Core Viewpoint - SoFi Technologies, Inc. has priced its public offering of 54,545,454 shares at $27.50 per share, aiming for total gross proceeds of approximately $1.5 billion before expenses [1][3]. Group 1: Offering Details - The offering includes a 30-day option for underwriters to purchase an additional 8,181,818 shares at the public offering price [2]. - The expected closing date for the offering is December 8, 2025, subject to customary closing conditions [3]. - All shares in the offering will be sold by SoFi, with net proceeds intended for general corporate purposes, including enhancing capital position and funding growth opportunities [3]. Group 2: Underwriters and Registration - The underwriters for the offering include Goldman Sachs & Co. LLC, BofA Securities, Citigroup, Deutsche Bank Securities, and Mizuho [4]. - An automatic shelf registration statement became effective upon filing with the SEC on July 29, 2025, allowing for the offering to proceed [4]. Group 3: Company Overview - SoFi Technologies is a digital financial services provider with over 12.6 million members, offering a range of services including borrowing, saving, spending, and investing [6]. - The company operates a technology platform, Galileo, which supports nearly 160 million global accounts for fintechs and financial institutions [6].

Financial Data and Key Metrics Changes - Consolidated revenue increased by 4% to $323 million, driven by growth in the three segments: NRS, fintech, and net2phone, which together grew by 16% [9][10] - Consolidated gross profit rose by 10% to a record $118 million, resulting in a gross margin of 37% [9][10] - Adjusted EBITDA reached a record $37.9 million, with an adjusted EBITDA margin of 11.7%, representing a 26% year-over-year growth [10][18] - Earnings per share (EPS) increased by 31% to $0.89, while non-GAAP diluted EPS climbed by 32% to $0.94 [10] Business Line Data and Key Metrics Changes - NRS reported a 22% increase in recurring revenue, reaching $35 million, with income from operations up 35% to $9 million [12] - The fintech segment's income from operations nearly doubled, increasing by 97% to $6 million, and adjusted EBITDA climbed 87% to $7.5 million [14] - Net2phone's income from operations increased by 94% to $2 million, while adjusted EBITDA rose by 44% to $3.6 million [16] Market Data and Key Metrics Changes - Boss Money's digital channel generated 84% of transactions, with revenue growth of 20% [12] - The fintech segment is benefiting from reduced transaction costs due to AI and machine learning, enhancing profitability [14] Company Strategy and Development Direction - The company is focusing on innovation and expanding premium services, which are becoming significant growth drivers [4] - There is a strategic shift from standalone products to holistic solutions tailored to customer needs, particularly in net2phone [7][15] - The company is exploring adjacent markets for growth, including food service and international markets [24][26] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about long-term growth opportunities through innovation in both current and adjacent markets [4][24] - The company is monitoring the impact of new federal excise taxes on cash remittances and its effects on retail businesses [22] - IDT is well-positioned to achieve its full-year adjusted EBITDA guidance of $141-$145 million, indicating a 7%-10% growth rate [18] Other Important Information - The Delaware Supreme Court dismissed all claims against IDT in the Straight Path Class Action suit, positively impacting the company [7] - The company repurchased $7.6 million in stock during the first quarter and plans to continue opportunistic buybacks [17][18] Q&A Session Summary Question: Any special dividend or accelerated buybacks expected in the second half of the year? - Management indicated they are not looking at large M&A opportunities currently but are considering small acquisitions and monitoring the market [22] Question: Are new payment processing accounts coming from businesses that do not require a POS? - Management confirmed that new accounts are coming from businesses that require a POS [23] Question: What adjacent markets are being considered for growth? - Management mentioned various adjacent markets, including food service and specialty businesses within the U.S. [24] Question: Will IDT expand into other countries in 2026? - Management stated that while they are exploring international expansion, it is not guaranteed for 2026 [26] Question: Can you provide insights on IDT Global's top-line revenue? - Management highlighted that IDT Global has been performing well in maximizing gross profit despite fluctuations in revenue [30]

