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The Latest Breaking News from fintech

Former Brex duo raises $5 million for new, pre-revenue A.I. agent startup meant to help fintech teams scale

AJ Asver and Miguel Rios-Berrios closed the round for Parcha AI in mid-July—a mere two months after publicly launching the company.

Fortune

Regulators are cracking down on banks that cater to fintechs. Here’s how CFOs can prepare

Konrad Alt, a former regulator with decades of experiencing advising banks, warns fintech CFOs to de-risk from their partner banks as regulators close in.

Fortune

$33 billion startup Revolut cites ‘evolving regulatory environment’ in decision to end crypto service to U.S. customers

The decision follows the fintech firm's delisting of three tokens the SEC claimed were unregistered securities in its lawsuits against Binance and Coinbase.

Fortune

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Nigel Farage can bank with us, boss of London fintech Pockit says as it unveils $10 million raise

The boss of a London fintech has said Nigel Farage would be able to open an account with them after it unveiled a fresh $10 million funding round.

Evening Standard

The 21 most powerful players in private equity

A new guard is (finally) emerging in private equity

Fortune

One Greylock VC's ‘overlooked’ A.I. investing strategy

He’s eyeing companies whose value is 80% in fintech or another sector, and 20% A.I.

Fortune

What Do These 3 China Stocks Have in Common? Quality and Smart Money Interest

The Chinese economy demonstrated immense resilience despite facing many challenges. This solidity is strengthened further by an array of initiatives deployed by the nation, which have the potential to fortify its financial terrain. Therefore, quality Chinese stocks Alibaba Group Holding (BABA), FinVolution Group (FINV), and LexinFintech Holdings (LX), owned significantly…

StockNews.com

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Smart Money Management: The Best Trends and Tools

Trends and Tools for Smarter Money Management: Technology in Personal Finance

Kiplinger

How High Can Nu Holdings Stock Rise?

Nu Holdings is a fintech stock trading at a premium. But here's why it is one of the most compelling growth stocks in the world.

Barchart

How High Can Nu Holdings Rise?

Nu Holdings is a fintech stock trading at a premium. But here's why it is one of the most compelling growth stocks in the world.

Barchart

Cryptocurrency Market To Expand By $1,815.78M With 15.81% CAGR By 2027: Technavio

Increased investments, accessible wallets, and fintech spending drive growth; Web3 ecosystem at a critical juncture

Zenger

Israeli Fintech Capitolis Donates Transactional Revenue To Community Service

Capitolis Connects program supports organizations in New York, London, and Tel Aviv

Zenger

London fintech Monzo preparing merger deal with Nordic rival Lunar

The mobile bank is also considering other acquisitions in Europe

Evening Standard

Fintech firms voice frustration as regulatory approvals plunge to fresh lows

Just seven applications were approved in the first quarter of 2023, in signs fintech firms face a near-impossible pathway to getting regulatory clearance to operate in the UK

Evening Standard

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Evening Standard

UK Fintech investment drops by more than a third

The fall is a much steeper decline than the 14% drop in total capital invested in Fintech globally

Bangkok Post

Chinese tech firms handed massive fines

BEIJING: Chinese regulators said on Friday they had fined the fintech giant Ant Group almost $1 billion for “illegal acts” and handed an affiliate of rival Tencent a $415-million penalty, adding that a long-running crackdown on technology companies was drawing to a close.

Kiplinger

Four Questions to Consider When Introducing Clients to New Fintech

To guide your clients toward a smooth adoption of useful fintech tools, ask these questions.

The Independent UK

Millennial Money: The credit-building road with alternative credit cards could be bumpy

So-called alternative credit cards from financial technology companies can offer you the opportunity to build credit when your options are limited, and they tend to lower or eliminate many barriers along that path

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news in one place.

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StockNews.com

3 China Stocks Showing Great Value

With the easing of restrictions, China’s economy is expected to witness significant growth this year. Therefore, investors could consider buying China stocks FinVolution (FINV), LexinFintech Holdings (LX), and Tarena International (TEDU), which are currently trading at a discount. Keep reading.

Zenger

Lithuania Solidifies Fintech Hub Status With New Memorandum Of Understanding

Prominent institutional actors join forces to enhance conditions for business and foster transparent regulatory frameworks.

Insider UK

London fintech firm relocates HQ to Aberdeen

With support from Scottish Enterprise, the start-up has made ONE Tech Hub its new home

Newsroom.co.nz

A short history of doing sweet FA on bank innovation

It’s not just the upcoming ComCom banking inquiry; three announcements in the past month are intended to nudge NZ towards more competitive, more innovative, consumer-focussed banking system. But it’s taken far too long, and there’s a long way to go.

The Hindu

Morning Digest | Google announces global fintech operation centre in Gujarat; ‘We stand together to fight BJP in 2024’, says Opposition in Patna, and more

The Hindu’s Morning Digest brings readers a select list of stories to start the day

Evening Standard

Board exodus at London fintech WorldFirst

London fintech WorldFirst has seen a mass board exodus as billionaire Jack Ma tightens his grip on the management of the payments company, the Standard has learnt.

The Hindu

Fintech City contractor had bagged NHAI contract as well, says T.N. government

The company PST Engineering Construction (PSTEC), which came under criticism for poor quality of construction in the apartments it built for Tamil Nadu Urban Habitat Development Board in K.P. Park, Chennai, had recently bagged a contract from National Highways Authority of India as well, a statement by the Tamil Nadu…

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