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 startup Ramp hits $60 billion valuation after $1.85 billion funding round
Oct 15: Financial technology startup Ramp said on Thursday it had raised $1.85 billion in a primary financing round led by Dragoneer Investment Group, valuing the company at $60 billion, as the company expands its artificial intelligence offerings.
OpenAI-backed fintech raises $1.6m to tackle regulation
A London fintech backed by employees of OpenAI and some of the world's biggest banks has raised $1.6m (£1.2m) to help financial firms navigate mounting regulatory requirements using artificial intelligence. Relace, founded by a former lawyer…
Former Nice CEO Barak Eilam to chair UK fintech co
Nearly two years have passed since Barak Eilam stepped down as CEO of Nice (TASE: NICE; Nasdaq: NICE), and he is now set to return to a senior position at another Nasdaq-listed company. British fintech firm Wise Group plc (LSE: WISE; Nasdaq: WSE)…
Cyprus Business Now: fintech, fuel, port, medical innovation, rural women
International benchmark Brent crude rose to $106.03 a barrel in early trading, recovering from Tuesday's 0.9 per cent decline, while US West Texas Intermediate (WTI) increased to $94.42, according to Reuters. The increase followed renewed Iranian…
Best Fintech Stocks Worth Watching - October 14th
3 Stocks Built for Higher Rates—And 2 That Could Break Rocket Companies, Netcapital, Joint Stock Company Kaspi.kz, Wealthfront, IDT, UP Fintech, and DeFi Development are the seven Fintech stocks to watch today, according to MarketBeat's…
Caterpillar Resource Industries President Denise Johnson to Retire
Caterpillar's group president of resource industries, Denise Johnson, is retiring after 25 years with the construction- and mining-equipment maker. Caterpillar on Thursday said Derrick York, who currently serves as senior vice president of the…
Gibraltar Industries to Sell Infrastructure Business to Saint-Gobain for $208 Million
Gibraltar Industries has struck a deal to sell its infrastructure business, D.S. Brown, to French building-materials supplier Saint-Gobain for $208 million in cash. Gibraltar, a Buffalo, N.Y., manufacturer and provider of products and services for…
The Activation Gap Separating Financial Services Winners From The Rest
Erik Koenig is the Group Vice President at Franklin Madison Direct. Erik has a passion for driving growth with data-driven direct marketing. When financial institutions compare themselves to high-growth fintechs and digital banks, the first…
Netcapital Shares Gain After Regaining Nasdaq Minimum Bid Compliance
Netcapital shares rose after the company regained compliance with Nasdaq's minimum bid price requirement. The stock jumped 37% to $2.19 in after-hours trading Wednesday. Through the close, shares had more than doubled this year. The Boston-based…
Golden Dome Is Technologically and Financially Infeasible
For as long as nuclear-armed, intercontinental ballistic missiles and submarine-launched ballistic missiles have existed, strategists and engineers have pursued a seductive idea: a shield effective enough to diminish — or even block —…
Kalshi CEO Defends Federal Oversight Amid Prediction Markets Legal Battle
Kalshi CEO Tarek Mansour has defended federal regulation of prediction markets as the company faces mounting legal challenges from U.S. states over sports betting contracts and regulatory authority. Speaking Wednesday at DC Fintech Week near…
Labcorp Buying Select Assets of OPKO Health's BioReference Health Arm
Labcorp has struck a deal to buy select assets of biopharmaceutical company OPKO Health's BioReference Health subsidiary in an effort to strengthen its specialized diagnostic operations. Labcorp said it will pay $722 million in cash for the assets…
Lightspeed Commerce Launches Agentic AI Tools to Automate Store Operations
Lightspeed Commerce is launching new agentic capabilities as it looks to expand artificial intelligence across its commerce platform. The Montreal-based commerce platform on Thursday said the upgrade to Lightspeed AI will allow retail users to…
Quarterhill Gets Contract to Support LA Metro ExpressLanes Back Office Upgrade
Quarterhill received a roughly $28.2 million contract for work on Los Angeles County Metropolitan Transportation Authority's new ExpressLanes Back Office System, one of America's largest managed lane back-office modernization programs. The Canadian…
CUAP to host 2-day national seminar on innovation-driven entrepreneurship
The Central University of Andhra Pradesh (CUAP) is planning to conduct a two-day national seminar titled ‘Promoting Entrepreneurial Ecosystem Through Innovation: Visualising India@2047', in January 2027 for which research papers have been…
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