Fintech Industry News
A collection of Fintech latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Block's Bitcoin Thesis Dilutes Its Fintech Performance (NYSE:SQ)
We previously covered Block (NYSE: SQ) in July 2024, discussing the stock's underperformance despite the double beat FQ1'24 earnings results and raised FY2024 guidance, with the stock's FWD valuations also consistently moderated compared to their…
Dutch Neobank Bunq to Boost Workforce by 70%, Defies Fintech Job Cuts
Thursday, 12/09/2024 | 13:24 GMT by Jared Kirui The company is focusing on expanding into the US and UK markets by applying for banking licenses in these regions. Bunq's hiring strategy targets digital nomads by offering remote jobs. Dutch neobank…
Yudiz Solutions acquires majority stake in fintech firm 'ABCM App
With this strategic move, Yudiz aims to enhance its service offerings by leveraging its expertise in blockchain and artificial intelligence to revolutionize financial services. By combining the technological strengths of both companies, Yudiz is…
Senate Democrats take on fintechs and their partner banks
WASHINGTON — In two separate letters to regulators, several Senate Democrats Thursday criticized various aspects of the fintech industry, including banking as a service provider arrangements and buy now/pay later companies. Sens. Elizabeth…
Why this Canadian fintech leader is making Miami its new home base
For Miles Schwartz, co-founder and CEO of Zūm Rails, the recent decision to move to Miami was very simple. “I realized, wait, none of my clients live here in Montreal,” he told Refresh Miami. “Very few of the employees…
HTX Partners with IBEX to Expand Bitcoin Lightning Network in Emerging Markets
Thursday, 12/09/2024 | 20:46 GMT by Jared Kirui The partnership focuses on expanding cryptocurrency adoption in emerging markets by offering low-cost. Both companies will engage in co-branded marketing efforts and explore new market opportunities.
Top 8 Healthcare Revenue Cycle Automation Trends for 2025
The healthcare industry is undergoing a significant transformation, with automation playing an increasingly pivotal role in streamlining processes, enhancing patient care, and improving financial outcomes. As we look ahead to 2025, healthcare…
Revolut's Billionaire CEO Reaps Up To $300 Million In Share Sale
Our community is about connecting people through open and thoughtful conversations. We want our readers to share their views and exchange ideas and facts in a safe space. In order to do so, please follow the posting rules in our site's Terms of…
Is Bitcoin Primed for a Big Move? Coinbase Premium Hints at a Possible Breakout
Bitcoin has recently seen a 2.28% rise, climbing from a local low of $55,629 to $58,401. This recovery follows a sharp decline to $52,732, raising questions about whether Bitcoin will experience a sustained rally or face another dip. The situation…
Will the ECB Cut or Hold? Key Insights Ahead of the 12 September Meeting
Thursday, 12/09/2024 | 12:22 GMT by FM Eurozone annual inflation decreased to 2.2% in August 2024. However, core inflation remains stubborn, easing by just 0.1 percentage point from 2.9% to 2.8%. The ECB has kept its main refinancing rate at 4.25%…
Forex Industry Watchdog Sounds Alarm on Regulatory Wild West
Thursday, 12/09/2024 | 13:31 GMT by Damian Chmiel FXPA highlights risks of uneven oversight in global currency markets. It calls for regulatory parity to ensure fair competition and protect FX integrity. The Foreign Exchange Professionals…
Canadian software company opens local HQ, will hire up to 100 staff - South Florida Business Journal
There's a new headquarters office in Coral Gables. Zum Rails, a Canadian payments software company, opened its U.S. headquarters at 2525 Ponce de Leon Blvd., where it will eventually have up to 100 employees. CEO Miles Schwartz will relocate to…
XRP ETF Incoming? Grayscale Launches First XRP Trust-Could XRP Skyrocket to $3.40?
With Bitcoin and Ethereum already dominating the ETF race, investors have been eagerly speculating on which crypto would be next in line for regulatory approval. Everyone thought Solana would be the next big crypto to get an ETF. But guess what?
SMBC invests in Japan Hydrogen Fund, SMDAM to be co-manager
Sumitomo Mitsui Banking Corporation (SMBC') has executed an investment agreement with the Japan Hydrogen Fund as one of the major LP investors, and Sumitomo Mitsui DS Asset Management (SMDAM) participates in the fund as a service provider. This LP…
Crypto Garage, GREENING, and Decentier to develop real estate business in the RWA domain
Crypto Garage, GREENING, and Decentier have reached a basic agreement on a business alliance. The 3 companies will plan and develop a platform for time-share real estate sales to create new lifestyles through the easy ownership/use of a wide…
Receive a Daily briefing on Fintech Industry News
Get Started