The Latest Breaking News from fintech

Booming fintech company gives details of initiative to improve working culture as profits more than double

Lee Seung-gun’s fintech platform, Toss, now boasts a user base equal to more than half of South Korea’s population.

Symphonic Capital has closed its $13.5 million first fund, Fortune can exclusively report.

The share sale, which will provide liquidity to employees, includes participation from Franklin Templeton, Fidelity, BlackRock, Ribbit, and NEA.

Charlie Javice, founder of fintech startup Frank, is awaiting sentencing after being found guilty of defrauding JPMorgan Chase to the tune of $175 million.

Support for cryptocurrencies from US President Donald Trump or Argentine leader Javier Milei has seen investors lose billions of dollars and is damaging a sector struggling for credibility, researchers told AFP. "The entire crypto industry is being tarnished," said Claire Balva, strategy director for fintech company Deblock.

Nu Holdings and Qualcomm remain exciting long-term investment options.

Walmart swapped Affirm for Klarna, sending AFRM stock diving. Yet, analysts still see big gains ahead.

Block co-founder denies that the cuts were for financial reasons or to replace workers with AI