Core Viewpoint - SoFi Technologies, Inc. has announced a public offering of $1.5 billion of its common stock, with plans to use the proceeds for general corporate purposes, including enhancing capital position and funding growth opportunities [1][2]. Group 1: Offering Details - The public offering consists of $1.5 billion in shares of common stock, with an option for the underwriter to purchase an additional 15% of the shares within 30 days [1]. - Goldman Sachs & Co. LLC will act as the underwriter for this offering [2]. - The offering is registered under an automatic shelf registration statement that became effective on July 29, 2025 [2]. Group 2: Company Overview - SoFi Technologies is a digital financial services platform with over 12.6 million members, providing services such as borrowing, saving, spending, investing, and financial planning [4]. - The company operates a technology platform called Galileo, which supports nearly 160 million global accounts for fintechs and financial institutions [4]. Group 3: Recent Developments - SoFi has recently launched SoFi Crypto, becoming the first nationally chartered bank to offer crypto trading for consumers, allowing members to buy, sell, and hold various cryptocurrencies [8][9]. - Vivian Tu has been appointed as SoFi's first Chief of Financial Empowerment, focusing on financial literacy content [10].

You can find original article here WealthManagement. Subscribe to our free daily WealthManagement newsletters. Fintech 55ip, a fully owned subsidiary of JPMorgan Chase, and InvestCloud expanded their strategic partnership to enable tax optimization for both public and private market assets within a single UMA.  Financial advisors can now integrate 55ip’s proprietary ActiveTax Technology with InvestCloud’s Private Markets Account, allowing for automated tax optimization, tax loss harvesting and tax tra ...

Core Thesis - Grab Holdings Limited is positioned as a leading super-app in Southeast Asia, focusing on ride-hailing, food delivery, and financial services, with a strong user base and network effects [2][3][4] Financial Performance - As of December 3rd, Grab's share price was $5.26, with trailing and forward P/E ratios of 263.50 and 58.82 respectively [1] - The company achieved positive group adjusted EBITDA in 2023, two quarters ahead of schedule, through cost control and operational efficiency [2][3] Growth Segments - Grab's mobility and delivery segments are experiencing steady growth, with improved take rates and rising contribution margins [3] - The fintech segment is expanding through digital banking and payments, benefiting from increasing financial inclusion in the region [3] Strategic Positioning - Management is committed to margin improvement and free cash flow generation, positioning Grab for long-term resilience despite macro challenges [3][4] - Grab's scale, ecosystem integration, and regional presence provide defensibility against competition and leverage to digital adoption trends [3] Valuation and Investment Case - Valuation remains attractive due to improving fundamentals and potential re-rating as profitability strengthens [4] - The investment case is supported by a solid balance sheet, growing transaction volume, and strong customer engagement, indicating significant upside potential [4] Historical Performance - The stock has appreciated approximately 10.97% since a previous bullish thesis in January 2025, reflecting improving fundamentals [5]

BARCELONA, Spain, Dec. 04, 2025 (GLOBE NEWSWIRE) -- seQura, the commerce-tech platform for smart shopping, has joined forces with lastminute.com, the European leader in Dynamic Holiday Packages, to offer their customers exclusive travel benefits directly inside the seQura app. Through this partnership, seQura users can book lastminute.com travel experiences and choose between paying upfront, getting up to 5% cashback, with rewards available only inside the seQura app, introducing a new Smart Travel experie ...

We recently published 10 Stocks Stealing Market Spotlight. Circle Internet Group (NYSE:CRCL) is one of the best performers on Wednesday. Circle Internet surged by 11.43 percent on Wednesday to close at $86.29 apiece as investors continued to hunt for bargains after the stock’s steep fall last month. During the period, Circle Internet Group (NYSE:CRCL) was down by 37 percent versus October, to even hit a low of $64—a level it last touched in its market debut in June. Circle Internet Group (NYSE:CRCL) is ...

