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INSANE: 38 | Vintage Vibes

Here's Why Alibaba Shares Are Trading Lower Premarket After Brief Jump

Alibaba Group Holding Ltd (NYSE:BABA) shares gave up the gains in premarket trading after China snubbed previous reports of the revival of the IPO of its fintech affiliate Ant Group Co. The news of revival reflected possible ease in China's domestic tech crackdown, Bloomberg reports. China had reportedly formed a team to reassess Ant's share…

Benzinga

Saudi Arabia Gears Up to Become Middle East’s Fintech Hub

Amid a fast-paced financial world, Saudi Arabia is emerging as a very bright spot for the future of the financial technology sector in the Middle East. What makes the Kingdom a prominent home for financial technology in the region are several record achievements, foremost of which is the development of…

Asharq Al-Awsat

SEC Chair Gensler Says Crypto Exchanges 'Operating Outside Of The Law': What You Need To Know

Securities and Exchange Commission Chair Gary Gensler spoke at the Piper Sandler Global Exchange and Fintech Conference on Wednesday. One of the topics Gensler discussed in the Q&A session was cryptocurrency regulation.

Benzinga

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FinTech Wales secures £1.6m investment from Cardiff Capital Region

Fintech is one of the Cardiff Capital Region's five key clusters alongside compound semiconductors, creative industries, medtech and cyber.

Birmingham Post

TSB joins FinTech Scotland in search for SME partners

New scheme is seeking fintech firms to help the bank tackle climate and cost-of-living crises

Insider UK

Top News In Fintech And Beyond For June 8, 2022

👉 Top Things To Know In TradeFi:

Benzinga

Green Check Verified Integrates With Cannabis ERP Platform Canix

Green Check Verified (GCV), the leading fintech provider of compliant cannabis banking solutions and services, integrated with Canix, one of the cannabis industry’s most comprehensive seed-to-sale enterprise resource planning solutions.

Benzinga

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PKKFF: Tenet Fintech Revenues Increased 144% In Q1 Despite Delayed Plans and Seasonal Weakness

By Lisa Thompson OTC:PKKFF READ THE FULL PKKFF RESEARCH REPORT

Benzinga

MSME lender FlexiLoans raises $90 million

BENGALURU: MSME-focused lending startup FlexiLoans.com has raised nearly $90 million from Denmark-based PE firm MAJ Invest, UK-based fintech investor Fasanara Capital, and the family offices of Harry Banga and Yogesh Mahansaria, along with many existing shareholders such as Sanjay Nayar, chairman of private equity firm KKR India. The funds will…

The Times of India

Bank of England chief economist Huw Pill says fintech will not displace cash

He said many entrepreneurs were reliant on credit cards and not equity investment to get started.

Birmingham Post

China's Ant Group launches digital bank ANEXT in Singapore

BEIJING: China's Ant Group, a financial technology (fintech) giant controlled by billionaire Jack Ma, on Monday said it has launched a digital wholesale bank incorporated in Singapore, dubbed ANEXT Bank.

Bangkok Post

T.N. sets its sights on fintech and aerospace

The government is establishing a fintech city and trying to bring in more investments into aerospace hub and Defence Corridor

The Hindu

Alibaba's Ant Undergoes Major Board Reshuffle, Names Hong Kong Bourse Boss As Independent Director

Alibaba's Chinese fintech giant Ant Group has appointed Hong Kong Exchanges and Clearing chairman Laura Cha as an independent director, according to a recent website update.

Benzinga

Cathie Wood Scoops Up $1.2M More In This Crypto-Linked Fintech On The Dip

Cathie Wood-led Ark Investment Management on Wednesday further raised its exposure in Coinbase Global Inc (NASDAQ: COIN) as it scooped up 17,382 shares, estimated to be worth $1.19 million, in the cryptocurrency exchange.

Benzinga

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Benzinga

Top News In Fintech And Beyond For June 2, 2022

👉 Top Things To Know In TradeFi:

Benzinga

Blue Ocean Technologies' CEO Says 24-Hour Stock Trading Is Coming

Benzinga, a media and data provider bridging the gap between retail and institutional investors, will be bringing back its annual Global Fintech Awards event to New York City on Dec. 8, 2022.

Benzinga

Option Alpha Founder And CEO On 'Giving People The Tools To Automate Their Trading'

Benzinga, a media and data provider bridging the gap between retail and institutional investors, will be bringing back its annual Global Fintech Awards event to New York City on Dec. 8, 2022.

Benzinga

Abra CEO Talks Consumer-Facing Crypto, Problems To Solve And UST Stablecoin

Benzinga, a media and data provider bridging the gap between retail and institutional investors, will be bringing back its annual Global Fintech Awards event to New York City on Dec. 8, 2022.

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Benzinga

Grab Loses Two Top Fintech Veterans Amid Its Business Restructuring: Reuters

Grab Holdings Limited (NASDAQ:GRAB) lost two top executives in its fintech business, adding to other senior departures as the Southeast Asian ride-hailing and delivery firm rejigs the critical unit at the loss-making group, Reuters reports. Chris Yeo, who headed Grab's payments and rewards business and has been with the company for nearly…

Benzinga

Stripe Resumes Crypto Push Drawing Inspiration From Block, PayPal

Payments company Stripe Inc looks to give customers access to Bitcoin (CRYPTO: BTC)four years after suspending support for the cryptocurrency, Bloomberg reports. Stripe collaborated with crypto startup OpenNode to help its customers to accept Bitcoin payments through a new app. Stripe customers will be able to convert incoming payments and any amount of…

Benzinga

Wells Fargo Lists Its Picks In the Fintech Universe - See Which Stocks Made the Cut

Wells Fargo analyst Jeff Cantwell's top five fintech companies were WEX Inc (NYSE: WEX), FleetCor Technologies, Inc (NYSE: FLT), Fidelity National Information Service

StockNews.com

Should You Buy dLocal Stock After the Fintech Company Reported Record Q1 Results?

Shares of Uruguay-based payments platform dLocal (DLO) soared double digits last week, thanks to its impressive fiscal first-quarter earnings report. However, as Latin American countries battle economic headwinds, will DLO be able to maintain its growth trajectory in the near term? Read more to find out.

Birmingham Post

Leeds fintech firm PrinSIX set to tackle financial exclusion through new platform

The PrinSIX Enterprise Platform aims to level the playing field for the more vulnerable in society

Benzinga

Detroit-Based TiiCKER, Benzinga Announce Partnership To Level-Playing Field, Better Engage Investors

Fresh after a sale to Toronto-based private equity firm Beringer Capital, Benzinga, a media network and data platform, and TiiCKER, a fintech specializing in investor relations, announced a new partnership agreement.

Benzinga

Why American Banks Must Offer Crypto Services To All Consumers — Or Risk Losing Out To Fintechs And Foreign Banks

By Dave Donovan Executive Vice President at Publicis Sapient

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