Fintech Industry News
A collection of Fintech latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Brazilian fintech Agibank raises $240 million in scaled-back US IPO
SAO PAULO, Feb 11 (Reuters) - Agibank said on Wednesday it had raised $240 million in its New York initial public offering, the second Brazilian fintech to tap U.S. capital markets in recent weeks. The Sao Paulo-based digital bank…
Ex-fintech executive who stole HK$19.2 million jailed for 6½ years in Hong Kong
A former senior executive of a Hong Kong fintech company has been jailed for 6½ years for stealing HK$19.2 million (US$2.45 million) from his employer and laundering part of the money to support his gambling addiction and lavish lifestyle.
Brazilian Fintech AGI Shares Fall 8% After $240 Million US IPO
AGI Inc. shares slumped 8.3% after the Brazilian fintech raised $240 million in a US initial public offering that was downsized on Tuesday. Shares of Agibank, as it is known, opened at $11 each on Wednesday as of 12:24 p.m. in New York, versus an…
Irish fintech Circit raises $22m
The new financing will be used for product innovation, network connectivity and team expansion, especially in the US. Dublin-based fintech company Circit has secured $22m in growth equity funding to further scale its financial auditing and…
BHAV Acquisition Files for IPO
The Cayman Islands-based blank-check company plans to sell 10 million units at $10 apiece, according to a filing with the Securities and Exchange Commission on Wednesday. The company granted underwriters a 45-day option to purchase an additional…
UK fintech investment hits pandemic low despite Revolut boost
Investment into the UK's fintech sector tumbled to a five-year low in 2025 even after a major boost from industry juggernaut Revolut. UK fintech received just shy of $11bn (£8bn) in investment in 2025, falling a fifth from the $13.4bn notched…
PenCom engages fintech to democratise pension contributions - The Nation Newspaper
National Pension Commission has engaged Awabah, a fintech, to democratise pension contributions by making inclusions practical, resilience and scalable for artisans and others that want to engage in weekly contributions. An artisan can contribute…
Robinhood's CEO says we're on the cusp of a 'prediction market supercycle
Prediction markets are hot — and about to get even hotter, says Robinhood's CEO. On Tuesday's earnings call, Robinhood CEO Vlad Tenev called prediction markets the fastest-growing business in the fintech company's history. 'We're just at the…
UPI Growth Slowdown Rings Alarm
This would imply a 29 per cent year-on-year rise, significantly lower than growth rates seen in recent years. A slowdown in the rate of growth in India's flagship Unified Payments Interface (UPI) is raising concerns, with stakeholders flagging…
Mexico's Industrial Production Rises in December
MEXICO CITY--Mexico's industrial production rose for a third consecutive month in December, with increases in mining and construction offsetting sluggish manufacturing. Industrial output rose 0.2% from November in seasonally adjusted terms…
Sanoh Industrial 9-Mos Net Y1.61B Vs Net Y1.11B
Sanoh Industrial Co. Ltd. (6584.TO) Japan Nine Months Ended December 31 GROUP 2025 2024 Revenue Y117.19 bln Y119.98 bln Operating Profit Y3.65 bln Y3.62 bln Pretax Profit Y2.66 bln Y3.07 bln Net Profit Y1.61 bln Y1.11 bln Per share Earnings Y45.05…
Financials Down After Robinhood Earnings - Financials Roundup
Shares of banks and other financial institutions fell after Robinhood's earnings and another cryptocurrency selloff. Online brokerage Robinhood shares fell sharply after years of riding crazes for meme stocks, bitcoin and other high-risk…
FirstEnergy Raises Dividend 4.5%
FirstEnergy raised its quarterly dividend by 4.5% to 46.5 cents a share from 44.5 cents. The new payout, equal to $1.86 cents a year, represents an annual yield of about 3.9% based on the stock's latest closing price of $47.93. The dividend is…
Orora 1H Net Profit A$58.9 Million
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…
The Investing Club's top 10 things to watch in the stock market Wednesday
The Club's top 10 things to watch Wednesday, Feb. 11 — Today's newsletter was written by Jeff Marks, the Club's director of portfolio analysis. 1. Stock futures rose after the January jobs report showed the economy added 130,000 jobs lasts…
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