Fintech Industry News
A collection of Fintech latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Indian fintech firm CRED to raise $900 million from Meta at $4.5 billion valuation
22 Jun 2026 09:35PM (Updated: 22 Jun 2026 10:28PM) June 22: Indian fintech firm CRED said on Monday it will raise about $900 million from Meta Platforms at a post-money valuation of $4.5 billion, as it seeks to accelerate growth and prepare for an…
We are bullish on AI-first fintechs: Cedar Hill Capital's Sahil Anand
Mumbai-based venture capital firm Cedar Hill Capital, which focuses on AI-first enterprise software startups focused on the financial services sector, is set to close its $20 million maiden fund within three months. Sahil Anand, Founder and…
Turkish FinTech Midas Targets Consumer Payments Business
The Istanbul-based FinTech hopes to begin offering digital consumer payment products, Bloomberg News reported Friday (June 19), citing an interview with founder Egem Ersalan. He said the company is building a digital wallet and prepaid-card…
Buy, Hold, or Sell: PayPal Shed 46% as Wall Street Deserts Fintech. Is PYPL an Absolute Buy at $42?
PayPal (NASDAQ:PYPL | PYPL Price Prediction) at $42.51 looks compelling for research. The stock has lost 37.46% over the past year while the business kept generating cash, retiring shares, and growing payment volume, and that gap between price…
WhatsApp gets new chief as Meta taps India's CRED founder Kunal Shah, and invests $900M in startup
Meta is betting on India for WhatsApp's next chapter, naming entrepreneur Kunal Shah to lead the messaging app and succeed Will Cathcart, who is stepping down after nearly seven years at the helm to take on a new product-building role at the…
Goldman Sachs U.S. Equity Insights Fund Q1 2026 Commentary
The Goldman Sachs U.S. Equity Insights Fund (I-share, net) returned -5.98% in the first quarter, underperforming its benchmark, the S&P 500 Index, by -165 bps. Our Sentiment Analysis pillar was the largest detractor from excess returns during the…
WhatsApp to be led by Indian start-up founder as Will Cathcart steps back
Liv McMahon Technology reporter WhatsApp boss Will Cathcart has announced that he is leaving his role. Cathcart has overseen Meta's popular messaging platform for nearly seven years - and scaled its private chat functions to more than three billion…
WhatsApp to be led by Indian start-up founder as Will Cathcart steps back
WhatsApp boss Will Cathcart has announced that he is leaving his role. Cathcart has overseen Meta's popular messaging platform for nearly seven years - and scaled its private chat functions to more than three billion users worldwide. He said in…
Plum raises cash ISA interest rate to 4.42% - 'market leading'
Fintech firm Plum is offering a 'market-leading' 4.42% Cash ISA rate Plum has increased the rate on its cash ISA to a 'market-leading' 4.42% AER, but there is a catch. The fintech company's rate, which includes a 1.88% AER bonus for 12 months, is…
CRED Founder Kunal Shah to Lead WhatsApp Globally As Meta Announces Major Leadership Shake-Up
Meta has appointed CRED founder Kunal Shah as the new global chief executive of WhatsApp as part of a broader strategic move that also includes a massive investment in the Indian fintech company. The development marks one of the biggest leadership…
Goldman Sachs Large Cap Value Insights Fund Q1 2026 Commentary
The Goldman Sachs Large Cap Value Insights Fund (I-share, net) returned 0.34% in the first quarter of the 2026, underperforming the Russell 1000 Value Index, by 176 basis points. US large cap equities (S&P 500 Index) fell by 4.33% in the first…
With an investment of NIS 12 million: Shimon Gershon storms the rental market
Shimon Gershon, former captain of the Israel national soccer team and businessman, is establishing a new fintech company under the name Arvuyot Yashir operating in the rental real estate sector. The new platform enables apartment tenants to issue a…
A Once-in-a-Decade Opportunity: 5 Growth Stocks Down 28% to 54% to Buy on the Dip
The 2026 stock market continues to be shaped by several key investing themes, including artificial intelligence (AI), space, semiconductor chips, the data center build-out, and the ancillary companies that support these industries. In this…
European Investor Seedcamp Closes On $320M Across Two Funds To Back Seed Startups And Reaches $1B AUM
Seedcamp, one of Europe's earliest seed investors, has closed on its 7th fund of $220 million and a select fund 2 of $100 million to invest in winners from the core fund. Since its launch almost two decades ago in 2007, the firm — which had…
Meta to invest $900 million in India's CRED, taps founder to lead WhatsApp
June 22: Meta Platforms will invest $900 million in Indian fintech startup CRED, valuing it at $4.5 billion, while tapping CRED's founder Kunal Shah to head WhatsApp globally, the companies said on Monday. India is WhatsApp's largest market, with…
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