Fintech Industry News
A collection of Fintech latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
SA fintech firm Lumepay bags $6m funding
From left: Lumepay COO Luc Varejes, CEO Harry Huang, and chief legal and compliance officer Tatenda Nhemachena. Local fintech start-up Lumepay has raised $6 million (R98.6 million) in a pre-seed funding round backed by founder-led angels and South…
Fintech Stocks To Watch Now - November 11th
3 Stocks Built for Higher Rates—And 2 That Could Break Rocket Companies, Joint Stock Company Kaspi.kz, UP Fintech, Wealthfront, and IDT are the five Fintech stocks to watch today, according to MarketBeat's stock screener tool. Fintech stocks…
Fintech firm Airwallex to invest more than $2 billion, grow its headcount to over 1,000 in Singapore
SINGAPORE – Australia-founded fintech firm Airwallex plans to invest more than $2 billion in Singapore over the next five years, as it expands its local workforce to more than 1,000 employees. The firm currently employs more than 750 people…
Industrials Up as Traders Weigh AI Risks - Industrials Roundup
Shares of industrial and transportation companies rose as the fall in oil futures and resurgence of optimism about the artificial-intelligence boom buoyed the sector. German container freight shipping line Hapag-Lloyd raised its full-year earnings…
Fintech firm Airwallex to invest S$2 billion in Singapore, create around 250 jobs over five years
SINGAPORE: Australian-founded fintech company Airwallex on Wednesday (Nov 11) announced its plans to invest more than S$2 billion (US$1.6 billion) in Singapore over the next five years. The firm also intends to increase its workforce in Singapore…
Mexico's September Industrial Production Falls More Than Expected
MEXICO CITY--Mexico's industrial production fell more than expected in September with output declines in key manufacturing sectors and lower construction activity. Industrial production fell 1.4% from August in seasonally adjusted terms, national…
Yushiro Chemical Industry 1H Net Y2.78B Vs Net Y2.93B
Yushiro Chemical Industry Co. Ltd. (5013.TO) Japan Half-Year Ended September 30 GROUP 2026 2025 Revenue Y27.42 bln Y25.69 bln Operating Profit Y2.77 bln Y2.33 bln Pretax Profit Y3.43 bln Y2.90 bln Net Profit Y2.78 bln Y2.93 bln Per share Earnings…
Punch Industry 1H Net Y811.00M Vs Net Y559.00M
Punch Industry Co. Ltd. (6165.TO) Japan Half-Year Ended September 30 GROUP 2026 2025 Revenue Y23.17 bln Y20.56 bln Operating Profit Y1.40 bln Y989.00 mln Pretax Profit Y1.37 bln Y1.04 bln Net Profit Y811.00 mln Y559.00 mln Per share Earnings Y29.45…
Rasa Industries 1H Net Y2.52B Vs Net Y2.05B
Rasa Industries Ltd. (4022.TO) Japan Half-Year Ended September 30 GROUP 2026 2025 Revenue Y28.78 bln Y22.70 bln Operating Profit Y3.46 bln Y2.86 bln Pretax Profit Y3.60 bln Y2.95 bln Net Profit Y2.52 bln Y2.05 bln Per share Earnings Y64.48 Y52.41…
Pulstec Industrial Co 1H Loss Y19.00M Vs Net Y70.00M
Pulstec Industrial Co. Ltd. (6894.TO) Japan Half-Year Ended September 30 GROUP 2026 2025 Revenue Y1.00 bln Y1.04 bln Operating Profit (Y32.00 mln) Y89.00 mln Pretax Profit (Y22.00 mln) Y100.00 mln Net Profit (Y19.00 mln) Y70.00 mln Per share…
Maezawa Kyuso Industries 1H Parent Net Y1.09B Vs Net Y1.66B
Maezawa Kyuso Industries Co. Ltd. (6485.TO) Japan Half-Year Ended September 30 PARENT 2026 2025 Revenue Y16.44 bln Y15.74 bln Operating Profit Y1.48 bln Y1.40 bln Pretax Profit Y1.63 bln Y1.53 bln Net Profit Y1.09 bln Y1.66 bln Per share Earnings…
Go Fintech Cutovers - What Domain Verification Proves About DNS Control
Allow a fintech hostname cutover only after the intended DNS records match the published records and the release has independent authorization. A successful domain verification supplies one piece of evidence; it cannot supply the approval to move a…
Daiki Aluminium Industry 1H Net Y7.78B Vs Net Y980.00M
Daiki Aluminium Industry Co. Ltd. (5702.TO) Japan Half-Year Ended September 30 GROUP 2026 2025 Revenue Y213.39 bln Y150.50 bln Operating Profit Y11.32 bln Y2.62 bln Pretax Profit Y10.61 bln Y1.66 bln Net Profit Y7.78 bln Y980.00 mln Per share…
Magna International Sees Double-Digit Profit Growth Through 2030 Amid Subdued Auto Market
Canadian auto-parts supplier Magna International set a target of at least 15% compound annual adjusted earnings growth through 2030, as part of its multiyear roadmap centered on margin expansion, cash flow conversion and share repurchases. On…
Energy Up as Oil Retreat Pauses - Energy Roundup
Shares of energy companies rose as a slide in oil futures halted. Oil prices rose 0.6% to $86.53 a barrel in New York, but are still down by 17% for November so far. Traders are awaiting signs of the U.S. exiting an unpopular war in Iran, and the…
Receive a Daily briefing on Fintech Industry News
Get Started