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Pineapple Financial Reports Fiscal Year End 2025 Financial Results
Newsfile· 2025-12-03 21:05
Reports FY 2025 revenue of $3.0 million, up 10% from $2.7 million in 2024Pineapple to host a call to discuss its results Wednesday, December 3, 2025 at 5:00 pm ETToronto, Ontario--(Newsfile Corp. - December 3, 2025) - Pineapple Financial Inc. (NYSE American: PAPL) ("Pineapple" or the "Company"), a leading fintech platform, today announced audited financial results for the three and twelve month periods ended August 31, 2025.Full Year Fiscal 2025 Financial HighlightsGross Billings reached $17.4 million, up ...
Paystand strengthens cross-border stablecoin payments with Bitwage acquisition
Yahoo Finance· 2025-11-10 13:28
Core Insights - Paystand has acquired Bitwage to enhance its business-to-business payments network by integrating stablecoin capabilities for cross-border payments [1][2] - The acquisition aims to facilitate enterprise-level settlement and improve liquidity management for corporate entities [2][4] Group 1: Acquisition Details - Paystand purchased Bitwage, which specializes in cross-border payments using stablecoins, serving over 90,000 payment recipients and 4,500 businesses [1] - The combined network has processed over $20 billion in payment volume for more than 1,000 enterprises [2] Group 2: Technological Integration - The integration will provide an API-driven payout engine supporting Tether (USDT), USD Coin (USDC), Ethereum (ETH), Bitcoin (BTC), and local currencies in around 200 nations [3] - This technology will enhance Paystand's accounts receivable and accounts payable network for quicker cross-border settlements [3] Group 3: Operational Benefits - The merger allows CFOs to move liquidity between corporate entities and regions within minutes, thanks to 24/7 stablecoin settlement [4] - The combined offering will streamline mass payouts, foreign-exchange handling, and vendor disbursements, unifying global order-to-cash and procure-to-pay workflows [5] Group 4: Market Positioning - Paystand aims to connect stablecoin rails to the $100 trillion B2B economy, providing faster settlement, lower costs, and programmable treasury solutions [6] - The integration of Bitwage's services will begin immediately for selected enterprise customers, with plans for gradual expansion [6]
X @Polygon
Polygon· 2025-11-06 14:39
RT Hadron Founders Club (@Hadronfc)10 founders. 1 city.Building where Payments meet RWA - the twin engines of the next on-chain economy.Meet the ones rewriting the system ↓@kem_app — the molecular engineer of payments.@Suno_finance — the solar economist.@0xspiralstake — the yield ecologist.@AtharFinance — the architect of real-world assets.@StableyardFi — the equilibrium engineer.@pagrin_ — the liquidity cartographer.@diamore_diamond — the crystallization lab.@Unigox_global — the universal protocolist.@Dash ...
Sorare Moves to Solana to Upgrade Its On-Chain Fantasy Sports Platform
Yahoo Finance· 2025-10-08 18:52
Core Insights - Sorare is migrating its entire NFT card collection to Solana by the end of October, marking one of the largest consumer application migrations in Web3 history with 5 million users [1] - The migration is automatic, reissuing Sorare cards as Solana NFTs, allowing trading on external marketplaces and storage in wallets like Phantom [1] - Sorare's decision is based on Solana's speed, scalability, and openness, aiming to build a flexible platform for digital sports collectibles [2] Company Developments - Solana Company (HSDT) reported holdings exceeding $525 million in SOL and cash, with over nine public companies collectively holding more than 13 million SOL [3] - The stock of Solana Company surged 190% following its treasury strategy, which benefits from SOL's 7% native staking yield [3] - Sorare's migration is seen as a significant move, bringing a strong portfolio and over 5 million players to Solana's ecosystem [4] Market Trends - The trend of public companies accumulating SOL in corporate treasuries reflects a broader institutional interest in blockchain platforms with real user adoption [3] - NYSE owner ICE's $2 billion investment in Polymarket indicates Wall Street's growing appetite for blockchain-based platforms [5] Future Outlook - Sorare is considering the integration of a utility token to reward trading and gaming activity, although specific timelines are not defined [6] - The migration to Solana is viewed as a sign of measurable adoption momentum rather than speculative interest [6]
Coinbase Taps Sensible Founders: Will it Power On-Chain Growth?
ZACKS· 2025-09-11 17:26
Core Insights - Coinbase Global (COIN) is collaborating with the founders of Sensible to enhance its on-chain consumer roadmap, aiming to establish itself as the leading "everything exchange" in the crypto industry [1][7] - The company is investing in infrastructure like Base, a low-cost Layer 2 solution designed to improve Ethereum's scalability, speed, and affordability for developers [2][7] - Coinbase's goal is to onboard one billion users onto the blockchain, necessitating a seamless user experience for crypto interactions [3] Competitive Landscape - Robinhood Markets (HOOD) is advancing its on-chain strategy with a Web3 wallet that simplifies crypto trading and access to DeFi for mainstream investors [4] - Block (XYZ) is enhancing its on-chain strategy through TBD, focusing on open-source protocols for decentralized finance and expanding Bitcoin's utility [5] Financial Performance - COIN shares have increased by 28.6% year-to-date, outperforming the industry [6][7] - The current price-to-earnings ratio for COIN is 51.2, significantly higher than the industry average of 20.57, indicating an expensive valuation [8] - Consensus estimates for COIN's EPS in 2025 have decreased by 1 cent, while estimates for 2026 have increased by 1 cent [10][11]