Fintech Industry News
A collection of Fintech latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Nasdaq 3Q Net Up on Strong Financial Technology Demand
The New York financial technology and stock exchange company posted earnings of $540 million, or 96 cents a share, up from $423 million, or 73 cents a share, a year earlier. Stripping out certain one-off items, Nasdaq posted adjusted earnings per…
UK Fintech Revolut Expected to Issue Debt in 2027, S&P Says
UK digital bank Revolut Ltd. is expected to tap investors for debt next year and build a buffer to absorb potential losses, according to a report from S&P Global Ratings. S&P has given Revolut an investment-grade rating of BBB+, the ratings firm…
Fintech startup Coast raises $35 million to better track what workers do with company credit cards
Getting the job done means trusting workers to spend company money—and keeping track of where it goes. In industries like plumbing and construction, employees often carry company cards to buy fuel and supplies, while office staff sort…
Nasdaq Revenue Rises 14% as Financial Technology Business Expands
Net revenue rose 14% on an organic basis to $1.5 billion in the quarter ended Sept. 30, Nasdaq said in a press release. Solutions revenue, which includes its Capital Access Platforms and Financial Technology businesses, increased 18% organically to…
Axios Live: AI in fintech raises the stakes for consumer trust
LAS VEGAS — Financial services companies are racing to adopt AI, but concerns about accuracy, oversight and consumer trust are complicating its rollout, fintech and communications leaders said. Why it matters: Money and privacy are at stake…
Best Fintech Stocks To Watch Now - October 21st
3 Stocks Built for Higher Rates—And 2 That Could Break Rocket Companies, Joint Stock Company Kaspi.kz, Wealthfront, IDT, UP Fintech, Netcapital, and DeFi Development are the seven Fintech stocks to watch today, according to MarketBeat's…
U.S. Jobless Claims Return to Downward Trend
U.S. jobless claims resumed their downslide after breaking a monthlong decline last week, reinforcing expectations for another interest-rate hike this year. The number of people who filed for unemployment benefits was 194,000 in the week through…
Suburban Propane Partners Raises Quarterly Distribution by 7.7%
Suburban Propane Partners' board has raised the propane distributor's quarterly distribution by 7.7%, to 35 cents from 32.5 cents. The new payout, equal to $1.40 a year, represents an annual yield of about 8.09% based on Wednesday's closing price…
Tucows Shares Rise on Agreement to Transfer Colorado Springs Fiber Lease
Tucows shares advanced Thursday morning after the company said it has agreed to transfer its dark fiber network lease in Colorado Springs. Shares rose 19% to 15.76 Canadian dollars ($11.22). The Toronto-based internet services and…
Fireweed Metals Gets Conditional OK to Shift Listing to Toronto Stock Exchange
Fireweed Metals has conditional approval to graduate to the main boards of the Toronto Stock Exchange, a move that promises to raise the exploration company's profile with investors. Fireweed, which is focused on a new critical metals district in…
FirstCash Holdings Raises Quarterly Dividend by 9.5%
FirstCash Holdings' board has raised the pawn-store operator's quarterly dividend by 9.5%, to 46 cents from 42 cents. The new payout, equal to $1.84 a year, represents an annual yield of about 0.85% based on Wednesday's closing price of $216.75, up…
U.S. Soybean Export Sales See Big Weekly Rise
U.S. grain export sales were mostly higher last week, with a big jump in soybean sales and higher corn sales, while wheat export sales fell, according to the Department of Agriculture's latest report. Soybean export sales for the 2026/27 marketing…
Tether Backs Fintech Peso to Push USDT Retail Payments Across Bolivia
Tether led a pre-seed investment round in Bolivian fintech Peso to boost stablecoin adoption across Latin America. Peso builds USDT infrastructure for daily retail payments, integrating with apps like Yango and point-of-sale terminals. Funding…
Mexico's Inflation Picks Up Pace in Early October
MEXICO CITY--Inflation in Mexico accelerated in the first half of October, led by higher energy costs as seasonal electricity subsidies ended. The consumer price index rose 0.41% in the first half of the month, pushing up the annual inflation rate…
Power Corp. of Canada Acquires Fine Choice Foods
Power Corp. of Canada has acquired Fine Choice Foods, a manufacturer of refrigerated Asian appetizers. The acquisition was made through the company's specialist food-focused private equity platform, Power Sustainable Lios, which is co-investing…
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