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Kaspi.kz to Announce 2nd Quarter & 1st Half 2025 Financial Results on 4th August
Globenewswire· 2025-07-09 11:00
ALMATY, Kazakhstan, July 09, 2025 (GLOBE NEWSWIRE) -- Kaspi.kz (KSPI US) will report its financial results for the quarter and half ending June 30, 2025, on Monday, 4th August, 2025. On that day, management will hold a conference call and webcast at 8.00am EST (1pm GMT, 5.00pm Astana time) to review and discuss the company's results for the period. 2nd Quarter & 1st Half 2025 Financial Results Conference Call Monday, 4th August, 2025 To pre-register for this call, please go to the following link: https://ww ...
X @Forbes
Forbes· 2025-07-09 09:00
This Fintech’s Visa Card Keeps Grandpa From Blowing His Nest Egg https://t.co/dU1278MTj2 https://t.co/dU1278MTj2 ...
X @Forbes
Forbes· 2025-07-09 08:10
Inside The Unlikely Turnaround Of A Fintech Helping Immigrants Get Access To Credit https://t.co/hAFEQfAfXn https://t.co/hAFEQfAfXn ...
X @Bloomberg
Bloomberg· 2025-07-09 05:40
Financial Performance - Bazaar Technologies expects to achieve profitability in the coming quarters [1] Company Overview - Bazaar Technologies is a five-year-old startup [1] - The company aims to build Pakistan's largest e-commerce and fintech platform [1]
Time to Buy SoFi Technologies Stock for Higher Highs?
ZACKS· 2025-07-08 20:35
Core Insights - SoFi Technologies (SOFI) stock has recently reached a 52-week high of $20, reflecting a +30% gain in 2025 and over +200% increase in the last three years [1][2] Growth Targets - SoFi's management is targeting 30% member growth and 20% revenue growth, aiming to exceed $3 billion in revenue for the current year [3] Subscriber Growth - As of the end of Q1, SoFi reported a record 10.9 million subscribers, a 34% increase from the same quarter last year [4] Revenue Projections - Zacks projects SoFi's total sales to rise 25% in fiscal 2025 to $3.29 billion, up from $2.61 billion last year, with FY26 sales expected to increase another 19% to $3.93 billion [4][5] Market Opportunities - Proposed federal caps on graduate student loans are likely to drive borrowers towards private lenders, potentially expanding SoFi's market share [6] - SoFi plans to re-enter the cryptocurrency market, offering trading, staking, and crypto-backed loans, which may attract investor interest [8] Strategic Partnerships - SoFi has formed key partnerships, including with Capitalize Inc. for retirement services and expanded loan platform agreements with Fortress Investment Group, enhancing its lending capacity [9] Institutional Ownership - Significant stakes in SoFi by institutions like BlackRock, State Street, and Vanguard Group indicate strong confidence in the company's business model, with institutional ownership exceeding 40% [10] Financial Position - SoFi has $2.71 billion in cash and equivalents, with total assets of $37.74 billion, surpassing total liabilities of $31.07 billion, indicating a solid balance sheet [11] Investment Outlook - Despite a recent rally, SoFi holds a Zacks Rank 3 (Hold) and is trading at a 70X forward earnings multiple, suggesting potential for better buying opportunities in the future [12]
BILL's Fee-Based Revenues Surge: Can Higher TPV Drive More Upside?
ZACKS· 2025-07-08 17:31
Core Insights - BILL Holdings (BILL) is experiencing growth with a 17% year-over-year increase in transaction fee revenues, reaching $252.1 million in Q3 of fiscal 2025, driven by an 11% rise in Total Payment Volume (TPV) to $79.4 billion [1][10]. Group 1: Financial Performance - The growth in transaction fee revenues is attributed to a significant increase in TPV, which reflects rising payment volume and transaction-based income [1][10]. - The integrated financial operations platform of BILL served over 488,600 businesses by the end of Q3, processing 30 million transactions, a 16% increase year-over-year [2]. - Despite the overall growth, customer spending was slightly below expectations, leading to a minor sequential decline in TPV and transactions per customer, although a favorable payment mix helped support monetization [3]. Group 2: Competitive Landscape - BILL operates in a competitive fintech environment, facing challenges from larger players like Global Payments (GPN) and Intuit (INTU), which have more diversified offerings and deeper market reach [5][7]. - GPN processes over 50 billion transactions annually and has a strong global presence, while Intuit leverages its established small business ecosystem and ongoing investments in AI [6][7]. Group 3: Future Outlook - The long-term outlook for BILL remains positive, supported by investments in AI, ERP integrations, and payment innovations that enhance user engagement and promote sustainable growth [4]. - BILL's shares have underperformed, dropping 44% year-to-date compared to a 7.9% return in the broader Zacks Computer and Technology sector [8][10]. - The Zacks Consensus Estimate for fiscal 2025 earnings is projected at $2.07 per share, indicating a 6.7% increase over the past 60 days, despite a year-over-year decline of 2.36% [12].
