Fintech Industry News
A collection of Fintech latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
From informal to influential: Why township businesses are a growth market for fintech
Abram Juice Ndlovu, Supervisor: Kasi Sales at Altron FinTech. For years, township businesses have been viewed through a single lens: financial inclusion. The assumption has been that the role of fintech in these spaces is charitable, bringing the…
Energy Up With Oil Futures on Hormuz Optimism - Energy Roundup
Shares of energy companies ticked up alongside oil futures. Oil futures rose 11 cents to $68.69 a barrel but retreated for the fourth consecutive week amid signs that Middle East energy exports were returning to prewar levels. The U.S. and Oman are…
U.S. Futures Down Slightly, European Stocks Mixed
U.S. futures for the S&P 500 were down 0.3% and futures for the Dow Jones Industrial Average decreased 0.1%. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 was flat in morning…
Do You Need To Be A Cannabis Consumer To Be A Good Cannabis Marketer?
A pro-cannabis activist smokes a joint at a protest against the Thai government's proposals to reinstate cannabis on the list of narcotics outside the United Nations building in Bangkok on July 8, 2024. (Photo by Lillian SUWANRUMPHA / AFP) (Photo…
IQM, Europe's first public quantum company, admits the future of the tech is uncertain
IQM, a full-stack quantum company out of Finland, went public on the Nasdaq Thursday via a SPAC merger at a valuation of about $1.9 billion. But share prices didn't pop. They spent most the day below the IPO price — a lukewarm welcome. SPAC…
Summer Davos C-Suite Roundtable: A Curtain Raiser for APEC as Global Investors Align on the Future of the Greater Bay Area
Earlier this week, the South China Morning Post and the Hong Kong Investment Corporation Limited (“HKIC”) co-hosted a special SCMP C-Suite roundtable event, featuring a keynote address from the Honourable Paul Chan, Financial…
What 1 million keywords reveal about AI's impact on search
Search demand is shifting, not shrinking. Our analysis found that 29% of high-volume search demand is in decline, while nearly the same amount is growing elsewhere. Overall demand remains essentially flat because search behavior is being…
Pershing Square Initiates Quarterly Dividend
Pershing Square declared a quarterly cash dividend of 12.2 cents a share. It marks the company's first quarterly cash dividend since its initial public offering. The dividend is payable July 21 to shareholders of record July 13. The payout is equal…
Laris Growth Acquisition Seeks to Raise $200M in IPO
Laris Growth Acquisition filed to raise $200 million in an initial public offering. The blank-check company said it plans to offer 20 million units for $10 apiece, with each unit containing one share and one-half of one redeemable warrant. Each…
Sunoco, Energy Transfer, USA Compression Partners to Redomicile in Texas
A group of major energy companies is heading to the Lone Star State. Energy Transfer, Sunoco, SunocoCorp, and USA Compression Partners plan to move their businesses to Texas from Delaware, the companies jointly announced Thursday. Their…
Amiyaki Tei 1Q Net Y308.00M Vs Net Y272.00M
Amiyaki Tei Co. Ltd. (2753.TO) Japan 1st Quarter Ended June 30 GROUP 2026 2025 Revenue Y9.89 bln Y8.98 bln Operating Profit Y511.00 mln Y505.00 mln Pretax Profit Y538.00 mln Y524.00 mln Net Profit Y308.00 mln Y272.00 mln Per share Earnings Y15.02…
Stocks to Watch: Seer, Orthofix Medical, Halozyme Therapeutics
Seer Chief Executive Officer and Chair Omid Farokhzad offered to buy the company for $2.45 a share in cash, plus two contingent value rights. Shares surged 39%, to $2.25, after the bell on Thursday. Orthofix Medical said Medicare reimbursement…
Consumer Cos Down, Trimming Gains - Consumer Roundup
Consumer companies fell, trimming gains for the week, amid concerns about stock-market and labor-market stability. The sector initially gained after a tepid June jobs report alleviated fears about Federal Reserve rate plans. Some brokerages said a…
The Keys To Finding ROI Amid Pilot Purgatory
Saeed Amidi, Founder and CEO of Plug and Play. It wasn't long after the excitement over ChatGPT, Claude and other large language models (LLMs) that disillusionment set in. CEOs who had handed their IT and other business leaders…
China Gauge Signals Slightly Slower Growth in Services Activity
A private gauge showed China's services sector expanding at a slightly slower pace in June as new orders eased, though overall activity and demand remained robust. The RatingDog services purchasing managers' index fell to 54.1 in June from May's…
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