Fintech Industry News

A collection of Fintech latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.

pymnts.com - PYMNTS - Klarna's Charter Bid Tests the FinTech Banking Model
Klarna's Charter Bid Tests the FinTech Banking Model
PYMNTS.com | Breaking News, Trends and Analysis

The Swedish company filed applications with both the Utah Department of Financial Institutions and the Federal Deposit Insurance Corp., seeking authority to operate a federally insured industrial bank in the United States. The company said Monday…

cityam.com - Samuel Norman - 'Too much tax, too much regulation': Fintech chief warns on UK economy
'Too much tax, too much regulation': Fintech chief warns on UK economy
City AM

The boss of one of the UK's fastest-growing fintech unicorns has warned the country risks “putting founders off” with overregulation and heavy taxation as speculation rises that the Labour government could make a major lurch to the…

cnbc.com - Hugh Son - Klarna seeks U.S. bank charter in latest push beyond buy now, pay later
Klarna seeks U.S. bank charter in latest push beyond buy now, pay later
CNBC

Buy now, pay later pioneer Klarna applied to establish an FDIC-insured U.S. bank in Utah, a move that would allow the Swedish fintech to operate its own American banking subsidiary if approved. The filing signals a broader shift among fintech firms…

fastcompany.com - Taylor Hatmaker - Klarna wants to become a bank. Here's what that could mean for millions of customers
Klarna wants to become a bank. Here's what that could mean for millions of customers
Fast Company

The buy now, pay later fintech company Klarna wants to become a real bank. The Swedish company just announced its plans to establish a U.S.-based subsidiary known as Klarna Bank USA. If approved, the FDIC-backed bank would set up shop out of Utah.

bbc.co.uk - Ian Hunt - Huw Jenkins: Newport County owner 'open-minded' on his future
Huw Jenkins: Newport County owner 'open-minded' on his future
BBC

Newport County owner Huw Jenkins is ready to sell up and walk away from the club if a new investor sought a complete takeover. Jenkins says he is open-minded about his future at County as he looks for fresh investment to help avoid another season…

forbes.com - ATM Rahat Mohammad - From Energy Independence To Intelligence: Data As A Critical Resource
From Energy Independence To Intelligence: Data As A Critical Resource
Forbes

A.T.M. Rahat Mohammad is the Cofounder and Head of BD & IR for SPONSOR (SCOP), a climate fintech accelerating climate mitigation projects. For years, conversations about energy have centered on access, production and security. Nations have pursued…

futurism.com - Joe Wilkins - There's an Urgent Sign of an Impending Market Collapse
There's an Urgent Sign of an Impending Market Collapse
Futurism | Science and Technology News

Can't-miss innovations from the bleeding edge of science and tech For over a year now, sober-minded observers have warned that the AI bubble can't last for much longer. Unfortunately for everybody, it's managed to outperform even the most cynical…

prweb.com - Tuvoli - Tuvoli, NATA and Embry-Riddle launch Inaugural AI Symposium for Business Aviation to guide Industry transformation
Tuvoli, NATA and Embry-Riddle launch Inaugural AI Symposium for Business Aviation to guide Industry transformation
PRWeb

AISBA is designed to bring the business aviation community together around practical learning, candid discussion, and real-world AI applications, with programming around use cases, strategic considerations, and applied learning across a range of…

forbes.com - Benedetto Biondi - The New Face Of Global Payments: Onchain Consumer Finance Apps
The New Face Of Global Payments: Onchain Consumer Finance Apps
Forbes

Benedetto Biondi is the CEO of Folks Finance, a leading crosschain lending protocol in DeFi. ​We're used to everything in the world being globalized. Goods and services are traded internationally every day. Millions of people cross borders…

forbes.com - Bill Capuzzi - Retail Investors No Longer Want Exposure-They Want Optionality
Retail Investors No Longer Want Exposure-They Want Optionality
Forbes

Bill Capuzzi is the CEO of Apex Fintech Solutions, advancing digital custody, clearing, and wealthtech for the next generation. Today's retail investors aren't choosing a strategy and sticking with it. They're building portfolios around…

coinpedia.org - Shubham Vishwakarma - HOOD Stock Price Jumps as Robinhood Doubles Down on Crypto: Is $125 Next?
HOOD Stock Price Jumps as Robinhood Doubles Down on Crypto: Is $125 Next?
Coinpedia Fintech News

Robinhood Markets Inc. (NASDAQ: HOOD) is giving investors another reason to revisit its long-term growth story. After gaining nearly 4% in Friday's session, HOOD stock held firm around $113.30 in pre-market trading today as markets continued to…

fool.com - Josh Kohn-Lindquist - Stock Market Today, July 6: Southeast Asian Mobility Upstart Grab Falls as Uber CEO Exits Board
Stock Market Today, July 6: Southeast Asian Mobility Upstart Grab Falls as Uber CEO Exits Board
The Motley Fool

Grab Holdings (GRAB 1.28%), a Southeast Asian super-app for rides, delivery, and financial services, closed at $3.85, down 1.28%. Shares fell after the company said Uber Chief Executive Dara Khosrowshahi stepped down from its board, as the company…

bloomberg.com - Saijel Kishan - Young Americans Are Getting Prenups, Even If They Aren't Rich
Young Americans Are Getting Prenups, Even If They Aren't Rich
Bloomberg

Most couples wait until they're engaged to talk about prenuptial agreements. Michelle Kaiser brought it up on the fourth date. The 38-year-old, who works in fintech, had more complex investments than her future husband, including derivatives and…

seekingalpha.com - The Asian Investor - Nu Holdings Stock: Soaring NII Growth, Profitable And Cheap (NYSE:NU)
Nu Holdings Stock: Soaring NII Growth, Profitable And Cheap (NYSE:NU)
Seeking Alpha

The Asian Investor 32.67K Followers Nu Holdings is rapidly expanding in Latin America, driving strong net income growth and customer monetization through credit portfolio expansion. NU trades at a deeply discounted 11.8x P/E, well below both U.S.

itweb.co.za - Staff Writer - SA banks back Bridgement with R330m to fuel AI-driven loans
SA banks back Bridgement with R330m to fuel AI-driven loans
www.itweb.co.za

Rand Merchant Bank and Standard Bank have backed SA fintech Bridgement with R330 million to expand services. Rand Merchant Bank (RMB) and Standard Bank have backed SME-focused fintech Bridgement with R330 million to expand its online AI-powered…

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