Fintech
Search documents
Exchange Traded Concepts Takes Position in Qfin Holdings, Inc. (QFIN)
Yahoo Finance· 2025-09-27 00:57
Qfin Holdings, Inc. (NASDAQ:QFIN) is among the best low-risk stocks to buy now. In the second quarter, Exchange Traded Concepts LLC acquired a new stake in Qfin Holdings, Inc. (NASDAQ:QFIN) following the purchase of 41,663 shares. According to the recent filing with the SEC, the firm’s investment in the company is now about $1,807,000. Although there are regulatory and macroeconomic risks, Qfin Holdings, Inc. (NASDAQ:QFIN) is considered a highly profitable fintech company set to benefit from robust AI- an ...
Klarna Sinks Below IPO Price as Fintech Competition Heats Up
Yahoo Finance· 2025-09-26 20:02
(Bloomberg) — Just weeks after a buzzy trading debut, Klarna Group Plc shares fell below the initial public offering price for the first time in the face of increased competition from rivals and worries about the path of interest rates. Most Read from Bloomberg The digital-payments firm’s stock fell to $39 Friday, closing below the $40 listing price. Klarna started trading on Sept. 10 after the company and some of its backers raised about $1.58 billion in an offering that was double-digit oversubscribed ...
Klarna shares fall below IPO price amid broader fintech weakness
Invezz· 2025-09-26 17:25
Core Insights - Shares of Klarna Group Plc, a Swedish buy-now-pay-later firm, have fallen below their initial public offering (IPO) price for the first time since its debut [1] Company Summary - The decline in Klarna's share price occurred just weeks after a highly anticipated IPO, indicating potential volatility in the company's stock performance [1]
SHOPLINE获新加坡金管局原则性批准 有望取得主要支付机构牌照
Xin Lang Ke Ji· 2025-09-26 16:07
Core Viewpoint - SHOPLINE's subsidiary, Instage Technology Pte Ltd, has received in-principle approval (IPA) from the Monetary Authority of Singapore (MAS) for a Major Payment Institution (MPI) license, enabling it to offer regulated payment services in Singapore [1] Group 1: Regulatory Approval - The in-principle approval marks a significant milestone for SHOPLINE Payments in regulatory compliance [1] - If the license is granted, SHOPLINE will be able to provide five regulated payment services, including account opening, local and cross-border remittances, merchant expansion, and electronic money issuance [1] Group 2: Business Impact - With the payment institution license, SHOPLINE aims to offer more competitive pricing, faster settlement speeds, and enhanced transaction security and user experience for merchants [1] - The multi-currency support capability will assist merchants in achieving true global business coverage [1] Group 3: Company Background - SHOPLINE is a global retail solutions provider strategically invested in by Huya Group in 2019, offering one-stop solutions for global brand sellers [1]
IPO-bound Flipkart gains key approvals to relocate to India
Yahoo Finance· 2025-09-26 15:11
Core Insights - Flipkart is in advanced stages of securing regulatory approvals to move its headquarters from Singapore to India, targeting completion later this year as it prepares for an Indian IPO next year [1][2] - The redomiciling process has received in-principle approvals from a Singapore court, with hearings ongoing at India's National Company Law Appellate Tribunal (NCLAT) [2] - The transition is aligned with India's festive season, a critical sales period, and aims to lay groundwork for a public listing expected as early as 2026 [2] Company Actions - Flipkart initiated the redomiciling process in India and Singapore simultaneously over two and a half months ago, following board approval in April [3] - The company raised $350 million from Google in 2023, with a valuation of $36 billion, making it the most valuable startup to undertake a redomiciling process [6] Industry Context - PhonePe, a Walmart-backed fintech that split from Flipkart, relocated its headquarters to India and filed for an IPO aiming to raise ₹120 billion (approximately $1.35 billion) [4] - Other startups like Zepto and Groww have also moved their headquarters to India in preparation for public listings, with Groww set to be the first Indian startup to list domestically after redomiciling from the U.S. [5]
Fold Holdings, Inc. (FLD) Launches Bitcoin Rewards Credit Card with Stripe and Visa
Yahoo Finance· 2025-09-26 14:22
Core Insights - Fold Holdings, Inc. is recognized as a leading player in integrating Bitcoin into everyday transactions through its Fold App and Fold Card, aiming for mainstream crypto adoption with a significant public Bitcoin treasury [1] - The company announced a partnership with Stripe and Visa to launch a Bitcoin-only rewards credit card, offering up to 3.5% back in Bitcoin on purchases, which simplifies the reward system for users [2] - Following the announcement of the credit card, FLD stock experienced a surge of up to 22.39%, indicating strong investor interest in crypto-linked financial products [3] - The Fold Bitcoin Credit Card is set to launch in late 2025, with a waitlist already open, and the company has processed over $3.1 billion in transactions while distributing more than $83 million in Bitcoin rewards [4]
PayPal Enters Agreement for US BNPL Receivables with Funds Managed by Blue Owl Capital
Crowdfund Insider· 2025-09-26 13:57
