Fintech Industry News
A collection of Fintech latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Block: Priced Like A Clean Fintech, But Regulatory And Legal Issues Loom (NYSE:XYZ)
Block's current growth is primarily through lending, with gross profit growing 25% in Q2'26, but net of credit losses it grew closer to 15%. Block has paid or reserved around $886mn for its legal problems. A DoJ resolution, a securities class…
38 Companies Join The Crunchbase Unicorn Board In Blockbuster September, Led By Semiconductor, Fintech And Space Tech Companies
A total of 38 companies joined The Crunchbase Unicorn Board in September, adding $71 billion in value to the board. Semiconductors, financial services and space technology led for new counts with the remainder hailing from a broad swath of…
FTX-linked fintech Perpetuals (PDC) plans tokenized stock trading under SEC framework
A Nasdaq-listed fintech company led by a former FTX Europe executive is planning to bring tokenized U.S. stocks trading onto blockchain rails under the Securities and Exchange Commission's (SEC) new regulatory framework. Perpetuals.com (PDC)…
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…
Credit Unions Could Land More FinTech Partners by Simplifying Onboarding
Among FinTechs hesitant to sell to credit unions, 58% said a bundled, one-time onboarding process that could serve multiple institutions would make them more likely to partner, according to the September PYMNTS Intelligence report “ FinTechs…
Cyprus Business Now: fintech, supermarkets, gambling, shipping, startups, IMF
London Business School professor Costas Markides told the gathering in Limassol that fintech companies had transformed financial services without displacing established lenders. Instead, banks had adapted to the competition by investing in…
Cyprus fintech firms near 200 as payments growth puts security in focus
Cyprus' fintech sector is approaching 200 companies, with around 55 per cent involved in payments, but the growth of digital finance is putting fresh demands on regulation, cybersecurity and the people running financial institutions, a summit in…
A7 network listed UK fintech Wooshpay as payment route
The Paypers is a global hub for market insights, real-time news, expert interviews, and in-depth analyses and resources across payments, fintech, and the digital economy. We deliver reports, webinars, and commentary on key topics, including…
SoFi Falls 6% Despite StoneX Buy Initiation as Rising Yields Hit Fintech; Affirm Drops 9%, Robinhood Slides 6%
A fresh buy initiation from StoneX gave SoFi bulls a reason to cheer, then an inflation report gave bears something louder to say. Now three fintech names are sliding hard, and the question is whether SoFi's deposit advantage can hold……
AI Architecture for Fintech: Five Patterns and Five Companies to Evaluate
A banking AI demo usually shows the successful path: data arrives, the model returns a result, and the application responds. An engineering review should start with the other paths. What happens when a dependency times out? Can a retried request…
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…
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…
Kalshi CEO says state-led oversight of U.S. prediction markets would push them out
ARLINGTON, Va. — The CEO of Kalshi, the company at the center of a high-profile legal battle over the future of prediction markets in the U.S., said the clash won't ultimately decide whether the rapidly growing industry is overseen by states…
Stock Market Today, Oct. 14: SoFi Technologies Falls on Banking Weakness
Premium Feature Moneyball Superscore SoFi Technologies (SOFI -6.69%), a popular digital financial services platform, closed at $14.22, down 6.69%. The stock reached a 52-week low today, pressured by hotter-than-expected inflation data and pressure…
Bilt's CMO is betting big on marketing that's hard to measure
Bilt CMO Zoe Oz thinks traditional advertising is losing its power. Her alternative? Turning customers into willing brand ambassadors. The fintech loyalty platform is investing heavily in entertainment, live experiences, and covetable merchandise…
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