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Y Combinator-backed Rulebase wants to be the AI coworker for fintech
Yahoo Finance· 2025-09-16 12:03
Y Combinator-alum Rulebase is betting that the next wave of automation in financial services won’t be about flashy AI interfaces, but the unglamorous back-office tasks like compliance. The startup, founded by Gideon Ebose and Chidi Williams, two Nigerian engineers who met in London, just raised a $2.1 million pre-seed round led by Bowery Capital, with participation from Y Combinator, Commerce Ventures, Transpose Platform VC, alongside several angels. Financial services firms spend enormous amounts of ef ...
X @Bloomberg
Bloomberg· 2025-09-16 11:37
Revolut is touting a 46% revenue surge from a year ago as it courts investors for its primary fundraising, which is set to value the fintech at $75 billion https://t.co/2SzJ7E833E ...
Best-Performing ETFs of Last Week: Crypto & Blockchain Rule
ZACKS· 2025-09-16 11:01
Wall Street was upbeat last week, despite facing a slew of downbeat economic data points. Jobs data came in softer, consumer sentiment was weaker, and inflation came in hotter. Still, the hopes of a Fed rate cut this month may have boosted market performance.Meanwhile, corporate strength remained resilient, IPO markets remained strong, and the tech boom fueled by the AI euphoria remained in place. The heightened trade tensions, too, have receded to a large extent.Overall, the S&P 500 has gained by 1.6%, the ...
Block CEO Jack Dorsey Invites Businesses Using Square PoS System To Test Bitcoin Payments Feature
Yahoo Finance· 2025-09-16 10:23
Core Insights - Jack Dorsey, co-founder and CEO of Block Inc., is promoting the use of Bitcoin payments among merchants on the Square platform, indicating a strategic push towards integrating cryptocurrency into everyday transactions [1][2][5] - The Bitcoin payment functionality is in the final testing stages and is expected to roll out in the second half of 2025, reaching all eligible Square merchants by 2026 [3][4] - Dorsey emphasizes Bitcoin's role as a transactional currency, arguing that it must transition from being a store of value to a medium of exchange to remain relevant [5] Company Developments - Block Inc. is leveraging the Lightning Network to facilitate Bitcoin payments on Square, showcasing a commitment to enhancing payment solutions for merchants [4] - The company has received positive feedback from its team, with senior software engineer Aaron Hammer describing the initiative as an "extremely exciting unlock" for sellers [2] Market Performance - As of the latest data, Bitcoin is trading at $115,364, reflecting a 0.68% decrease in the last 24 hours, while Block shares increased by 0.58% in pre-market trading after a 2.42% rise during the previous trading session [6]
Block CEO Jack Dorsey Invites Businesses Using Square PoS System To Test Bitcoin Payments Feature - Coinbase Global (NASDAQ:COIN)
Benzinga· 2025-09-16 10:23
Jack Dorsey, co-founder and CEO of Block Inc. XYZ, on Monday encouraged merchants using the company's Square platform to test Bitcoin BTC/USD payments.XYZ is trading in a tight range. Get the market research here.‘Exciting’ Unlock For Square SellersDorsey took to X, saying, "Help us turn your local square seller onto Bitcoin," continuing on an ongoing discussion over the point-of-sale system’s Bitcoin payment initiative.Dorsey quoted a post from Aaron Hammer, senior software engineer at Square, who invited ...
Datametrex Signs LOI To Acquire Yuzu Payment Processing Solution From Firstpayment Inc.
Accessnewswire· 2025-09-15 20:54
TORONTO, ON / ACCESS Newswire / September 15, 2025 / Datametrex AI Limited (the "Company" or "Datametrex'') (TSXV:DM)(FSE:D4G)(OTC PINK:DTMXF) is pleased to announce the signing effective September 15, 2025 of a non-binding of a Letter of Intent ("LOI") to acquire the Yuzu payment processing solution from Firstpayment Inc. ("Firstpayment"), a Montreal-based fintech company, including the related patents and intellectual property (the "Yuzu Payment Solution") in an arm's length transaction. Datametrex has ag ...
Circle Stock Is Trending Monday: What's Going On?
Benzinga· 2025-09-15 19:50
Circle Internet Group Inc CRCL is trading higher on Monday as bullish momentum was supported by increased trading volume and positive sector trends.CRCL is delivering impressive returns. Get the market research here.What To Know: Wall Street analysts continue to take notice, with one notable recommendation being a Buy rating from Needham, which set a price target of $250, reflecting confidence in the company’s potential growth prospects amid changing market conditions.Not all sentiments are bullish, as Circ ...
Affirm extends BNPL option to Apple Pay in-store transactions (AFRM:NASDAQ)
Seeking Alpha· 2025-09-15 19:04
Affirm Holdings' (NASDAQ:AFRM) buy now, pay later service is now available for U.S. Apple Pay users making in-store purchases with iPhones, expanding on its earlier launch online and in apps, it said on Monday. With Affirm, (NASDAQ:AFRM), approved consumers can ...
SEZL Soars 128% in 6 Months: Is Buying Still an Option for Investors?
ZACKS· 2025-09-15 17:11
Key Takeaways Sezzle stock skyrocketed 127.9% in six months, outpacing the industry and the broader market's rallies.On-Demand growth boosted GMV 74.2% and lifted the operating margin by 680 basis points.Sezzle posts ROE of 102.9% and ROIC of 58.2%, both well above the industry averages.Sezzle Inc.’s (SEZL) stock has soared 127.9% over the past six months. The company’s shares have significantly surpassed the industry’s marginal rise and the 17.5% jump in the Zacks S&P 500 Composite.MVST outperformed its in ...
Glidelogic Unveils AI-Powered "RWA IPO" Compliance Solution for Global Issuers – Delivering Faster, Cheaper, Smarter Capital Raising
Globenewswire· 2025-09-15 17:08
Core Insights - Glidelogic Corp. has launched an enhanced "RWA IPO" compliance solution utilizing proprietary AI agents to streamline capital-raising processes and improve secondary market liquidity for investors [1][4]. Group 1: Market Challenges - The lengthy IPO processes delay access to growth capital, and underwriting and compliance costs remain prohibitively high [6]. - Private investors face long lock-up periods and limited exit strategies, while non-listed companies struggle with transparency and global reach [6]. Group 2: AI-Powered RWA IPO Solution - Glidelogic's AI agents automate up to 80-90% of preparatory work, significantly reducing the time required for traditional capital-raising processes from months to weeks [2][6]. - The solution includes project analysis, automated compliance checks, document drafting, and coordination with legal and financial entities [6]. Group 3: Benefits for Issuers and Investors - Issuers can achieve faster, cheaper, and smarter capital-raising without compromising compliance, preserving a pathway to prime exchanges like Nasdaq or NYSE [4][6]. - Investors benefit from enhanced protections under U.S. securities law, including anti-fraud provisions and continuous disclosures that add accountability [6]. Group 4: Company Background - Founded in December 2020, Glidelogic Corp. focuses on developing AI-based software, fintech solutions, and blockchain technology, aiming to advance research innovation through strategic partnerships [8].