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 Monzo Shutting Down US Operations to Focus on UK, Europe
Monzo Bank Ltd. is shuttering its US operations after years of failing to gain a foothold on the world's largest market, and will instead focus on the UK and Europe, according to a statement. The London-based digital bank will stop on-boarding new…
Is SoFi a Fintech Winner or a 'Financial Engineering' Story?
SoFi Technologies (SOFI +4.88%) has been a market laggard over the past six months. Given recent developments, things might not be about to get better. On March 17, Muddy Waters Research, a well-known short-selling firm, published a report on the…
Fintech Stocks To Keep An Eye On - March 31st
3 Stocks Well Below 52-Week Highs Poised for a Q4 Rebound Rocket Companies, Joint Stock Company Kaspi.kz, UP Fintech, Wealthfront, IDT, DeFi Development, and Beeline are the seven Fintech stocks to watch today, according to MarketBeat's stock…
Fintech firm Bachatt raises $12 million in funding round led by Accel
Fintech firm Bachatt has raised $12 million, about ₹113 crore, in a funding round led by venture capital firm Accel, the company said on Tuesday. The round also saw participation from existing investors, Lightspeed and InfoEdge Ventures.
Industrials Up as Inflation Fears Recede -- Industrials Roundup
Shares of industrial and transportation companies surged as inflation concerns subsided. President Trump reportedly expressed intentions to bring the Iran war to a close soon. Arms maker Rheinmetall said it struck a deal with Boeing's Australian…
Oleg Bevz Of INPUT Global: How The $7T Reputation Economy Is Reshaping Trust In Fintech And Web3
Reputation is becoming core infrastructure in emerging tech — and the numbers are starting to reflect that. According to CEOWorld, roughly 50% of a company's market value is now directly tied to its CEO's reputation. Communications agency…
Energy Down With Oil Futures on Peace Hopes -- Energy Roundup
Shares of energy companies fell alongside oil futures after reports that President Trump was close to ending the Iran war. The SPDR Select Sector energy exchange-traded fund, which tracks the energy industry group of the S&P 500, fell 1.4%, but is…
As Finance Goes Digital, What Role Do Banks Play?
The financial industry is evolving faster than many predicted even five years ago. In my daily conversations with both founders and fellow bankers, one question dominates: What is the role of the bank in the next era of financial services? With…
Roundtable series looks to bridge academia, industry gap
2 min read Ahmedabad Make us preferred source on Google WITH discussions focused on bridging the gap between academic learning and industry requirements, particularly in sectors such as financial services, fintech, and technology, leading…
TomoCredit Revamps Marketing Claims, Emphasizes Coaching Instead Of Boosting Credit
TomoCredit's product descriptions no longer say the service provides a '10X credit boost' or 'all major bureau support.' Over the past two months, TomoCredit, a personal finance company that offers a subscription costing up to $1,000 a year, has…
Hong Kong's anticipated stablecoin licence by end-March does not materialise
Hong Kong's highly anticipated first batch of stablecoin licences did not materialise as expected by the end of March. Industry players said the delay may be caused by a slower-than-expected review process, adding that it could also be due to the…
Texas Lt. Gov. Lists Crypto, Prediction Markets in Charges to Senate
Dan Patrick, Lieutenant Governor and President of the Senate in Texas, has included a study of prediction markets and crypto and blockchain as part of legislative priorities for the state's next legislative session, scheduled to begin in January.
Australian PM Albanese to Address Nation on Fuel Crisis
SYDNEY--Australian Prime Minister Anthony Albanese will deliver an address to the nation at 0800 GMT on the evolving fuel crisis and the country's response to the war in the Middle East. The address comes amid a surge in fuel prices that has stoked…
BOJ Tankan: Big Mfrs Diffusion Index 17; Mkt Expected 17
Dow Jones Newswires is a market-moving financial and business news source, used by wealth managers, institutional investors and fintech platforms around the world to identify trading and investing opportunities, strengthen advisor-client…
Socure launches payment screening as fintechs seek streamlined IDV, risk checks | Biometric Update
Although fraud has been rising – Australia reported financial losses of US$1.4 billion due to scams – companies such as Socure and Plaid are launching new products and making new deals to prevent fraudsters from accessing their users'…
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