Fintech Industry News
A collection of Fintech latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Kay Koplovitz's Springboard Enterprises Bets On Women-Led Fintech
Kay Koplovitz, Founder and Board Member of Springboard Enterprises; Luan Cox, Co-Founder and CEO of FinMkt and Program Co-Lead of the Springboard Fintech Accelerator; and Umbreen Bhatti, CEO of Springboard Enterprises, speak on the mainstage during…
Allica lands £350m from British Business Bank fintech scheme
Allica Bank has bagged lending backing from the UK's state-owned economic development bank, in a new scheme desgined at bolstering high-growth challengers that lend to small businesses. The London-based fintech – which sealed its status as a…
Fintech firm Stitch secures $25m in Series A round
Financial technology company Stitch has closed a $25m Series A funding round led by Andreessen Horowitz, also known as a16z. The transaction is a16z's first investment in the GCC and takes Stitch's total funding to $35m. The gold standard of…
Saudi FinTech Stitch Raises $25 Million to Replace Fragmented Bank Cores
The company will use the new funding to accelerate product development, deepen its presence across the Gulf Cooperation Council (GCC) and broader Middle East and North Africa (MENA) region, and expand its global go-to-market operations, it said in…
Industrials Down as Boeing Slides on China Disappointment -- Industrials Roundup
Shares of industrial and transportation companies fell after a disappointment for Boeing during President Trump's visit to China. China has agreed to buy 200 Boeing jets, Trump said, which was short of the 500 some media outlets had estimated the…
Why Zeta's Valuation No Longer Makes Sense (NYSE:ZETA)
Athena generated 7x higher agentic interactions and drove 60% of platform AI activity within one launch week. Q1 2026 revenue surged 50% to $396 million, while adjusted EBITDA climbed 42% to $66 million. Super-scaled customers increased 19% to 189…
Asahi Diamond Industrial FY Net Y2.01B Vs Net Y2.49B
Asahi Diamond Industrial Co. Ltd. (6140.TO) Japan Year Ended March 31 GROUP 2026 2025 Revenue Y41.98 bln Y41.01 bln Operating Profit Y2.40 bln Y2.31 bln Pretax Profit Y3.35 bln Y3.07 bln Net Profit Y2.01 bln Y2.49 bln Per share Earnings Y40.92…
Semba Tohka Industries FY Net Y554.00M Vs Net Y319.00M
Semba Tohka Industries Co. Ltd. (2916.TO) Japan Year Ended March 31 GROUP 2026 2025 Revenue Y19.42 bln Y18.70 bln Operating Profit Y902.00 mln Y755.00 mln Pretax Profit Y866.00 mln Y816.00 mln Net Profit Y554.00 mln Y319.00 mln Per share Earnings…
Dijet Industrial FY Net Y783.00M Vs Net Y205.00M
Dijet Industrial Co. Ltd. (6138.TO) Japan Year Ended March 31 GROUP 2026 2025 Revenue Y9.29 bln Y8.79 bln Operating Profit Y648.00 mln Y219.00 mln Pretax Profit Y687.00 mln Y195.00 mln Net Profit Y783.00 mln Y205.00 mln Per share Earnings Y263.77…
Showa Chemical Industry FY Net Y624.00M Vs Net Y411.00M
Showa Chemical Industry Co. Ltd. (4990.TO) Japan Year Ended March 31 GROUP 2026 2025 Revenue Y9.27 bln Y9.24 bln Operating Profit Y446.00 mln Y346.00 mln Pretax Profit Y801.00 mln Y571.00 mln Net Profit Y624.00 mln Y411.00 mln Per share Earnings…
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Razorpay elevates Apuarv Sethi to CMO
Razorpay, India's omnichannel payments platform for businesses, has announced the elevation of Apuarv Sethi to the role of chief marketing officer (CMO). In his new role, Apuarv will expand on this mandate to lead Razorpay's marketing and SME…
Kakao Sells $670 Million Stake In Korean Crypto Exchange Operator Dunamu To Hana Bank
Dunamu operates Upbit, South Korea's largest crypto exchange by daily trading volume. South Korean internet giant Kakao is partially exiting its early investment in crypto exchange operator Dunamu, selling a stake worth 1 trillion won ($670…
Owls Nest Just Sold Its Entire nCino Stake. Should Investors Worry?
According to a Securities and Exchange Commission (SEC) filing dated May 14, 2026, Owls Nest Partners IA, LLC sold its entire stake in nCino (NCNO 4.70%), amounting to a change of 1,585,623 shares. The estimated transaction value was $29.79…
Mantle's UR Neobank Targets Asia With Tokenized Deposits
A customer scans a QR code to make a cashless payment at the service counter of a food outlet in Singapore, on Wednesday, April 28, 2021. © 2021 Bloomberg Finance LP In November 2017, an ex-Lazada payments builder was sitting in front of…
Zaggle Closes FY26 with Strongest-Ever Annual Performance
FY26 ANNUAL FINANCIAL PERFORMANCE P&L INFLECTION: WHY FY26 REPRESENTS A STRUCTURAL SHIFT FY26 is not simply another year of growth, it represents a structural shift in Zaggle's earnings profile. For the first time, the company demonstrated clear…
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