Tagged: fintech

May 10, 2026 @ 6:28 pm By Omar Faridi  |  

Ramp—the New York-based Fintech platform streamlining business spending—is reportedly nearing a major capital infusion of roughly $750 million. This fresh round would value the company at more than $40 billion before the new money arrives, marking roughly a 25 percent jump from its $32 billion… Read More

May 10, 2026 @ 11:39 am By Omar Faridi  |  

A fintech company known for offering corporate credit cards and banking services tailored to e-commerce businesses has filed for liquidation under Chapter 7 of the U.S. Bankruptcy Code. Parker Group, Inc., which emerged from the Y Combinator Winter 2019 batch, submitted its voluntary petition on… Read More

May 10, 2026 @ 11:34 am By Omar Faridi  |  

ClearBank, a Fintech focused on instant payment processing and integrated financial services, has revealed a collaboration with Fiat Republic. Announced recently this month, the initiative promises to transform how companies and banks across Europe handle euro transactions, making them quicker and straightforward. Fiat Republic has… Read More

May 8, 2026 @ 7:30 am By Omar Faridi  |  

Affirm Holdings, Inc. (NASDAQ: AFRM) announced steady third-quarter fiscal 2026 performance, underscoring its resilience in a volatile economic environment. For the period ended March 31, 2026, the company reported gross merchandise volume (GMV) of $11.6 billion, marking a 35% increase from the prior year. Total… Read More

May 5, 2026 @ 3:35 pm By Omar Faridi  |  

Wise (LON:WISE) has rolled out a new Interest feature for its customers in Canada, marking the first time a provider in the country has allowed users to earn competitive returns on balances held in multiple currencies—all within a single, unified multi-currency account. The cross-border payments… Read More

May 5, 2026 @ 1:41 pm By Omar Faridi  |  

Canada’s largest banks are advancing negotiations to offload their long-standing payments processing partnership. The Royal Bank of Canada and the Bank of Montreal are reportedly engaged in advanced discussions to transfer ownership of their jointly held enterprise, Moneris, to the U.S. private equity firm Francisco… Read More

May 5, 2026 @ 9:52 am By Omar Faridi  |  

Meta (Facebook) (NASDAQ:META) has started with supporting stablecoin payouts to certain social media content creators, effectively enabling them to accept earnings in Circle’s USDC on the Solana or Polygon crypto networks. In the past, Meta has been known to aggressively pursue a range of (mostly unsuccessful)… Read More

May 3, 2026 @ 6:08 pm By Omar Faridi  |  

Thunes and WireBarley have unveiled a partnership designed to streamline international money transfers. Announced recently, during Money20/20 Asia, the collaboration aims to deliver instant, efficient cross-border payment options for both businesses and consumers, particularly targeting key routes involving South Korea, the United States, Australia, and… Read More

May 3, 2026 @ 11:49 am By Michael Wong  |  

UAE-based Fintech VaultsPay has entered into a strategic collaboration with Mastercard, in a move that could strengthen its card issuance and merchant acquiring capabilities as competition intensifies in the country’s digital payments market. Under the agreement, VaultsPay will use Mastercard’s global network and payments technology… Read More

May 2, 2026 @ 2:36 pm By Omar Faridi  |  

Shopify (NASDAQ: SHOP) is now said to be ramping up its focus on the financial technology sector by actively applying for key regulatory clearances across the United States. The e-commerce powerhouse aims to expand its capabilities in handling payments and broader financial offerings for merchants… Read More

May 2, 2026 @ 12:46 pm By Omar Faridi  |  

Visa (NYSE: V), like most other Fintechs at this time and even tech giants like Meta to some extent, is pushing ahead with its stablecoin strategy, announcing the integration of five additional blockchains into its global settlement pilot program. The expansion gives issuers and acquirers… Read More

May 2, 2026 @ 12:45 pm By Omar Faridi  |  

Global Fintech Airwallex has introduced an nitiative called Latitude 37 aimed at nurturing Australia’s emerging cohort of artificial intelligence entrepreneurs. Announced on April 30, 2026, from Melbourne, the program seeks to empower young founders in the critical early phases of their ventures by injecting vital… Read More

April 28, 2026 @ 7:53 pm By Omar Faridi  |  

Nigel Morris, Managing Partner at QED Investors, says he has never witnessed a shift as profound as the one driven by agentic AI. In his view, this technology is reshaping the entire Fintech industry in ways that go far beyond previous cycles of innovation. His… Read More

April 28, 2026 @ 5:55 pm By Omar Faridi  |  

Block Inc.,(NYSE: XYZ), the financial technology firm behind Square and Cash App and closely associated with Jack Dorsey, has unveiled its latest proof-of-reserves disclosure for the first quarter of 2026. This announcement spotlights the company’s substantial Bitcoin position, which stands at a total of 28,355… Read More

April 26, 2026 @ 5:51 pm By Michael Wong  |  

Southeast Asia is emerging as Asia’s most concentrated Fintech market, underscoring both the region’s maturity and the significant growth potential in less-developed ecosystems across the continent, according to a new study. The analysis by Singapore-based UnaFinancial found that Southeast Asia hosts an average of 14… Read More

April 20, 2026 @ 11:16 pm By Omar Faridi  |  

Adyen (AMS: ADYEN), the global financial technology provider, has deepened its longstanding collaboration with lastminute.com, Europe’s prominent player in dynamic vacation packages. The latest development introduces Adyen’s issuing capabilities, enabling the travel platform to streamline supplier disbursements through Visa-branded prepaid virtual cards. This move is designed… Read More

April 20, 2026 @ 2:42 pm By Omar Faridi  |  

Plaid has released its latest research, The State of Intelligent Finance: AI, Agents and Trust, offering a snapshot of how artificial intelligence is transforming everyday money management. The Spring 2026 study shows that AI is no longer a novelty for consumers—it has become an essential… Read More

April 19, 2026 @ 5:19 pm By Omar Faridi  |  

American Express (NYSE: AXP) appears to be quietly rewriting the rules of corporate expense management by agreeing to acquire Hyper, a specialist in agentic AI tools that automate everything from receipt categorization and policy checks to report filing and budget alerts. Financial terms of the… Read More

April 15, 2026 @ 7:22 am By Omar Faridi  |  

Alpaca has rolled out version 2 of its MCP Server, marking a significant overhaul of the platform that connects artificial intelligence assistants to its trading infrastructure. The update aims to prioritize scalability, easier upkeep, and enhanced dependability, allowing developers and traders to interact with markets… Read More

April 14, 2026 @ 10:36 pm By Omar Faridi  |  

PitchBook’s Emerging Tech Research team released its Q1 2026 Fintech & Payments Public Comp Sheet and Valuation Update recently, painting a rather sobering picture of the public payments ecosystem. Despite carrying considerable momentum into the new year, publicly traded fintech and payments companies shed roughly… Read More