Fintech
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X @Bloomberg
Bloomberg· 2025-12-10 11:58
Dutch payments firm Mollie is expected to announce it has completed its acquisition of British fintech unicorn GoCardless as early as this week https://t.co/RHx3pIUEzI ...
Barclays invests in United Fintech, becoming the fifth global bank investor and joins the board
Globenewswire· 2025-12-10 10:24
Core Insights - United Fintech has secured a strategic investment from Barclays, enhancing its shareholder base which includes major global banks like BNP Paribas, Citi, Danske Bank, and Standard Chartered [1][2][5] Group 1: Investment and Growth - The investment from Barclays marks a significant milestone in United Fintech's growth, which includes two acquisitions in 2025, expanding its portfolio to seven fintechs [2] - United Fintech now operates 11 offices globally and employs over 200 staff, indicating its expanding international presence [2][7] Group 2: Strategic Partnerships - Barclays will join the United Fintech Board of Directors, highlighting the collaboration between traditional financial institutions and innovative fintech platforms [2][3] - The partnership aims to accelerate digital transformation in the financial services industry, aligning with Barclays' vision for future-ready financial services [3][5] Group 3: Ecosystem Development - United Fintech is building a comprehensive ecosystem of technology solutions for financial institutions, enhancing capabilities in commercial banking, capital markets, and investment management [4] - The company's focus on AI-powered innovation aims to modernize infrastructure and streamline technology adoption across the finance sector [4][5] Group 4: Industry Collaboration - The addition of Barclays as an investor emphasizes the importance of industry-wide collaboration in the face of accelerating AI advancements in financial services [5][6] - United Fintech is positioned to become a trusted ecosystem for enabling collaboration among financial institutions [5]
Is Broadridge Financial Stock Underperforming the Dow?
Yahoo Finance· 2025-12-10 09:59
Core Insights - Broadridge Financial Solutions, Inc. has a market capitalization of $26.6 billion and operates as a global fintech and outsourcing provider, delivering services such as investor communications and trade processing [1] - The company is classified as a "large-cap" stock and plays a vital role in financial market infrastructure, offering services including proxy voting and post-trade management [2] Stock Performance - Shares of Broadridge (BR) have declined 17.1% from their 52-week high of $271.91 and have dropped 10.7% over the past three months, underperforming the Dow Jones Industrial Average, which rose by 4% in the same period [3] - Year-to-date, BR stock is down slightly, lagging behind the Dow's 11.2% gain, and has decreased 3.5% over the past 52 weeks compared to the Dow's 7.1% return [4] - BR shares have been trading below their 200-day moving average since mid-September and have recently dipped below their 50-day moving average, indicating a downtrend [4] Strategic Developments - On November 19, Broadridge announced a strategic partnership with Xceptor to integrate Xceptor Tax into its Global Tax and Client Reporting platform, aiming to streamline data flows and enhance compliance [5] - The integration is designed to help financial institutions accelerate tax-reclaim processing, reduce operational risk and cost, and manage complex global tax requirements [5]
X @Bloomberg
Bloomberg· 2025-12-10 07:06
Investment & Acquisition - Barclays is acquiring a stake in a British-Danish fintech company specializing in banking technology [1] - The fintech company's investor group includes four of Barclays' large European and US rivals [1]
Stripe's Tempo Payments Blockchain Opens to Public With Mastercard, UBS Onboard
Yahoo Finance· 2025-12-09 22:02
Core Insights - Tempo, a blockchain focused on stablecoins and payments, has launched its public testnet, allowing developers to build on the network [1] - The network is compatible with the Ethereum Virtual Machine and has received design input from major global firms including OpenAI, Shopify, and Visa [2] - Tempo has announced new partnerships with Mastercard, UBS, and Klarna, which plans to launch a stablecoin on the Tempo network [2] Group 1: Testnet Launch and Features - The Tempo testnet is now open for public use, enabling various stakeholders to engage with the platform [3] - Key features include dedicated payment lanes for guaranteed blockspace and low fees, as well as stablecoin-native gas for transactions [4] - The network supports use cases such as microtransactions, global payments, remittances, agentic commerce, and tokenized deposits [5] Group 2: Partnerships and Development - Coastal Bank is collaborating with Tempo to innovate financial infrastructure [4] - The network is currently operated by a rotating set of four validators, with plans to incorporate independent validators and partners as it approaches mainnet launch [6] - Tempo raised $500 million at a $5 billion valuation to advance its blockchain development, and has added a top Ethereum researcher to its team [7] Group 3: Competitive Landscape - Circle, the issuer of USDC, is also developing a payments-focused blockchain called Arc, which has launched its testnet with participation from firms like Visa and Goldman Sachs [7]
