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The Latest Breaking News from fintech

South Africa Eyes Stablecoins, Tokenization To Reform Digital Payments

South Africa's Treasury said in its 2024 budget review that this year will see the Intergovernmental Fintech Working Group putting more effort into studying the possible use cases of stablecoins and tokenization to further promote digital payments.

International Business Times

FTX To Sell Shares In AI Startup Anthropic

FTX to sell shares in AI startup Anthropic, reflecting fintech-crypto evolution and strategic growth opportunities.

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1 Fintech Stock Under $300 to Buy and Hold Forever

At its currently reasonable valuation, this fintech stock is a good investment to buy and hold for the long haul. Here's why.

Barchart

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Simetrik Secures M In Funding Led By Goldman Sachs

Simetrik secures million funding led by Goldman Sachs to drive growth and innovation in Latin American fintech sector.

Top News

IPO Watch: Fintech With 6.4% Dividend Blasts Into Buy Range

Already a powerhouse in Kazakhstan, 2024 IPO and fintech leader Kaspi breaks out ahead of earnings and ranks among the top dividend stocks to watch.

Investors Business Daily

StocksToTrade: Zak Westphal's Innovation In Fintech Through AI And Strategic Trading Tools

StocksToTrade has been recognized for providing some of the most cutting edge tools for traders and also bringing an element of education and strategy that many other tools lack.

International Business Times

India Central Bank Urges Visa, Mastercard to halt B2B Fintech Payments

The Reserve Bank of India has requested Visa and Mastercard to cease business-to-business payments through fintech platforms, according to sources.

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Rising Bitcoin Gives U.S.-Listed Crypto Firms a Boost

Discover how U.S.-listed crypto firms are benefiting from the surging value of bitcoin and explore the potential impact on the fintech and stock market lan...

Top News

Checkout.com losses widen to £100 million after 'return of customers to physical retail'

The UK’s most valuable fintech firm today posted a £100 million loss as it blamed high inflation and a normalising of consumer shopping habits after the pandemic for its sluggish growth.

Evening Standard

Klarna’s CEO embraced AI by telling OpenAI’s Sam Altman, “I want Klarna to be your favorite guinea pig”

As his fintech preps for an eventual IPO, Sebastian Siemiatkowski believes experimenting with AI is crucial.

Fortune

Genesis settles million SEC settlement in bankruptcy wind-down

Genesis, a fintech firm, has reached a million settlement with the SEC in its bankruptcy wind-down. Information on the implications and details of the ...

Top News

London fintech Kriya lands new finance facility to fund £1 billion business customer payments

London fintech lender Kriya has secured a new £50 million finance facility as it marks the latest stage of its rapid international expansion.

Evening Standard

3 Consumer Financial Stocks Worth Your Watch

The consumer financial industry is undergoing a remarkable surge in technological advancements, largely fueled by the expansion of digital banking. Therefore, it might be an opportune time to load up the shares of three consumer financial stocks, Visa Inc. (V), Grupo Supervielle S.A. (SUPV), and EZCORP, Inc. (EZPW), for potential…

StockNews.com

London fintech news site AltFi shuts for business

London-based fintech news website AltFi has shut for business, the company announced today.

Evening Standard

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The Hindu

Hyderabad fintech NBFC raises $75 million

Hyderabad-based fintech NBFC, Vivifi India Finance, raises $75 million for business expansion and financial services extension.

Evening Standard

It's a question of time before the UK gets its own Bitcoin ETFs

City Voices: Just as London played host to successful fintech pioneers such as Starling and Monzo, so equivalent success for digital assets firms can now happen

The Hindu

TIDCO announces e-auction of developed vacant plots in Fintech city

TIDCO announces e-auction of developed plots in Fintech City, Chennai, offering prime real estate for BFSI/Fintech companies.

Evening Standard

Zilch opens major new office as London fintech charts course for expansion ahead of potential IPO

London fintech Zilch is today moving into shiny new offices in Victoria as the buy now, pay later business gears up for major expansion ahead of a potential IPO later this year.

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The Hindu

India among most vibrant fintech hubs: WEF study

Releasing the report during its Annual Meeting 2024 in Davos, the World Economic Forum said fintechs are increasingly expanding operations across borders, mainly in the same region as their headquarters.

International Business Times UK

UK Fintech Sector Secured More Funding Than 28 European Nations Put Together in 2023

Riding on the success of the UK firm Rapyd which raised £235 million, the UK fintech sector continues to be a leader in fintech funding despite a decrease in the number of deals secured in 2023 by over 100.

Top News

US lawmakers push SEC for cybersecurity fix after account hack

US lawmakers are calling on the SEC to enhance its cybersecurity measures following a high-profile hack. The move aims to protect investors and bolster tru...

The Hindu

‘Build for Billions’ accelerator for fintech startups unveiled in Telangana

DLabs at ISB launches ‘Build for Billions’, a fintech startup accelerator for addressing challenges faced by startups focussed on solutions for informal sector.

Top News

South Korean Regulator Warns Against Local Bitcoin ETF Brokering

Learn about the potential illegality of brokering US Bitcoin ETFs in South Korea, as warned by a local regulator. Stay informed on fintech regulations.

The National (Scotland)

Scotland's financial technology sector witnesses major jobs increase

SCOTLAND’S financial technology sector has seen a significant increase in jobs with more than 10,500 people now employed in the industry.

Top News

Circle Files for US IPO, Expanding Stablecoin and Fintech Reach

Stablecoin firm Circle has filed confidentially for a US IPO, signaling its intentions to go public and explore further growth opportunities in the fintech...

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