The Latest Breaking News from fintech

In addition to the job cuts, Addepar has seen some senior executives leave recently.

Exclusive: Company denies creation of team to track overhaul is part of effort to secure UK banking licence

Business magnate Jack Ma who controlled over 50 percent of the fintech giant’s shares will now hold just 6.2 percent.

The Bristol-based organisation was founded by firms operating in the city to bring together companies in the South West’s growing financial tech sector

The aim of the hub is to help "ramp up" capabilities in financial services design, data analytics and engineering

Financial services company SoFi Technologies (SOFI) recorded impressive growth across its business segments. However, the company’s losses widened, and analysts seem bearish about its earnings growth prospects due to its bleak fundamentals and the potential recessionary pressures. Thus, is it wise to buy this under $5 fintech stock? Read more…

Top VCs think that while valuations might have gotten overblown in 2022, there’s still plenty of opportunity to invest going forward. Here are the trends and companies they’re most excited about.

Undoubtedly, financial technology (fintech) is driving greater financial inclusion. Innovations are giving people more access to financial services through mobile and computing services, the internet, and payment cards. One of these services is microcredit: small loans for individuals and informal businesses.

Lending firm Updraft today became the latest London fintech to ramp up its expansion plans after it completed a £108 million debt and equity raise to scale up operations.