Business
Is SoFi's Valuation Justified?
This article examines the financial valuation of SoFi, a fintech company heavily leveraging AI and automation, questioning whether its current market premium is justified.
钛媒体 · 81d ago
Latest Fintech News & Updates
AI in banking, payments, trading and insurance — fraud models, robo-advisors and the regulators watching them.
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Business
36氪 launches AI-powered market intelligence tool
36氪 released a WeChat mini-program that aggregates financial data, news, and research reports. It uses AI to summarize events and market trends for investors.
36氪 · 82d ago
Business
Prosus profits double on e-commerce growth and Tencent stake
Prosus reported a significant profit increase, driven by the strong performance of its diversified e-commerce portfolio and its strategic stake in Tencent. The company is successfully transitioning from being perceived as a single-asset investor to a broader tech conglomerate.
The Next Web (TNW) · 82d ago
Business
Tencent tests TenPayGo app for overseas visitors
Tencent has launched a test version of TenPayGo on the Apple App Store, an English-language payment app designed for international visitors. This suggests a push to expand WeChat Pay's accessibility to global users.
TechNode · 82d ago
Applications
Google Finance exits beta with new Android app launch
Google Finance has officially exited its beta phase, marking a transition to a full production release. The update includes the launch of a dedicated Android application to improve user accessibility.
Google AI Blog · 86d ago
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Business
DoubleLine: AI Still Early in Bond Market Adoption
Jeff Sherman of DoubleLine Capital discusses the current state of the U.S. Treasury market, noting that AI's integration into bond market analysis is still in its nascent stages.
Bloomberg Technology · 87d ago
Business
South African banks pivot to telecom-integrated business models
South African banks are increasingly incorporating telecommunications services into their offerings to capture more user engagement. By leveraging mobile connectivity, these institutions aim to diversify revenue streams and deepen digital customer relationships.
TechCabal · 87d ago
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Business
Fintech Unicorn MNT-Halan Plans Cairo IPO
Egyptian fintech unicorn MNT-Halan is reportedly working with Citi and EFG Hermes to prepare for an initial public offering in Cairo later this year.
Bloomberg Technology · 87d ago
Business
YellowCard Expands to Switzerland Amid African Tech Shifts
African fintech platform YellowCard has announced its expansion into the Swiss market. The update also highlights regulatory challenges for Starlink in Namibia and the establishment of a new cybersecurity agency in Kenya.
TechCabal · 87d ago
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Business
BOE Sets $52.8B Stablecoin Cap and Drops Holding Limit
The Bank of England has introduced a £40 billion cap on the issuance of individual stablecoins. It simultaneously removed previous restrictions on how much firms and households can hold.
Bloomberg Technology · 88d ago
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Bloomberg Crypto: Industry Leaders Discuss DeFi and RWA
The latest edition of Bloomberg Crypto features insights from industry leaders including Strive CEO Matt Cole and Dragonfly COO Lindsay Lin. The discussion covers the current state of decentralized finance and real-world asset (RWA) tokenization.
Bloomberg Technology · 88d ago
Business
Banking Access Remains a Hurdle for Crypto Firms
CryptoProcessing’s MLRO discusses the persistent difficulties crypto firms face in securing banking partnerships. Despite increased regulatory compliance, financial institutions remain hesitant to onboard crypto-related businesses.
The Next Web (TNW) · 88d ago
Business
Robinhood Raises $2B via Convertible Bonds for Buybacks
Robinhood Markets is raising $2 billion through zero-coupon convertible senior notes due in 2029. The capital will be used for stock buybacks, reflecting a trend of tech companies leveraging equity upside to manage capital structure.
The Next Web (TNW) · 89d ago
Business
Nigerian Banks Favor Corporate Lending Over Retail Consumers
Data from four major Nigerian banks reveals a significant disparity in lending, with corporate entities receiving 10 times more credit than individual retail consumers. Despite holding ₦89.94 trillion in deposits, the banking sector prioritizes large-scale corporate loans.
TechCabal · 89d ago
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Yoco Unveils 20+ New Fintech Features
At the Yoco Next 2026 event, the fintech company launched over 20 new products and features aimed at simplifying small business operations in South Africa. The focus is on consolidating tools to reduce app fatigue for merchants.
