Toronto, Ontario--(Newsfile Corp. - February 17, 2026) - The FUTR Corporation (TSXV: FTRC) (OTCQB: FTRCF) (FSE: QA20) (WKN: A4165Y) (ISIN: CA3609521057), ("FUTR" or "the Company"), creator of the FUTR Agent App which enables users to store, manage, access, and monetize their personal information and make real-time payments, today announced that it has recently signed agreements with four new dealerships that have expanded the reach of its FUTR Payments product into Houston, Texas and further bolstered the ...

Core Viewpoint - PayPal is currently undervalued compared to its fintech peers, while SoFi Technologies is trading at a premium despite recent performance issues [1][4]. Group 1: PayPal Holdings - PayPal trades for less than 8 times forward earnings, making it cheaper than most fintech and major bank stocks [4]. - The company recently reported disappointing quarterly results, with revenue and adjusted earnings falling short of expectations, leading to a share price drop of over 20% [5]. - PayPal's branded checkout business, a key growth area, saw revenue growth decline from 6% in the prior year to just 1% this quarter [5]. - The company's 2026 guidance suggests either a "low-single digit decline" or "slightly positive" earnings growth, indicating a slow recovery [6]. - PayPal is undergoing a leadership change, with former HP CEO Enrique Lores replacing Alex Chriss, signaling a potential reevaluation of turnaround strategies [6]. Group 2: SoFi Technologies - SoFi's shares have increased by 41% over the past year, driven by strong quarterly results, although they have recently pulled back [7]. - The company currently trades at a premium, with a valuation of 32 times forward earnings, higher than many other fintech stocks like Upstart and Block, which trade for under 20 times [7]. - Despite a recent earnings miss, SoFi reported impressive year-over-year revenue growth of 40% and earnings growth of 160% in the fourth quarter [8].

Core Viewpoint - OBOOK Holdings Inc. has launched OwlPay Cash, a mobile-first app designed to provide institutional-grade payment services to retail users, targeting the $230 billion U.S. outbound remittance market, with an initial focus on five high-volume corridors [3][4][5]. Group 1: Product Overview - OwlPay Cash aims to streamline remittance processes by leveraging direct digital payment rails, which can significantly reduce transaction costs compared to traditional methods like SWIFT [7]. - The app features a "Total Cost" Calculator that provides users with transparency regarding the exchange rate and final amount received, promoting informed financial decisions [7][9]. - The initial rollout focuses on five key markets: Mexico, India, Colombia, Peru, and Argentina, with plans to expand to a total of 26 regions globally [4][5]. Group 2: Market Potential - The combined annual remittance flows from the U.S. to the initial launch markets exceed $100 billion, and capturing just 1% of this market would represent approximately $1 billion in annual transaction volume [5][6]. - Remittance transactions are typically recurring, driven by essential family support, which provides a stable customer base for OwlPay Cash once customer acquisition is established [5][6]. Group 3: Regional Insights - In India, OwlPay Cash can facilitate near-instant settlements for the 5.2 million Indian residents in the U.S. by utilizing real-time domestic payment systems [8]. - For Mexico, remittances from the U.S. reached an estimated $62.5 billion in 2024, with OwlPay Cash offering rapid same-day delivery, typically clearing funds within three hours [8]. - In Latin America, the U.S. accounts for a significant portion of remittances, with OwlPay Cash focusing on predictable settlement times to preserve purchasing power for recipients [8]. Group 4: Operational Efficiency - The app connects to over 11 billion endpoints globally through Visa Direct, ensuring predictable settlement timelines while maintaining regulatory compliance across 41 U.S. states [9][14]. - OwlPay Cash includes a secure beneficiary management system for easy execution of repeat transfers, reducing friction and manual errors in the remittance process [9].

Core Insights - Mesh Payments has announced a strategic partnership with Adyen to enhance its payment capabilities and support its growing customer base of multinational enterprises in Europe and the U.K. [1] - The collaboration aims to scale Mesh's operations aggressively, integrating Adyen's financial technology to ensure high-acceptance transactions and local currency card issuance [1]. Company Overview - Mesh Payments is a leading travel and expense management platform that integrates corporate cards, expense management, and travel management into a single platform [1]. - The platform is designed to streamline the entire travel and expense lifecycle, offering AI-powered automation, customizable policies, and multi-currency support [1]. - Currently, Mesh serves over 2,000 enterprise customers, including Fortune 100 brands and leading multinational tech companies [1]. Partnership Details - The partnership with Adyen is positioned as a critical accelerator for Mesh's operations in Europe and the U.K., allowing for seamless integration with existing corporate cards from other banks [1]. - Mesh's unique offering allows enterprises to utilize Adyen-powered, Mesh-issued local currency cards to eliminate foreign exchange fees while maintaining their primary corporate cards [1]. - Adyen's financial technology platform is designed to support fintechs like Mesh in scaling efficiently, providing a stable and agile financial infrastructure [1].

