky 1Q Parent Loss Y44.00M Vs Loss Y43.00M
Hokuyu Lucky Co. Ltd. (2747.TO) Japan 1st Quarter Ended May 31 PARENT 2026 2025 Revenue Y9.04 bln Y9.04 bln Operating Profit (Y43.00 mln) (Y36.00 mln) Pretax Profit (Y54.00 mln) (Y43.00 mln) Net Profit (Y44.00 mln) (Y43.00 mln) Per share Earnings…
Chevron Signs New Western Australia Gas Deal With Alinta Energy
Chevron has signed a long-term deal with power retailer Alinta Energy for natural gas from its Western Australian operations. Under the agreement, Chevron will supply 46 petajoules of gas to Alinta over a five-year period from July 2027, the U.S.
Juntendo Co 1Q Parent Net Y365.00M Vs Net Y321.00M
Juntendo Co. Ltd. (9835.TO) Japan 1st Quarter Ended May 31 PARENT 2026 2025 Revenue Y11.96 bln Y12.25 bln Operating Profit Y552.00 mln Y472.00 mln Pretax Profit Y528.00 mln Y458.00 mln Net Profit Y365.00 mln Y321.00 mln Per share Earnings Y45.03…
Maxvalu Tokai Co 1Q Net Y1.63B Vs Net Y2.01B
Maxvalu Tokai Co. Ltd. (8198.TO) Japan 1st Quarter Ended May 31 GROUP 2026 2025 Revenue Y95.27 bln Y95.65 bln Operating Profit Y2.40 bln Y2.72 bln Pretax Profit Y2.49 bln Y2.81 bln Net Profit Y1.63 bln Y2.01 bln Per share Earnings Y51.19 Y63.03…
Takeuchi Mfg 1Q Net Y7.43B Vs Net Y7.42B
Takeuchi Mfg. Co. Ltd. (6432.TO) Japan 1st Quarter Ended May 31 GROUP 2026 2025 Revenue Y56.81 bln Y50.62 bln Operating Profit Y9.98 bln Y11.00 bln Pretax Profit Y10.51 bln Y10.41 bln Net Profit Y7.43 bln Y7.42 bln Per share Earnings Y160.84…
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