Activist investor Jana Partners pushes Alkami Technology to explore sale, Bloomberg News reports
Reuters· 2025-12-09 21:37
Core Viewpoint - Activist investor Jana Partners has recommended that Alkami Technology, a fintech provider for banks and credit unions, consider a sale to a competitor or private equity firm [1] Company Summary - Alkami Technology is identified as a fintech provider specifically catering to banks and credit unions [1] Industry Context - The involvement of activist investors like Jana Partners highlights ongoing trends in the fintech sector, where strategic sales and mergers are becoming more common as companies seek to enhance their market positions [1]
KLAR INVESTIGATION ALERT: Edelson Lechtzin LLP Announces an Investigation of Klarna Group plc (NYSE: KLAR) and Encourages Investors with Substantial Losses to Contact the Firm
Prnewswire· 2025-12-09 20:27
Company Overview - Klarna Group plc is a prominent fintech player offering flexible payment tools, including buy now pay later, direct pay, and installment options [3] Allegations and Financial Performance - Edelson Lechtzin LLP is investigating potential violations of federal securities laws involving Klarna Group plc due to allegations of providing potentially misleading business information to investors [1] - On November 18, 2025, Klarna reported a record third-quarter revenue that exceeded market expectations in its first earnings report as a publicly traded company [4] - Despite the strong revenue performance, Klarna posted a net loss of $95 million, primarily due to increased provisions for potential credit losses [4] - Provisions for potential credit losses rose to 0.72% of gross merchandise volume, up from 0.44% the previous year, with total provisions reaching $235 million, significantly above analyst estimates of $215.8 million [4] - Following the earnings report, Klarna's stock price fell by 9.3% on November 18, 2025 [5]
Sezzle Set to Join S&P SmallCap 600
Globenewswire· 2025-12-09 18:54
Minneapolis, MN, Dec. 09, 2025 (GLOBE NEWSWIRE) -- Sezzle Inc. (NASDAQ:SEZL) (Sezzle or Company) // Purpose-driven digital payment platform, Sezzle, today announced it will join the S&P SmallCap index, effective after market close on Friday, December 12, 2025. The S&P SmallCap 600 seeks to measure the small-cap segment of the U.S. equity market. “Our inclusion in the S&P SmallCap 600 highlights the progress Sezzle has made and sets the stage for our next phase of growth. It marks another step in strengthen ...
Tassat Secures U.S. Patent for ‘Yield-in-Transit’ On-chain Settlement Technology
Yahoo Finance· 2025-12-09 18:28
Core Insights - Tassat Group, Inc. has secured a U.S. patent for its Yield-in-Transit (YIT) technology, enhancing programmable interest-bearing settlement infrastructure [1] - The YIT technology aims to modernize financial transaction systems for regulated institutions and supports Lynq in delivering integrated interest-bearing settlement [1][2] Group 1: Technology and Innovation - The YIT technology facilitates intraday accrual and distribution of on-chain interest, addressing challenges in high-velocity settlement environments [3] - By enabling interest distribution based on the duration assets are held, the YIT model eliminates ambiguity and inefficiencies associated with traditional settlement processes [3][5] - Tassat's patent validates its innovation in tokenization and real-time programmable settlement platforms, potentially transforming capital efficiency for digital asset institutions [4] Group 2: Market Impact and Applications - YIT ensures that liquidity remains productive throughout the settlement process, allowing on-chain assets to generate continuous returns [5] - The technology opens avenues for features like collateral pledging, delivery vs. payment, and stablecoin reserve management [6] - The real-time impact of YIT is being demonstrated within Lynq's institutional network, allowing users to accrue on-chain intraday interest and receive same-day distributions [6][7]
PayPal: Writing It Off Could Be A Grave Mistake (Rating Upgrade) (NASDAQ:PYPL)
Seeking Alpha· 2025-12-09 18:16
Group 1 - The analyst initiated coverage on PayPal Holdings, Inc. (NASDAQ: PYPL) early this year and has maintained a bearish outlook on the stock [1] - The analyst emphasizes a strong focus on the tech sector and holds a Bachelor of Commerce Degree with Distinction, majoring in Finance [1] - Core values highlighted by the analyst include Excellence, Integrity, Transparency, and Respect, which are deemed essential for long-term success [1] Group 2 - The article invites readers to provide constructive criticism and feedback to enhance the quality of the work [1]