Tagged: fintech

March 1, 2026 @ 6:16 pm By Michael Wong  |  

Fintech investment in the Asia Pacific fell to levels not seen in more than a decade in 2025, as geopolitical tensions, uneven growth, and a cautious funding environment kept dealmaking subdued, according to a report by KPMG. Deal value and volume in the region slipped… Read More

February 27, 2026 @ 11:29 am By Omar Faridi  |  

The mergers and acquisitions (M&A) sector within financial technology is experiencing a significant upswing, driven by strategic consolidations and technological advancements. Industry professionals are highlighting this trend as a pivotal force reshaping the financial services ecosystem. Stephanie Ferris, CEO of FIS (NYSE: FIS), a key… Read More

February 27, 2026 @ 10:30 am By Omar Faridi  |  

Financial infrastructure Fintech Plaid Inc. has recently achieved an $8 billion valuation in its most recent funding round, according to sources familiar with the transaction. This development represents a significant recovery for the San Francisco-based company, which was valued at $6.1 billion just last April… Read More

February 27, 2026 @ 9:10 am By Omar Faridi  |  

Consumer focused Fintech firm Chime Financial (NASDAQ: CHYM) has projected its revenue for 2026 to exceed analyst predictions, fueled by continued enthusiasm for its online financial services and steady spending patterns among users. This announcement led to a significant uptick in the company’s stock price,… Read More

February 27, 2026 @ 8:28 am By Omar Faridi  |  

As part of a recent restructuring move, financial technology firm Block Inc., (NYSE: XYZ) the parent company of Square and Cash App, has announced a significant reduction in its workforce. The company is eliminating approximately 40% of its positions, affecting over 4,000 employees, as it… Read More

February 24, 2026 @ 10:19 am By Omar Faridi  |  

Cross River Bank has launched a full-service branch in Wilmington, Delaware. The opening underscores the fintech infrastructure provider’s commitment to making credit and banking services more accessible across the United States. The new facility will serve as a comprehensive hub for consumer and small business… Read More

February 23, 2026 @ 12:55 pm By Omar Faridi  |  

Cornell Law School Professor Dan Awrey has just released a timely new working paper that delves into one of the most pressing challenges facing modern finance: the disruptive power of technology on traditional banking. Titled Banking, Technology, and Instability, the paper examines how rapid technological… Read More

February 23, 2026 @ 9:19 am By Omar Faridi  |  

In a shift reshaping the boundaries between technology-driven finance and traditional banking, cryptocurrency firms and fintechs are increasingly viewing bank acquisitions as an expedited pathway into established financial systems. This, according to an update from the WSJ, which noted that instead of enduring the protracted… Read More

February 23, 2026 @ 8:32 am By Omar Faridi  |  

GoCardless has launched its Model Context Protocol (MCP), a tool that lets developers and merchants interact with its bank payment platform using everyday natural language. Announced recently this month, this AI-driven innovation marks a major shift in how businesses engage with complex payment systems, eliminating… Read More

February 22, 2026 @ 7:27 pm By Omar Faridi  |  

This past week, eToro Group Ltd. (NASDAQ: ETOR) reported its fourth-quarter and full-year 2025 financial results on February 17, 2026, showcasing a resilient performance in a mixed market environment. The multi-asset trading platform highlighted its transition into a publicly listed company while advancing its vision… Read More

February 22, 2026 @ 11:33 am By Omar Faridi  |  

Small and medium-sized enterprises (SMEs) across the UK are facing mounting financial strain, with concerns over rising business costs hitting a record high, according to the latest insights from finance brokers. The findings, drawn from iwoca’s SME Expert Index for the fourth quarter of 2025,… Read More

February 22, 2026 @ 5:28 am By Omar Faridi  |  

BNPL Fintech company Affirm (NASDAQ: AFRM) continues to focus on redefining consumer credit with significant announcements expected to impact the pay later ecosystem. The company released its FY2025 Corporate Impact Report on February 12, highlighting measurable progress toward transparent, inclusive lending. Recently, Fintech firm Affirm… Read More

February 20, 2026 @ 8:42 am By Omar Faridi  |  

The financial services sector is experiencing a significant surge in efforts to obtain U.S. bank charters under President Donald Trump‘s administration. Industry players, particularly fintech companies and other financial firms, are moving quickly to capitalize on what many perceive as a more accommodating regulatory environment… Read More

February 20, 2026 @ 4:33 am By Omar Faridi  |  

San Francisco-based data and AI focused firm Databricks noted this past week that it has delivered steady results, announcing on February 9, 2026, that it has exceeded a $5.4 billion annual revenue run-rate while posting more than 65% year-over-year growth in the fourth quarter. The… Read More

February 18, 2026 @ 10:02 pm By Omar Faridi  |  

Backbase, a Fintech firm focused on enabling artificial intelligence-driven banking technology, has joined forces with Plaid, the financial data network serving as the analytical foundation for modern financial services. The partnership, unveiled recently, now aims to directly tackles one of the sector’s most persistent obstacles:… Read More

February 18, 2026 @ 12:18 am By Omar Faridi  |  

In a move impacting alternative investments, Banco Itaú International and Banco Itaú (Suisse) SA—collectively known as Banco Itaú—have deepened their alliance with Fintech platform iCapital. Announced recently, this enhanced partnership introduces various types of digital tools to streamline private markets investments for Banco Itaú’s affluent… Read More

February 15, 2026 @ 10:43 am By Omar Faridi  |  

KPMG has released a series of reports highlighting the UK’s economic resilience amid global challenges. These analyses cover private equity trends, fintech funding, and the critical role of AI skills development, painting a picture of a market poised for recovery despite recent dips. Private equity… Read More

February 12, 2026 @ 10:35 am By Omar Faridi  |  

Ripple Labs has submitted a detailed response to the U.S. Federal Reserve‘s request for input on a new payment account prototype. This initiative, outlined in Docket OP-1877, aims to enhance the efficiency and security of the nation’s financial infrastructure by allowing select non-bank entities, such… Read More

February 12, 2026 @ 6:27 am By Omar Faridi  |  

Fintech firm Ctrl Alt has been selected as a Synchronization Operator within the Bank of England‘s newly established Synchronization Lab. This move underscores the central bank’s commitment to modernizing the nation’s monetary framework by blending cutting-edge distributed ledger technology (DLT) with longstanding market systems. The… Read More

February 10, 2026 @ 1:46 am By Omar Faridi  |  

In a seemingly steady start to the new year, electronic bond trading platform Trumid has reported solid results for January 2026, showcasing expansions in market presence, transaction volumes, and user involvement. The company’s average daily volume (ADV) climbed to a $9.9 billion, marking a 44%… Read More