Fintech Industry News
A collection of Fintech latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Fintech Unicorn MNT Halan Plans Egypt Listing as Market Rallies
Fintech unicorn MNT Halan is proceeding with a long-anticipated initial public offering in Egypt, seeking to capitalize on a stock-market rally and booming consumer lending in the Middle East's most populous nation. The company plans to offer 320…
Finda names fintech veteran Ahn Joong-hyun as its 1st CPO
Finda is stepping up its efforts to innovate its artificial intelligence (AI) and data-driven financial products with the appointment of its first-ever chief product officer (CPO). The fintech company said Thursday that it has appointed Ahn…
FinTechs Go Global One Local Payment System at a Time
Recent moves by PhonePe and Revolut provide two examples. As reported last week, PhonePe has received in-principle approval from the Central Bank of the UAE for Retail Payment Services and Card Schemes and Stored Value Facilities licenses. Its…
Data leak reveals Russian fintech providing sanctions-evasion-as-a-service to launder payments via global banks
Billions of dollars have been laundered through big-name global banks by the Russian A7 payments fintech, according to research into leaked material by the Financial Times. The payments broke money laundering and sanctions rules in multiple…
Cyprus Business Now: AI, CBC, housing. shipping, fintech, energy, Cyta
“We start by confirming that indeed AI is biased,” Christodoulou said during the fireside discussion “AI and Equal Participation: Who Shapes the Digital State?”, pointing to the data on which AI systems are trained and…
Industrial Shares Rise Amid Robust U.S. Indicators -- Industrials Roundup
Shares of industrial and transportation companies rose on another round of strong economic data. Factory activity expanded in the U.S. in September for the ninth consecutive month, buoying shares in the industrial sector. The Institute for Supply…
Best Fintech Stocks Worth Watching - October 1st
3 Stocks Built for Higher Rates—And 2 That Could Break Rocket Companies, Joint Stock Company Kaspi.kz, IDT, Wealthfront, Netcapital, UP Fintech, and DeFi Development are the seven Fintech stocks to watch today, according to MarketBeat's…
Circle, Visa And Fintech Executives To Join WasabiCard's Funds Flow Forum On Stablecoin Payments At TOKEN2049 | Metaverse Post
WasabiCard will host “Stablecoin & Payments: Funds Flow” on October 6 in Singapore during TOKEN2049, convening Circle, Visa and payments leaders to discuss stablecoin settlement at scale. WasabiCard, a global payment infrastructure…
UP Fintech (NASDAQ:TIGR) Stock Price Down 7.4% - Here's Why
UP Fintech Holding Limited (NASDAQ:TIGR - Get Free Report) traded down 7.4% on Thursday. The company traded as low as $4.36 and last traded at $4.2490. 1,943,065 shares changed hands during mid-day trading, a decline of 40% from the average daily…
Technology Shares Rise Alongside Broader Market -- Technology Roundup
Shares in the technology sector were mostly higher as U.S. stocks reclaimed some ground. OpenAI has parted ways with three researchers for allegedly sharing confidential company information with a third-party AI-safety organization, The Wall Street…
Materials Shares Slipped -- Materials Roundup
Shares in the materials sector extended losses as investors worry about long-term economic growth. Lynas Rare Earths has agreed to buy Meteoric Resources in a deal that values the Australia-listed explorer at around $672 million and gives Lynas a…
PaleBlueDot AI Raises $200M Series C Round at a Valuation of $3.2B
PaleBlueDot AI said it raised $200 million in a Series C funding round at a valuation of $2.3 billion. The round was led by ComputeCore, and included participation by existing shareholder B Capital, the company added. Proceeds from the latest…
Crypto Security Losses Surge to $1.26B in Q3: CertiK
Cointelegraph is committed to providing independent, high-quality journalism across the crypto, blockchain, AI, and fintech industries. All news, reviews, and analyses are produced with full journalistic independence and integrity. For more details…
Energy Shares Rise as Oil Rally Resumes -- Energy Roundup
Stocks in the energy sector rallied alongside oil prices, as Brent crude rode nearly 5% to $103 a barrel. U.S. crude futures rose as the Pentagon sent a third aircraft-carrier strike group and more troops to the Middle East while President Trump…
Honda, Redwire to Develop Robotic Technology for Commercial Space Stations
Honda said it is teaming with Redwire to develop a robotics technology for future commercial space stations that could reduce the time needed for astronauts to conduct experiments and laboratory operations in space. The companies will combine the…
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