Group 1 - Futu Holdings reported third-quarter revenue of HKD 6.403 billion (approximately USD 823 million), representing a year-on-year growth of 86.3% [1] - Non-GAAP net profit for the third quarter was HKD 3.312 billion (approximately USD 426 million), showing a year-on-year increase of 136.9% [1] - The breakdown of revenue includes trading commissions and fees at HKD 2.914 billion (approximately USD 374 million), up 90.6% year-on-year; interest income at HKD 3.045 billion (approximately USD 391 million), up 79.2%; and other income at HKD 444 million (approximately USD 57.07 million), up 113.0% [1] Group 2 - As of the end of the third quarter, Futu's registered user base reached 28.16 million, with account numbers at 5.61 million, reflecting year-on-year growth of 17% and 31% respectively [1] - The number of asset-holding clients increased by 43% year-on-year to 3.13 million, and total client assets surpassed HKD 1.24 trillion (approximately USD 159.5 billion), a year-on-year increase of 79% [1] - Total trading volume reached a record high of HKD 39 trillion, representing a year-on-year growth of 105% [1] Group 3 - Futu's founder and CEO, Li Hua, emphasized the company's commitment to listening to user needs and enhancing service capabilities, which contributed to the addition of over 250,000 asset-holding clients in the third quarter [2] - The company aims to strengthen its international presence and diversify its financial ecosystem while continuously optimizing the trading experience for users [2] - Following the earnings report, Futu's stock rose over 2% in pre-market trading [2]

Core Viewpoint - The strategic partnership between Guotai Haitong and Bloomberg aims to enhance collaboration in financial data, fintech, and market expansion, leveraging Bloomberg's global resources to support Guotai Haitong's international business growth and brand development [2][4]. Group 1: Partnership Details - The signing ceremony was attended by key figures including Guotai Haitong's Chairman Zhu Jian and Bloomberg's founder Michael Bloomberg [2]. - The partnership will focus on improving Guotai Haitong's capabilities in international business, global data governance, wealth management, and overseas family office services [4]. Group 2: Company Backgrounds - Bloomberg, founded in 1981 and headquartered in New York City, operates 167 branches globally and employs over 26,000 people, providing trusted financial data and insights [4]. - Guotai Haitong was established through the merger of Guotai Junan and Haitong Securities in 2025, with a presence across 31 provinces and regions in China, and services extending to 17 countries and regions [4].

RT Devconnect ARG - the first Ethereum World’s Fair (@EFDevcon)“DeFi is operating in a 24/7 unique system, so any financial opportunity can be accessed by any person, in any part of the world. It is the most democratizing financial technology.”- @StaniKulechov from @aave on the Main Stage at Ethereum Day. https://t.co/VhpnBvjhEv ...

The rapid advance of financial-technology companies in Africa could help traditional lenders enhance their customer service, said the CEO of Rand Merchant Bank, a unit of FirstRand, Africa’s biggest bank by market capitalization https://t.co/9IwV6h1TsP ...

Hyperliquid founder Jeff: DeFi's vision isn't over—the tech just got better.On October 14, during an interview at TOKEN2049 Singapore, Hyperliquid founder Jeff refuted the host's claim that the independent vision of DeFi has come to an end. He stated that DeFi is not a separate world, but rather a superior financial technology. The core value of blockchain lies in enabling global consensus, especially in the coordination of money and assets. He argued that the financial industry is not "merging with" or "op ...

Core Insights - Webull has launched Vega, an AI-powered decision partner designed to provide personalized insights and analysis for investors, enhancing their trading experience [1][2][3] Group 1: Product Features - Vega offers real-time, personalized insights that help investors understand market movements in relation to their specific circumstances [2] - Key features of Vega include Options Statistics Insights, Data Summary, Portfolio Review, Plain-Language Orders, and Vega Insights, all aimed at improving decision-making for investors [5] - The platform is available at no cost to users, reinforcing Webull's mission to democratize access to investment intelligence [3] Group 2: Company Overview - Webull is a leading online investment platform that provides users with advanced tools and real-time market data, enabling low-cost trading across various asset classes [4][7] - The company serves over 24 million registered users globally, offering access to financial markets 24/7 [7] - Webull operates in 14 markets across North America, Asia Pacific, Europe, and Latin America, integrating market data, community, and educational resources for retail investors [7]

Core Insights - A major internet company, Xiaohongshu, has acquired Dongfang Electronic Payment Co., Ltd., gaining a third-party payment license, which enhances its financial capabilities in e-commerce [2][4]. Group 1: Company Developments - Dongfang Payment underwent significant changes on November 3, with all original shareholders exiting and the legal representative changing from Mao Wei to Wang Run. The registered capital increased from 121.3 million yuan to 200 million yuan [1]. - Xiaohongshu, through its wholly-owned subsidiary Ningzhi Information Technology (Shanghai) Co., Ltd., has effectively secured its first financial license, allowing it to operate internet payment services [2][4]. Group 2: Financial Integration - Xiaohongshu has been increasingly integrating financial services into its platform, collaborating with major payment providers like Alipay and WeChat Pay for services such as "buy now, pay later" and installment payments [3][4]. - The platform's "buy now, pay later" service is available to consumers with high credit scores, allowing them to order products without upfront payment [3]. Group 3: Recruitment and Strategic Focus - Xiaohongshu is actively hiring for positions related to payment systems, including backend development for payment and settlement processes, and roles focused on cross-border payment and financial management [5][6]. - The recruitment efforts align with Xiaohongshu's strategy to enhance its e-commerce ecosystem and expand into cross-border e-commerce [6]. Group 4: Financial Content Growth - Since July 2024, financial-related content on Xiaohongshu has seen over 80% year-on-year growth, with significant increases in user engagement and the number of financial brands joining the platform [7]. - The platform has facilitated direct interactions between users and financial institutions, exemplified by features like the "apply for credit card" button from Citic Bank [7].

Accessibility StatementSkip Navigation LAS VEGAS, Nov. 5, 2025 /PRNewswire/ -- Grow Capital, Inc. (OTCID: GRWC) ("Grow Capital" or the "Company") a Nevada-based fintech company, today announced the appointment of Aaron Bradford ("Bradford") as the Company's Chief Technology Officer (CTO). In this role, Bradford will lead the Company's technology strategy, platform development, and innovation initiatives across an expanding portfolio of financial and retirement-technology products. "Aaron Bradford's appoint ...

The Indian fintech already has a presence in 20 countries worldwide. https://t.co/VblOzD9wr2 ...

Core Insights - The current innovation in financial technology has shifted risks from traditional credit and market risks to technology, model, and compliance risks [4][5] - Digital technology has fundamentally transformed social and financial relationships, creating new legal challenges and opportunities for law [3][4] - The definition of financial data is crucial, as it affects regulatory and market data classification, which can lead to confusion in subsequent rules [4] Group 1: Financial Technology Risks - Financial technology innovation has transitioned risks from traditional credit and market risks to technology, model, and compliance risks [4] - New challenges in the financial industry include issues such as distorted information from IoT devices affecting insurance claims and liability for erroneous advice from AI financial advisors [4] Group 2: Legal and Regulatory Framework - The future legal and regulatory framework should develop capabilities to penetrate technological black boxes and define responsibilities in decentralized environments [5] - There is a need to enhance the protection of financial consumer rights within the evolving legal landscape [5] Group 3: Digital Technology and Law Interaction - Digital technology has created new legal issues, such as data ownership disputes, which require legal responses [3] - Law must not only regulate technology but also serve as a tool to promote healthy technological development, indicating a bidirectional relationship [3]