Core Insights - Razorpay has partnered with Replit to support payments and monetisation for AI-first builders in India, integrating local payment methods for Indian users [1][2] - The partnership aims to provide a local checkout experience for cross-border subscription transactions using Razorpay's International Payments Suite [2] - Razorpay's payment stack will be embedded in the Replit platform to facilitate in-app monetisation, handling compliance and foreign exchange [3] Integration Details - Developers can create applications on Replit with Razorpay's monetisation layer included, allowing for immediate acceptance of UPI and card payments from Indian users [4] - The integration is designed to help builders transition from ideas to paid products quickly and compliantly [6] Strategic Context - Razorpay's CEO emphasized the importance of monetisation in the AI-driven product development landscape in India [5] - The partnership with Replit follows Razorpay's collaborations with other AI companies, enhancing its focus on embedding payments and compliance into AI-led software creation [6] Future Plans - Razorpay has appointed four investment banks as advisors in preparation for a proposed initial public offering (IPO), targeting a potential IPO around mid-year [7]

Core Insights - The FICO UK Credit Card Market Report for December 2025 indicates that average credit card balances have reached the highest level since FICO began tracking this data, reflecting ongoing financial pressures on consumers [1] - There is a notable increase in the number of customers missing payments, with a month-on-month rise of 6.4% for those missing one payment and a 3.7% increase for those missing three payments [1] - The average active balance rose to £1,950, marking a 1.7% increase from November and a 4.8% increase year-on-year, highlighting affordability challenges for UK consumers [1] Spending and Payment Trends - Average credit card spending increased by 5.6% from November to December, reaching £830, although this figure is 3.5% lower than December 2024 [1] - The percentage of overall balance paid stabilized at 33.4%, which is a slight increase of 0.1% from November but a significant decrease of 6.8% year-on-year [1] - The average credit limit rose to £5,930, reflecting a 0.2% month-on-month increase and a 2.4% year-on-year increase [1] Customer Payment Behavior - The report indicates that 1.4% of accounts had one missed payment, a month-on-month increase of 6.4% and a year-on-year decrease of 4.3% [1] - Accounts with two missed payments accounted for 0.3%, showing a month-on-month decrease of 1.2% but a year-on-year increase of 3.1% [1] - The percentage of accounts with three missed payments rose to 0.2%, with a month-on-month increase of 3.7% and a year-on-year increase of 4.9% [1] Financial Stress Indicators - The persistent rise in average balances and low payment rates suggest continued financial stress for consumers, with expectations of increased payment rates in January as consumers focus on settling holiday spending [1] - The report emphasizes the need for risk teams to enhance monitoring of payment patterns and implement proactive intervention strategies in response to potential payment stress in early 2026 [1]

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The owners of Polish fintech Blik held preliminary discussions about the merits of holding an IPO in Warsaw, according to a person familiar with the matter https://t.co/WPLwCKMrOl ...

The round could be led by global alternate assets manager According to data sourced from Tracxn, the company has raised $111 million in equity funding since inception. In 2022, the fintech firm had closed a $50 million funding round led by Tiger Global and Creation Investments, which valued the startup at close to $600 million.“This round could be at a lower valuation, there has been a lot of back and forth on the valuation bit, which has resulted in this round taking time to close,” one of the people quote ...

Core Insights - Ovanti Ltd has established a senior industry advisory board to facilitate the entry of its BNPL product, Flote, into the U.S. market, with Alex Gambotto, founder and CEO of The Missing Link, appointed as chair [1]. Group 1: Advisory Board and Leadership - The advisory board will leverage Gambotto's extensive experience in M&A, corporate transactions, and leadership in trust-heavy industries, which is expected to benefit Ovanti's strategic direction [4]. - Gambotto's background includes leading The Missing Link through a significant sale to Infosys, indicating a strong network that could support Ovanti's growth in the U.S. [3]. Group 2: Product and Market Strategy - Flote aims to address inefficiencies in U.S. consumer finance by promoting fair and transparent cash-flow-based affordability, moving away from traditional credit scoring methods [5]. - Merchant onboarding for Flote will be a primary focus for Gambotto, alongside exploring SPAC listings for a potential Nasdaq listing [4]. Group 3: Company Performance - Ovanti's stock last traded at 0.1 cents per share, indicating the current market valuation and investor sentiment towards the company [5].