TechCabal · 93d ago
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Business
GCash Owner Receives Approval for Philippine IPO
The parent company of the Philippines' leading fintech app, GCash, has received regulatory approval for an IPO. Globe Telecom Inc.
Bloomberg Technology · 95d ago
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Business
Small Businesses Increasingly Use Hedging via Kalshi
Kalshi co-founder Tarek Mansour reports a growing trend of small businesses utilizing prediction markets for financial hedging. This shift highlights the adoption of alternative financial instruments for risk management.
Bloomberg Technology · 95d ago
Business
PawaPay hits 3 billion mobile money transactions in Africa
UK-based fintech PawaPay has processed over 3 billion mobile money transactions across Africa. The company achieved its latest billion-transaction milestone in under nine months and currently handles five million payments daily.
TechCabal · 95d ago
Business
Microsoft testing buy now, pay later for Xbox purchases
Code discovered on the Xbox website indicates that Microsoft is integrating 'buy now, pay later' services. Users may soon be able to split payments for games and hardware via Klarna and PayPal.
Digital Trends · 95d ago
Business
Nuvei Acquires Payoneer for $2.75 Billion
Canadian fintech firm Nuvei is acquiring cross-border payment provider Payoneer in an all-cash deal worth $2.75 billion. The acquisition is designed to accelerate Nuvei's global expansion strategy.
cnBeta (Full RSS) · 96d ago
Applications
American Express acquires TheFork for $700m to expand dining
American Express has acquired the European restaurant-reservation platform TheFork from Tripadvisor for $700 million. This acquisition integrates a network of 50,000 restaurants into Amex's existing dining ecosystem.
The Next Web (TNW) · 96d ago
Business
Razorpay files for IPO via confidential route
Indian fintech giant Razorpay has submitted draft papers for an IPO using India's confidential filing mechanism. This move allows the company to progress toward public markets without immediately disclosing sensitive financial data.
The Next Web (TNW) · 96d ago
Applications
Apple Wallet adds loyalty scanning and bill splitting in iOS 27
Apple Wallet is receiving significant updates in iOS 27, including new capabilities for scanning loyalty cards and splitting restaurant bills. These features aim to transform the app into a more functional, daily-use utility.
Digital Trends · 97d ago
Business
Neobank Current raises $80M at lower valuation
Neobank Current secured $80 million in a Series E round led by Springcoast Partners at a $1.5 billion valuation. This reflects a down round compared to its 2021 peak valuation of $2.2 billion.
The Next Web (TNW) · 99d ago
Business
Moroccan Proptech Agenz Secures $5M for Real Estate Digitization
Moroccan proptech startup Agenz has raised $5 million to advance its platform for digitizing real estate transactions. The funding round included participation from Breega, Attijariwafa Ventures, and Saviu Ventures.
TechCabal · 99d ago
Business
TechCabal Daily: Kenya’s Family Bank IPO and Industry News
The daily roundup covers Kenya’s Family Bank going public and various tech industry updates. It includes a feature on product marketing expert Bolaji Anifowose.
TechCabal · 99d ago
Business
Cash App launches $40 unlimited 5G phone plan
Cash App has expanded its services to include a mobile carrier offering. Select users can now access a $40 unlimited 5G plan utilizing the AT&T network.
Digital Trends · 100d ago
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Sim Shagaya launches Myka to digitize insurance brokerage
Sim Shagaya has launched Myka, a licensed digital insurance broker. The platform aims to replicate the success of agency banking in fintech by aggregating insurance products from multiple providers for consumers and businesses.
TechCabal · 102d ago
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AXA Launches Wealth Management Platform for High-Net-Worth Clients
AXA Global Private has introduced a new digital platform designed to assist high-net-worth and ultra-high-net-worth individuals with wealth management and investment discovery. CEO Sally Wan highlights the firm's strategic focus on leveraging technology to serve sophisticated financial needs in the Greater China region.
Bloomberg Technology · 104d ago
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Egypt to IPO State Assets Including Banque du Caire
The Egyptian government is initiating the listing of state-owned assets to attract foreign investment. This move includes the public offering of major financial institutions like Banque du Caire.
Bloomberg Technology · 106d ago