Fintech Industry News
A collection of Fintech latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
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Meta Reportedly Eyes Cred As Fintech Ecosystems Gain Value
According to reports, Meta is in discussions to invest in Bengaluru-based Cred at a valuation of around $4 billion. While neither company has officially confirmed the development, the reported talks come at a time when competition across digital…
Indian fintech firm CRED to raise $900 million from Meta at $4.5 billion valuation
22 Jun 2026 09:35PM (Updated: 22 Jun 2026 10:28PM) June 22: Indian fintech firm CRED said on Monday it will raise about $900 million from Meta Platforms at a post-money valuation of $4.5 billion, as it seeks to accelerate growth and prepare for an…
Buy, Hold, or Sell: PayPal Shed 46% as Wall Street Deserts Fintech. Is PYPL an Absolute Buy at $42?
PayPal (NASDAQ:PYPL | PYPL Price Prediction) at $42.51 looks compelling for research. The stock has lost 37.46% over the past year while the business kept generating cash, retiring shares, and growing payment volume, and that gap between price…
Indian startup head appointed as new WhatsApp boss
Meta has tapped Indian fintech founder Kunal Shah as the new head of WhatsApp, as the US tech giant seeks ways to monetise the messaging app's massive user base. The announcement, made Monday night, was accompanied by news that Meta would also lead…
WhatsApp gets new chief as Meta taps India's CRED founder Kunal Shah, and invests $900M in startup
Meta is betting on India for WhatsApp's next chapter, naming entrepreneur Kunal Shah to lead the messaging app and succeed Will Cathcart, who is stepping down after nearly seven years at the helm to take on a new product-building role at the…
Goldman Sachs U.S. Equity Insights Fund Q1 2026 Commentary
The Goldman Sachs U.S. Equity Insights Fund (I-share, net) returned -5.98% in the first quarter, underperforming its benchmark, the S&P 500 Index, by -165 bps. Our Sentiment Analysis pillar was the largest detractor from excess returns during the…
Balance of Power: Policy Pulse for June 22, 2026
Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and…
WhatsApp to be led by Indian start-up founder as Will Cathcart steps back
Liv McMahon Technology reporter WhatsApp boss Will Cathcart has announced that he is leaving his role. Cathcart has overseen Meta's popular messaging platform for nearly seven years - and scaled its private chat functions to more than three billion…
WhatsApp to be led by Indian start-up founder as Will Cathcart steps back
WhatsApp boss Will Cathcart has announced that he is leaving his role. Cathcart has overseen Meta's popular messaging platform for nearly seven years - and scaled its private chat functions to more than three billion users worldwide. He said in…
How a $4 billion Indian startup won Meta's backing but lost its founder to WhatsApp
Indian fintech startup Cred will raise $900 million in funding at a valuation of over $4 billion on Monday. Meta led the funding round and will be a minority investor in Cred. Meta will not have access to CRED's customer data as part of the deal.
Plum raises cash ISA interest rate to 4.42% - 'market leading'
Fintech firm Plum is offering a 'market-leading' 4.42% Cash ISA rate Plum has increased the rate on its cash ISA to a 'market-leading' 4.42% AER, but there is a catch. The fintech company's rate, which includes a 1.88% AER bonus for 12 months, is…
Mike Tyson Plays The Harp To Promote Arbitrum And Ethereum-Based Prediction Market: Ad Featuring The Boxi
Boxing legend Mike Tyson dropped a video advertisement on Monday endorsing Rain Trade, a cryptocurrency-based prediction market platform. The video captures Tyson inside a soccer stadium, reenacting over-the-top celebrations that players perform…
Why Spain is quietly becoming Europe's most important investment platform
This spring, executives from 75 multinational companies across 25 countries gathered in Madrid for the Invest in Spain Summit. Their message was consistent: Spain is increasingly seen as one of Europe's most attractive destinations for investment…
Info Edge's ₹1,000 Crore Investment Fuels India's AI and Deep-Tech Ecosystem Growth
Info Edge, the parent company of naukri.com, has strategically invested over Rs 1,000 crore in more than 50 artificial intelligence and deep-tech startups since 2020, positioning itself as a key enabler of India's burgeoning technology ecosystem.
CRED Founder Kunal Shah to Lead WhatsApp Globally As Meta Announces Major Leadership Shake-Up
Meta has appointed CRED founder Kunal Shah as the new global chief executive of WhatsApp as part of a broader strategic move that also includes a massive investment in the Indian fintech company. The development marks one of the biggest leadership…
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