Fintech Industry News
A collection of Fintech latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
PayPal Is Yesterday's News. Is This Fintech the Better Buy?
PayPal Holdings was one of the first companies in what is now known as the financial technology, or fintech, industry. It had a great run, but more recently PayPal stock has been a disaster, falling 32% during the past three years. It has struggled…
East Africa's next fintech act
Joe Kiragu, Regional Director for East Africa at Sybrin. In just over a decade, East Africa moved from a landscape where millions lacked access to financial services to one where mobile money is woven into the fabric of everyday economic life.
Mercury Deploys Conversational AI Interface Across FinTech Platform
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GMT is acquired by Western Union for NIS 200 million
The Israeli fintech industry continues to deliver results, even during challenging times: The global company Western Union, the international financial services giant, is fully acquiring (100% of the share capital) the Israeli fintech company GMT…
Forget Walmart: This E-Commerce and Fintech Giant Is Growing 40% YoY and Is a Better Buy
MercadoLibre grew revenue 49% YoY in Q1 2026, trades at a PEG of 0.98, and sits 30% below analyst consensus. Walmart trades at 43x earnings while free cash flow turned negative and operating cash flow fell 12%. These are growth multiples being…
Industrials Up on Rotation From Tech - Industrials Roundup
Shares of industrial and transportation companies rose as traders rotated into the sector from the volatile tech area. General Motors entered talks with Lockheed Martin about making parts for the defense contractor's weapons. President Trump…
U.S. Futures Edge Up, European Stocks Mixed
U.S. futures for the S&P 500 were up 0.3% and futures for the Dow Jones Industrial Average climbed 0.1%. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 gained 0.1% in morning trading.
Broadridge Financial to Use Anthropic Models for Cybersecurity
Broadridge Financial Solutions joined Anthropic's Project Glasswing, an initiative aiming to use artificial-intelligence models to secure software and provide cyber defense. The financial-technology platform Broadridge plans to apply AI models to…
Futaba Industrial FY Net Y16.03B Vs Net Y6.21B
Futaba Industrial Co. Ltd. (7241.TO) Japan Year Ended March 31 GROUP 2026 2025 Revenue Y677.92 bln Y707.10 bln Operating Profit Y18.72 bln Y15.18 bln Pretax Profit Y20.84 bln Y13.28 bln Net Profit Y16.03 bln Y6.21 bln Per share Earnings Y179.33…
Credo: The AI Connectivity Winner Emerges (NASDAQ:CRDO)
Credo revenue surged 206% to $1.3 billion, driven by explosive AI infrastructure connectivity demand growth. Gross margins exceeded 68%, while non-GAAP net margins surpassed 50% in the fiscal fourth quarter. Optical transition is expected to drive…
UniQure Shares Soar on Go-to-Market Plan
Shares of UniQure surged in premarket trading after the company said it would seek regulatory approval to bring its investigational gene therapy to market as a treatment for Huntington's disease. The stock was up 75% at $47.30 ahead of Wednesday's…
UniQure to Seek FDA Approval to Market Huntington's Disease Drug
UniQure said it plans to apply for regulatory approval to market one of its primary investigational gene therapies as a treatment for Huntington's disease. During a recent meeting with the Food and Drug Administration, the agency told the company…
US SEC poised to allow stock token trading in potential market shakeup
US equity markets face a potential shakeup as the Securities and Exchange Commission readies a new policy that would allow crypto companies to offer blockchain-based stocks, analysts and lawyers said. SCROLL TO CONTINUE WITH CONTENT The crypto…
WeShop Names Maria Weaver as CEO
WeShop named Maria Weaver as chief executive. Weaver started her role on Monday and is also a member of the board, the social commerce company said Wednesday. She will succeed Paul Ellerbeck, who will continue to hold an operational role on the…
AstroNova to Be Taken Private by PE Firm in $272 Million Deal
AstroNova has agreed to be purchased and taken private by the private equity firm Arcline Investment Management in a deal valued at $272 Million. The data visualization and printing technology company said Wednesday that the deal calls for Arcline…
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