Core Insights - PayPal is enhancing its digital payments and financial services in Asia and Europe, focusing on inclusivity in the digital economy as global e-commerce sales are projected to reach $8 trillion by 2027 [1] Group 1: Strategic Partnerships and Financial Moves - PayPal has entered a multi-year agreement with Blue Owl Capital, allowing Blue Owl to acquire approximately $7 billion in U.S. Buy Now, Pay Later (BNPL) receivables from PayPal's "Pay in 4" product, while PayPal maintains control over customer interactions [2] - This balance-sheet-light model enables PayPal to free up capital for high-impact investments, aligning with its disciplined growth strategy [2] - PayPal's global BNPL volume increased to over $33 billion in 2024, marking a 21% rise from the previous year, and this deal is included in its 2025 earnings guidance [3] Group 2: Market Expansion and Investment - PayPal is committing $100 million to the Middle East and Africa (MEA) region, which is experiencing rapid digital commerce growth with 500 million internet users [4] - The investment will be utilized for minority stakes, acquisitions, and technology rollouts to scale local businesses and integrate underserved communities into the global digital economy [4][5] - PayPal Ventures led a €25 million ($28 million) Series B investment in Finary, a wealth management platform, indicating its focus on expanding its fintech ecosystem [6] Group 3: Growth Potential and Market Position - Finary plans to use the investment to launch new financial products, enhance its wealth management tools, and expand across Europe, targeting a retail investment market valued at €10 trillion [7][8] - PayPal's strategy of leveraging its $80 billion liquidity aims to optimize credit and penetrate high-growth markets, enhancing its overall market position amid economic uncertainty [9] - The future of commerce is expected to be borderless and instantaneous, with PayPal's updates positioning it to enable the digital economy effectively [10]
Marqeta to Announce Third Quarter 2025 Results on November 5, 2025
Businesswire· 2025-09-26 12:00
Core Viewpoint - Marqeta, Inc. will host a conference call and webcast to discuss its third quarter 2025 financial results on November 5, 2025, at 4:30 pm ET [1] Company Information - The call will be hosted by Mike Milotich, who serves as both the Chief Executive Officer and Chief Financial Officer of Marqeta [1] - A press release detailing the third quarter 2025 financial results will be issued after the market closes on the same day [1]
NextGen Digital Platforms Inc. Purchases 444 TAO Tokens and Stakes with Top-Ranked Validator RoundTable21
Globenewswire· 2025-09-26 11:30
Core Insights - NextGen Digital Platforms Inc. has purchased 444 TAO tokens for approximately USD$134,177, averaging USD$302 per token, and has staked them with RoundTable21, a top validator in the Bittensor network [1][2][3] Strategic Significance for NextGen - The transaction is a significant step in NextGen's strategy to integrate traditional capital markets with decentralized AI and digital networks, generating real-time, recurring revenue while enhancing the Bittensor ecosystem's security and performance [2][4] - By staking TAO tokens, the company diversifies its revenue streams and positions itself for expansion into validator operations and AI-driven opportunities within the Bittensor network [7] Corporate Changes - Alexander Tjiang has resigned from the Board but will continue to support the company as an independent advisor, reflecting a transition in leadership while maintaining continuity in advisory support [4][5] Company Overview - NextGen Digital Platforms Inc. is a publicly listed fintech and digital asset company focused on Web3 technologies, blockchain infrastructure, and digital assets, committed to developing innovative financial structures that prioritize transparency and regulatory compliance [5]
BitGo Secures BaFin Licence Extension for Regulated Crypto Trading Services in Europe
The Fintech Times· 2025-09-26 09:00
Core Insights - BitGo has secured an extension of its license from Germany's BaFin for its subsidiary, BitGo Europe GmbH, allowing it to expand its regulated crypto trading services in Europe [1] - The extension enables European institutional investors to access BitGo's OTC trading desk and electronic trading platform for spot trading across thousands of digital assets and stablecoins [1] Group 1: Regulatory Developments - The extension is part of the Markets in Crypto-Assets Regulation (MiCA) license that BitGo Europe first received in May 2025, now offering a comprehensive suite of regulated crypto services [2] - BitGo Europe is positioned as one of the few regulated custodians in the region, providing a cohesive platform that includes custody, trading, staking, and settlement [5] Group 2: Security and Trading Features - A key feature of the new offering is the ability for clients to trade while their assets remain in cold storage under MiCA-compliant custody, enhancing security for institutional investors [3] - The integration of high-performance execution with institutional-grade security aims to instill confidence in institutions operating in the digital asset markets [3][4] Group 3: Institutional Adoption - BitGo's launch empowers institutions to deploy capital more efficiently without compromising security, marking a significant step for Europe's digital asset ecosystem [5] - The company, founded in 2013, serves thousands of institutional clients globally, providing a range of digital asset infrastructure services [6]