SOFI Leans Into Scale and Innovation for Sustainable Growth
ZACKS· 2025-07-08 15:41
Core Insights - SoFi Technologies, Inc. (SOFI) is focusing on its core strengths of scale and innovation to enhance profitability in a competitive fintech environment [1] Financial Performance - In Q1 2025, SoFi achieved a 20% year-over-year increase in net sales and a 217% surge in net income, indicating an efficient cost structure [2][7] - The company is pursuing growth initiatives to diversify revenue and enhance customer engagement, including a $2 billion extension of its Loan Platform Business agreement with Fortress Investment Group [2][7] Product Development - SoFi launched two new credit cards, the SoFi Everyday Cash Rewards Credit Card and the SoFi Essential Credit Card, which have strengthened its position in consumer finance and increased user retention [3] Competitive Landscape - SoFi faces significant competition from fintech companies like Block and Upstart, which are also leveraging innovation and scale to drive growth [4][5] - Block is expanding its ecosystem through consumer payments and small-business lending, while Upstart is utilizing AI for credit risk assessment and has entered new lending markets [5] Stock Performance and Valuation - SoFi's stock has increased by 25% year-to-date, outperforming the industry average of 4% [6] - The company trades at a forward price-to-earnings ratio of 48.88, significantly higher than the industry's 21.62, indicating a potential overvaluation [8]
非洲电商:中国卖家的下一个黄金十年?
虎嗅APP· 2025-07-08 14:19
以下文章来源于霞光社 ,作者李小天 霞光社 . 赋能企业全球化 本文来自微信公众号: 霞光社 ,作者:李小天,头图来自:AI生成 "最近,我们发现很多欧美电商平台的卖家,或者是东南亚平台的卖家,都纷纷在了解非洲市场。 Jumia刚刚在深圳举办的招商大会,本来预期是到场300人,但现场来了450人;往年我们直播大会的 在线观看人数是一两万人,今年飙升到五万人,由此能够明显感受到大家对非洲市场的热情。" 非洲电商巨头Jumia的中国市场负责人Linli告诉霞光社,近期,非洲电商市场的热度突飞猛进,吸引 了不少中国卖家纷至沓来。 数据则更为直观地体现了中非贸易的与日俱增。海关总署6月9日公布的数据显示,受中美贸易战影 响,五月,中国对美国出口继续恶化,同比降幅扩大13.6个百分点至34.6%,连续两个月大幅放缓; 中国对日本出口增速放缓1.6个百分点至6.1%;发达经济体中,仅对欧盟出口加快,同比增速走高3.7 个百分点至11.9%。而在新兴经济体中,中国对非洲出口同比增长33.4%,高于前值7.3个百分点,而 对东盟、拉丁美洲出口增速放缓6.0个、14.2个百分点至15.0%、2.6%,对俄罗斯出口同比降幅扩大 ...
Trump Media Files Registration Statement for Crypto Blue Chip ETF
Globenewswire· 2025-07-08 12:36
Core Viewpoint - Trump Media and Technology Group Corp. has filed for the Truth Social Crypto Blue Chip ETF, which will directly hold major cryptocurrencies and aims to reflect their price performance [1][2]. Group 1: ETF Details - The Truth Social Crypto Blue Chip ETF will allocate 70% of its assets to Bitcoin, 15% to Ether, 8% to Solana, 5% to Cronos, and 2% to Ripple [1]. - Crypto.com will serve as the exclusive digital asset custodian and prime execution agent for the ETF [2]. - The ETF's shares will be listed on NYSE Arca upon the effectiveness of the registration statement and SEC approval [2]. Group 2: Company Overview - Trump Media's mission is to promote free speech and provide a platform for expression against perceived censorship by major tech companies [4]. - The company operates Truth Social, a social media platform, and Truth+, a streaming service focused on family-friendly content, along with the upcoming Truth.Fi financial services brand [4].
SuRo Capital Corp. Second Quarter 2025 Preliminary Investment Portfolio Update
Globenewswire· 2025-07-08 12:30
Net Asset Value Anticipated to be $9.00 to $9.50 Per Share Board of Directors Declares $0.25 Per Share Cash Dividend NEW YORK, July 08, 2025 (GLOBE NEWSWIRE) -- SuRo Capital Corp. (“SuRo Capital”, the “Company”, “we”, “us”, and “our”) (Nasdaq: SSSS) today provided the following preliminary update on its investment portfolio for the second quarter ended June 30, 2025. “The second quarter was SuRo Capital’s best quarter since inception, as measured by the appreciation in NAV per share,” said Mark Klein, Chair ...