Fintech Industry News
A collection of Fintech latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
MrBeast's company buys Gen Z-focused fintech app Step
YouTube megastar MrBeast announced on Monday that his company, Beast Industries, is buying Step, a teen-focused banking app. Step, which raised half a billion in funding and has grown to over 7 million users, offers financial services geared toward…
Mr. Beast buys a fintech and Arbor gets into garlic bread
• Gather AI, an AI platform for warehouse cameras and drones, raised $40m in Series B funding. Smith Point Capital led, joined by Bain Capital Ventures, XRC Ventures, and Hillman Investments. Go deeper 💊 Galux, a South Korean protein…
Citizens turns bullish on this fintech stock, says risk-reward has improved after tech sell-off
Citizens Bank believes that the broad sell-off in technology stocks and underappreciated growth opportunities make shares of SoFi Technologies look especially compelling. The bank upgraded the fintech company to a market outperform rating from…
MrBeast Scales Financial Wellness by Acquiring FinTech Step
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Impactive Capital nominates four candidates to fintech WEX's board
Feb 9: Impactive Capital has nominated four candidates for election to the board of WEX at its upcoming annual shareholders' meeting, the activist investor said on Monday, ramping up pressure on the fintech company. Impactive said its nominations…
Mastercard Tightens Rules for BIN Sponsors That Support FinTech Card Issuers
Whether the product is a digital wallet, a payroll card or a specialized spending account, cards remain the practical on-ramp to consumer adoption. Yet most FinTechs do not hold banking licenses, which leaves them dependent on Bank Identification…
Cyprus Business News: shipping, Oev, CFA, fintech, Indian firms
According to a statement from the ministry released on Monday, the visit combined policy dialogue on decarbonisation with regional cooperation meetings ahead of the island's EU Council Presidency priorities. In Athens, Hadjimanolis took part in the…
MrBeast buys financial app Step in major fintech move
Beast Industries has announced the acquisition of Step, a financial technology firm focused on financial literacy and money management. The deal brings Step's fintech platform and engineering team under the same umbrella as the creator-led business…
FinTechs Reshape Middle East Money Movement as Capital Returns
The region combines high smartphone penetration, young demographics and state-backed modernization of payment rails. Governments across the Gulf have treated digital channels and faster money movement as economic infrastructure. As a result…
PenCom engages Fintech on Technology to democratize pension contributions - The Nation Newspaper
The National Pension Commission (PenCom) has partnered with fintech firm Awabah to make pension contributions more accessible, practical, and resilient for artisans, farmers, and other informal sector workers who wish to engage in weekly pension…
YouTube star MrBeast buys youth-focused financial services app Step
Beast Industries acquired Step to expand into youth-focused financial services. Beast Industries did not disclose the amount it used to acquired Step, which counts major backers such as Stripe. The deal extended MrBeast's brand beyond media and…
MrBeast is buying a banking app
YouTube's top creator, MrBeast, is buying a consumer banking app. His company, Beast Industries, is buying Step, according to a joint announcement on Monday. Step, which describes itself as an 'all-in-one' money app, is a digital banking platform…
Beyond AI: 5 Startup Sectors Seeing Big Funding Growth
Last year, AI grabbed half of venture dollars globally. But the sector's blockbuster growth hasn't necessarily come at the expense of other startup industries. Rather, areas that benefit from AI-driven automation such as legal tech, or that combine…
Prediction: This Popular Cryptocurrency Will Plunge 50% (or More) by Year-End 2026
The cryptocurrency market is really taking it to the shins right now. Just a little over a month into 2026, popular assets such as Bitcoin, Ethereum, and XRP, as well as mainstream cryptocurrency stocks Robinhood Markets and Coinbase are all…
CIA looks to speed up access to new tech in race against China
The Central Intelligence Agency is looking to speed up its access to breakthrough technologies in an effort to better compete with China. The US spy agency on Monday announced plans for a new acquisition framework that would cut red-tape and…
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