Fintech Industry News
A collection of Fintech latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Flipkart Appoints New Tech Leaders To Drive AI, Fintech, And Engineering Innovation
Flipkart has strategically bolstered its technology leadership team with high-profile appointments in AI, data science, and fintech, aiming to enhance its digital commerce, payments, and financial services offerings for India's growing online…
Four Milestones Identified for XRP by Forbes Fintech 50 Alum Stronghold Japan
The Asian payments market is demonstrating a shift toward distributed ledger technologies, as regulatory trends show. In this context, experts from fintech platform Stronghold Japan, which was included in the prestigious Forbes FinTech 50 list, see…
As Credit Tightens, FinTechs Look to Deposits for Growth
They are trying to attract loyal customers and secure a cheaper, more durable source of capital to fund their lending businesses. The strategy reflects a broader evolution in FinTech business models. Products that once existed primarily to acquire…
FinTechs Use Cross-Border Payments to Court Small Businesses
There was a time when small businesses rarely sold outside their neighborhoods, much less their home state. That time is gone. Today's Main Street small- to medium-sized businesses (SMBs) are increasingly globally connected. “SMBs make…
Flipkart strengthens tech leadership with key hires across AI, engineering, fintech
E-commerce giant Flipkart on Friday announced high-profile appointments to its technology leadership team, signalling a deeper push into artificial intelligence, core engineering, and fintech capabilities. Goda Ramkumar joins as Vice President…
Barclays buys UK fintech Gohenry to 'turbocharge' youth banking
Barclays has snapped up the UK arm of money management app Gohenry in a bid to “turbocharge” its ambitions for youth banking and the mass affluent market. The blue-chip lender has bought the fintech firm from its parent company…
Industrials Up on Iran Optimism - Industrials Roundup
Shares of industrial and transportation companies rose as traders bet the sector would benefit from a peace deal between the U.S. and Iran. SpaceX shares rose by 20% after the largest stock-market debut in history. Shares of SpaceX's rivals in the…
Energy Down With Oil Futures - Energy Roundup
Shares of energy companies fell alongside oil futures amid indications that an extension of the U.S.-Iran cease-fire is close. The U.S., Iran and chief mediator Pakistan all agreed Friday that a peace deal to end the war was nearly complete, though…
U.S. Futures Mixed, European Stocks Up
U.S. futures for the S&P 500 were down 0.2% and futures for the Dow Jones Industrial Average were flat. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 gained 1.2% in morning trading.
Friedman Industries Shares Climb to All-Time High as Profit, Sales Jump
Friedman Industries shares notched an all-time high Friday, after the company logged a jump in fiscal fourth-quarter profit and sales. Shares of the pipe-manufacturing company rose 33% to $34.99 and earlier hit an all-time high of $36.26. The…
AST SpaceMobile Stock: The Next Phase Could Be Massive (NASDAQ:ASTS)
AST SpaceMobile has scaled manufacturing to over 500,000 square feet and targets production of six fully assembled satellites monthly. Management reaffirmed $150-$200 million 2026 revenue guidance while citing over $1.2 billion in contracted…
Kumiai Chemical Industry 1H Net Y8.75B Vs Net Y6.27B
Kumiai Chemical Industry Co. Ltd. (4996.TO) Japan Half-Year Ended April 30 GROUP 2026 2025 Revenue Y102.92 bln Y96.18 bln Operating Profit Y10.46 bln Y9.44 bln Pretax Profit Y13.76 bln Y8.29 bln Net Profit Y8.75 bln Y6.27 bln Per share Earnings…
Paddy Power firm Flutter to ditch London stock market listing
News from The City, market updates plus comment and analysis from our business desk I would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice. Paddy Power owner Flutter is to scrap its London listing…
Rocket, Satellite Stocks Gain Ahead of SpaceX's Stock-Market Debut
Shares of rocket, satellite and space-linked companies gained ahead of SpaceX's hotly-anticipated debut on the stock market. EchoStar gained 6.1% to $135.99 in premarket trading on Friday. Rocket Lab rose 5.1% and AST SpaceMobile rose 3.2%. Redwire…
Health Care Down on Rotation Back to Tech - Health Care Roundup
Health-care companies ticked down as traders rotated back into the technology sector. The health-care sector was among the stronger industry groups earlier this week as investors rotated out of tech due to rate fears. The possibility of a peace…
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