Core Insights - SoFi Technologies (SOFI) is strategically embedding blockchain technology into cross-border payments to enhance the speed and reduce the cost of international remittances, which are currently slow and fee-heavy due to legacy systems [1][6] - This initiative aligns with SoFi's long-term strategy, as faster and cheaper remittances will encourage users to keep more funds within the SoFi ecosystem, thereby increasing engagement and revenue streams [2][6] - The adoption of blockchain technology positions SoFi as a challenger in the financial sector, potentially providing a competitive advantage and driving ecosystem expansion if the product gains traction [3] Financial Performance - SoFi's stock has increased by 78% over the past year, contrasting with a 14.5% decline in the industry [5] - The company currently trades at a forward price-to-earnings ratio of 49.94X, significantly higher than the industry average of 23.56X, indicating a premium valuation [7] - The Zacks Consensus Estimate for SoFi's earnings in 2025 has been rising over the past 60 days, suggesting positive market sentiment [9] Competitive Landscape - Other fintech companies to monitor include Block (XYZ), Robinhood (HOOD), and PayPal (PYPL), all of which are innovating in digital payments and user engagement despite facing competitive pressures [4]

Core Thesis - Block, Inc. is positioned as a strong investment opportunity due to its integrated fintech ecosystem that connects merchants, consumers, and alternative credit, targeting younger and underbanked demographics [2][6] Company Overview - Block, Inc.'s share price was $66.80 as of November 28th, with trailing and forward P/E ratios of 13.44 and 20.00 respectively [1] - The company operates through platforms such as Square, Cash App, and Afterpay, creating a differentiated ecosystem compared to competitors like PayPal and Stripe [2] Business Model and Revenue Generation - Square enhances merchant adoption through point-of-sale hardware and software, generating recurring revenue and linking to Cash App and Afterpay for closed-loop interactions [3] - Cash App serves over 50 million monthly active users, expanding its services beyond peer-to-peer payments into banking, investing, and crypto, driving monetization through various features [3] - Afterpay, acquired in 2022, strengthens Block's ecosystem by providing buy-now-pay-later solutions, increasing engagement and capturing credit revenue [4] Strategic Initiatives - Block's Bitcoin initiatives, including trading, mining, and wallets, offer long-term strategic optionality and support financial inclusion [5] - The company aims for long-term growth driven by Cash App monetization, Afterpay integration, and Bitcoin adoption, with potential stock appreciation projected to reach $91–$121 by 2029–2031 [6] Market Position and Valuation - Block's current share price of approximately $73.40 reflects a forward P/E of 15.7x, indicating modest near-term upside compared to peers [5] - The company's integrated fintech ecosystem and strategic optionality position it favorably for sustainable growth, making it an attractive long-term investment [6]

Overview - ADI Chain mainnet 即将启动，基础设施已建成 [1] - ADI Chain 是中东和北非地区首个面向稳定币和 RWA 的机构 L2 [4] - ADI Chain 在阿布扎比建立，从一开始就注重合规性、效率和安全性 [4] Foundation and Partnership - ADI 基金会由市值 2400 亿美元的 IHC 控股公司 Sirius International Holding 的数字部门创立 [1] - 顾问和理事会成员包括 NatWest 和 Airtel 的前高管，MPESA 和 EsyaSoft 的现任领导，以及新兴市场主要金融科技平台的领导者 [1] - ADI Chain 将成为由阿联酋中央银行监管的以迪拉姆为后盾的稳定币的结算基础设施 [2] - ADI Chain 与 ADREC 合作，将阿布扎比的房地产进行代币化，并与 Emirates Driving Company 签署了谅解备忘录，以实现其运营的链上现代化 [3] Technology and Performance - OpenZeppelin 已经审计了 ADI Chain 的基础设施，以确保其符合机构安全标准 [2] - ADI Chain 是第一个集成 @zksync 的 Airbender 的链，并在测试网运行中交付了超过 8000 TPS [2] - ADI Chain 与 EVM 兼容，WalletConnect、Alchemy 和 Covalent 已经集成，从第一天起就为构建者提供支持 [2] Projects and Pipeline - 超过 50 个政府和企业项目正在为 mainnet 筹备中，涵盖数字身份、土地登记和支付系统 [3] - 这些项目遍布中东、亚洲和非洲，这些地区的机构需要优先考虑合规性和性能的区块链基础设施 [3]