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The Latest Breaking News from fintech

Number of African-born millionaires to skyrocket over next decade: report

Africa’s millionaire population is expected to rise by 65 percent within the next 10 years, accordig to the 2024 Africa Wealth Report, published this week.

Radio France Internationale

Block vs. Affirm: Which Buy Now, Pay Later Stock Does Wall Street Prefer?

With consumers stretched by inflation, demand for BNPL is expected to remain high, benefiting BNPL stocks like SQ and AFRM. Here's a look at what Wall Street expects for these two fintech names.

Barchart

Fintech sector has been a great UK success story — but it could be even more than that

City Voices: For a Government with the ambition to change the UK as a whole, fintechs can drive growth and bring down barriers

Evening Standard

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Morgan Stanley on the hunt for British fintechs

Morgan Stanley is poised to get its hands on a British fintech firm — but which one?

Evening Standard

London fintech GoCardless taps parent for £131 million funding after losses widen

The company has cut more than a quarter of its workforce since June 2023

Evening Standard

2 Growth Stocks Under $500 That Could Soar This Year

Both of these reasonably valued growth stocks could make an excellent addition to your portfolio now.

Barchart

Up 44% YTD, Is This Breakout Warren Buffett Stock Still a Buy?

Nu Holdings stock is up 44% in 2024, and 167% in the last 12 months. Despite its outsized gains, the fintech giant is positioned to outpace the broader markets in 2024 and beyond.

Barchart

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ClearBank looks to acquire US bank ahead of global expansion

London fintech ClearBank is on the lookout to buy a US bank as it charts a course for international expansion.

Evening Standard

Terraform Labs To Present Final Pitch In Civil Fraud Trial

Terraform Labs faces civil fraud trial over alleged deceptive practices in fintech sector. Outcome could impact company's future and industry standards.

Top News

Embracing Innovation: The Rise of Non-Traditional Mortgage Lending with Neil Anders

The traditional mortgage lending industry has witnessed a seismic shift as non-traditional lenders, including fintech startups gain traction in the market.

International Business Times UK

Bitcoin Surges 11.63% To Reach ,900

Bitcoin's value surges to ,900, reflecting growing interest in fintech and its potential as a store of value.

Top News

US Imposes Sanctions On Russian Fintech Firms For Evasion

US imposes sanctions on Russian fintech firms for aiding sanctions evasion through blockchain services and virtual currency payments.

Top News

Terraform Labs' Civil Fraud Trial Begins In New York

Terraform Labs faces civil fraud trial in New York, impacting fintech and cryptocurrency industries.

Top News

FTX Anticipates Reduction In Bankruptcy Claim To - Billion

FTX anticipates a reduced bankruptcy claim of -5 billion, showcasing proactive financial management in the fintech and cryptocurrency industries.

Top News

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Evening Standard

The Banking-as-a-Service bubble is about to burst - and fintechs will feel the effects

City Voices: This golden age of BaaS is not as shiny as it seems

Top News

US Judge Criticizes SEC For 'Gross Abuse' Of Power

US judge criticizes SEC for overreach in dispute with blockchain firm, highlighting regulatory challenges in fintech.

Investors Business Daily

Fintech Fuels 105% Growth With Bitcoin Boost. Savvy Funds Want In.

Fintech leader Block fueled 105% earnings growth last quarter, driving Block stock into buy range, where it remains despite some volatility.

Barchart

Down 29% YTD, Can SoFi Stock Double from Here?

With a 2024 loss approaching 30%, former SPAC name SoFi is among the worst-performing stocks this year. However, Truist thinks the stock can nearly double from these levels. Here's the forecast for this fintech company after its recent sell-off.

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StockNews.com

Block Inc. (SQ) vs. Morningstar (MORN) - Which Financial Stock Has Long-Term Growth Potential?

The financial sector is on the cusp of significant growth, driven by the high-interest rate environment, the rapid ascent of fintech solutions, and evolving consumer preferences. So, let us scrutinize leading financial stocks Block (SQ) and Morningstar (MORN) to identify which is best positioned for long-term growth.

Barchart

Is This Fintech Stock a Buy Now?

Wall Street rates this fintech stock a “strong buy,” with as much as 35% upside potential.

StockNews.com

Visa (V) and Mastercard (MA): Top Financial Stock Picks for Your Portfolio in March

The financial industry is undergoing rapid digital transformation and is poised to witness robust growth due to evolving customers’ preferences for digital banking, mobile payments, and personalized financial solutions. Thus, it could be ideal to add top financial stocks Visa (V) and Mastercard (MA) to your portfolio this month. Read…

International Business Times

Gluwa Partners with the Central Bank of Nigeria to Foster eNaira Adoption

Abuja, Nigeria, March 9th, 2024, Chainwire

Top News

Worldcoin Files Lawsuit After Spanish Ban

Worldcoin challenges Spanish government ban in a legal battle with far-reaching implications for fintech and cryptocurrency sectors.

StockNews.com

Propel Your Portfolio Forward With 3 Financial Stocks

The financial services sector has been bolstered by increasing individual wealth, soaring investment activity, and the rise of fintech. Against this backdrop, quality finance stocks Visa (V), Mastercard (MA), and Broadridge Financial Solutions (BR) could be solid buys to propel your portfolio forward now. Read on….

StockNews.com

Potentially Double Your Investments With These 3 Financial Stocks

The strong US economic expansion in 2023, surpassing GDP estimates, is expected to benefit the financial industry by boosting lending, investment activity, and profitability for financial institutions. Hence, fundamentally solid financial stocks ORIX Corporation (IX), FLEETCOR Technologies (FLT), and Jiayin Group (JFIN) might be ideal buys for solid gains. Read…

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