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The Latest Breaking News from fintech

Block vs. PayPal: Which Fintech Stock Is the Better Buy Right Now?

Although both Block and PayPal reported strong third quarter results, Wall Street has higher growth forecasts for one of these fintech stocks, thanks to its potential to drive exceptional growth once the economy improves.

Barchart

Aries’ CEO Reda Falih: We Want To Be 100% Client Focused

Falih will participate in the upcoming Fintech Deal Day in New York City

Zenger

Millennials led the consumer fintech revolution post-2008. Here’s why Gen Zers are about to do the same

The ground is shifting again–and it looks strikingly similar to the early 2010s.

Fortune

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U.K. fintech used to be a side hustle for bored finance executives in the wake of the Global Financial Crisis. Now it’s an industry with the potential to rival the country's big banks

The 5 leading banks in the U.K. have experienced a sustained decline in market capitalization since 2008. Meanwhile, fintech has become the most valuable segment of the British tech industry.

Fortune

Dow Jones Rises As Fed Decision Looms; Tesla Rises On Big Win

Advanced Micro Devices will report at market close. Bitcoin flashed a golden cross sign.

Investors Business Daily

What Revolut’s attempt to secure a UK banking licence could mean for its current customers and for the 'unbanked'

Last year, the CEO of financial technology (fintech) company Revolut added a UK banking license to his 2022 Christmas wish list, telling startup news outlet Sifted: “I would love to have it as a Christmas present. A present for me personally and for the business.”

The Conversation

Apex Fintech CEO is eyeing an IPO—after pulling plans for a SPAC in 2021

Apex is in talks with banks about a possible IPO.

Fortune

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FTSE 100 Live: Shares rebound as interest rate fears ease, Bitcoin surges, UK unemployment at 4.2%

The UK's unemployment rate held steady at 4.2% today, the ONS revealed, as it introduced a new methodology to count the jobless population.

Evening Standard

CAB Payments shares plummet after forecasts slashed

London fintech CAB Payments saw its share price plummet more than 60% as markets opened this morning after it warned of a sudden slump insales.

Evening Standard

This Low-Priced Warren Buffett Stock Has 57% Upside Potential

StoneCo stock, backed by none other than Warren Buffett, is a value pick to watch as Brazilian policymakers continue to cut rates.

Barchart

3 Fintech Stocks Analysts Like Better Than SoFi Technologies

While SoFi Technologies has raced ahead in 2023, other fintech stocks like Block, PayPal, and Fiserv have earned better ratings from Wall Street. Here's what you need to know about the latest fintech industry forecasts.

Barchart

Future of Finance: TaxBit’s Argalas on the benefits of FinTech-TradFi collaboration, and how clear crypto rules would help everyone

Argalas ascended to the top position at TaxBit in June after previously serving as chief operating officer.

Fortune

WorldFirst founder abruptly quits after governance overhaul

The London fintech had shifted operations to Asia at the instruction of Jack Ma-owned parent company Ant Group

Evening Standard

Future of Finance: Nubank’s Vélez discusses FinTech’s rise in emerging markets and how Brazil is 5 years ahead of the U.S.

Vélez’s Nubank helped challenge the power of major players which dominated banking in Brazil.

Fortune

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Evening Standard

London fintech Zepz edges closer to profitability after sales jump

Money transfer fintech Zepz today took a step forward to full-year profitability after it announced a boost in sales.

Zenger

Bitstamp’s Bob Zagotta Emphasizes Compliance And Trust In Crypto Industry Interview

Bitstamp's US CEO highlights compliance forward approach in insightful interview at Fintech Deal Day

Barchart

A Wall Street Analyst Predicts That This Fintech Stock Under $10 Will Double, Here's Why

SoFi stock is down 71% from all-time highs. But as student loan payments start back up, at least one analyst thinks this low-priced lender could double in value.

Evening Standard

Jack Ma-owned London fintech WorldFirst shifts Asia business away from UK oversight in major shake-up

The firm said it took the decision based on ‘the strategic alignment of the legal entities’

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Zenger

Educational Fintech Platform SHENIX® Launches Groundbreaking App For Latinas

SHENIX® launches app empowering Latinas to make informed financial decisions, coinciding with Hispanic Heritage Month.

AAP

Great Southern banks profit, readies microbusiness move

Great Southern Bank will launch a modern platform for under-served microbusinesses in partnership with Sydney fintech Constantinople this year.

Evening Standard

London fintech owner linked to drug kingpins faces Belgian trial

A London-based fintech owner accused of helping drug traffickers launder hundreds of millions of euros through a crypto exchange platform must be extradited to Belgium to face criminal charges, a London judge ruled.

Evening Standard

This new tech fund can help revive the London market for listings

City Voices: The figures show that we’re better at planting the seed than pouring on the fertilizer when the shoots are showing

Fortune

Why my growing fintech chose not to be a bank

Figure didn’t withdraw its application because it couldn’t become a bank. It no longer wants to be a bank.

Barchart

As Student Loan Repayments Resume, is SoFi Stock a Buy Now?

SoFi is among the biggest beneficiaries as student loan repayments resume this October. Here's what makes SoFi a top fintech stock to buy right now.

Evening Standard

Founder of Jack Ma-backed fintech WorldFirst hits back over risk management questions after board exodus

Founder Jonathan Quin is understood to have questioned changes to risk and oversight functions at meetings of the firm’s risk committee.

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