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SurgePays to Host Third Quarter 2025 Earnings Conference Call
Markets.Businessinsider.Com· 2025-11-03 13:45
BARTLETT, Tenn., Nov. 03, 2025 (GLOBE NEWSWIRE) -- SurgePays, Inc. (NASDAQ: SURG)("SurgePays" or the "Company"), a wireless and fintech technology company connecting underserved consumers to essential mobile and financial services, today announced that it plans to host a conference call and report its financial results for the third quarter ended September 30, 2025, on Wednesday, November 12, 2025.Event: SurgePays Third Quarter 2025 Financial Results Conference CallDate : Wednesday, November 12, 2025Time : ...
SurgePays to Host Third Quarter 2025 Earnings Conference Call
Globenewswire· 2025-11-03 13:45
BARTLETT, Tenn., Nov. 03, 2025 (GLOBE NEWSWIRE) -- SurgePays, Inc. (NASDAQ: SURG)("SurgePays" or the "Company"), a wireless and fintech technology company connecting underserved consumers to essential mobile and financial services, today announced that it plans to host a conference call and report its financial results for the third quarter ended September 30, 2025, on Wednesday, November 12, 2025. Event: SurgePays Third Quarter 2025 Financial Results Conference CallDate: Wednesday, November 12, 2025Time: 5 ...
This Dirt Cheap AI Stock Just Announced Its First-Ever Dividend
Yahoo Finance· 2025-11-03 13:11
Key Points PayPal just announced its first dividend program. The company has impressive momentum, especially when it comes to AI initiatives. If PayPal can achieve its growth targets, it could be a massive winner for patient investors. 10 stocks we like better than PayPal › When you hear the phrase "AI stocks," PayPal (NASDAQ: PYPL) may not be the first company that comes to mind, and understandably so. And to be fair, there are some incredibly exciting chipmakers, AI software companies, and othe ...
Coinbase in advanced talks for $2bn acquisition of BVNK – report
Yahoo Finance· 2025-11-03 11:39
Core Insights - Coinbase is reportedly close to acquiring BVNK, a London-based stablecoin infrastructure startup, in a deal valued at approximately $2 billion, pending due diligence and potential changes to the terms [1][3] - BVNK, founded in 2021, has raised $90 million in funding from notable investors including Citi Ventures, Haun Ventures, Visa, and Coinbase Ventures [2] - Coinbase aims to expand its business beyond trading fees, with stablecoins contributing nearly 20% of its total revenue in the third quarter [4] Company Strategy - The acquisition of BVNK aligns with Coinbase's strategy to explore various opportunities through building, acquiring, partnering, or investing to enhance global economic freedom [3] - Coinbase has shown a consistent interest in the payments sector, particularly in relation to stablecoins, which are expected to play a significant role in future transactions [4] - The company launched Coinbase Payments in June 2025 to facilitate online transactions using stablecoins, indicating a proactive approach to integrating stablecoin technology into its services [5]
Hong Kong Unveils Fintech 2030 Strategy with AI and Tokenization Focus
Yahoo Finance· 2025-11-03 11:34
The Hong Kong Monetary Authority announced Fintech 2030, a five-year strategy featuring tokenization as a core pillar for advancing the city’s financial sector. HKMA Chief Executive Eddie Yue unveiled the plan on Nov. 3, 2025, at Hong Kong FinTech Week, with the roadmap including over 40 initiatives across four areas: data infrastructure, artificial intelligence, resilience, and tokenization of finance. The tokenization pillar aims to build a vibrant digital asset ecosystem in Hong Kong through accelerate ...
Currenc Group Announces Proposed Reverse Merger with Animoca Brands Corporation Limited
Globenewswire· 2025-11-03 11:00
Core Viewpoint - The proposed merger between Currenc Group Inc. and Animoca Brands aims to create the world's first publicly-listed digital assets conglomerate, enhancing access to the trillion-dollar altcoin digital economy for investors on Nasdaq [1][5]. Group 1: Proposed Merger Details - Currenc Group has entered into a non-binding term sheet to acquire 100% of Animoca Brands' issued shares via a reverse merger [1]. - Upon completion, shareholders of Animoca Brands will own approximately 95% of the new entity, while Currenc shareholders will hold about 5% [2]. - The merger is expected to close in 2026, pending shareholder and regulatory approvals [3]. Group 2: Company Profiles - Currenc Group Inc. is a fintech company focused on AI solutions for financial institutions, including a digital remittance platform that enhances global payment services [7]. - Animoca Brands is recognized as a leader in the digital asset ecosystem, with a diversified portfolio of over 600 companies across various digital asset verticals, including gaming and decentralized finance [4][8]. Group 3: Strategic Implications - The merger is anticipated to unlock significant value for shareholders and position the combined entity as a leader in the digital asset economy, spanning DeFi, AI, NFTs, gaming, and decentralized science [5]. - Currenc plans to divest some existing operations, including its AI-powered solutions, to focus on the merger and the new entity's growth strategy [5][6].
Payroll startup Deel names former Intuit exec Kauffman as CFO for IPO goal
Reuters· 2025-11-03 10:44
Core Insights - Deel has appointed Joe Kauffman, a former executive from Intuit, as the new chief financial officer to aid in the company's potential plans for an initial public offering (IPO) as early as next year [1] Company Developments - The appointment of Joe Kauffman is a strategic move by Deel to strengthen its financial leadership in preparation for a possible IPO [1]
Payroll startup Deel names former Intuit executive Kauffman as CFO for IPO goal
Yahoo Finance· 2025-11-03 10:42
By Jaspreet Singh (Reuters) -Deel on Monday appointed former Intuit executive Joe Kauffman as president and chief financial officer to support the payroll startup's possible plans to go public as soon as next year. Kauffman succeeds founding CFO Philippe Bouaziz, who will take on the newly created role of executive chairman and chief strategy officer, said the Andreessen Horowitz-backed startup, which was valued at $17.3 billion in a fundraise last month. The California-based company is strengthening it ...
3 Risks Investors Should Watch Before Buying Robinhood Stock Today
Yahoo Finance· 2025-11-03 10:30
Key Points Regulatory scrutiny remains a tangible risk. Robinhood’s earnings still move with the market. Rivals from both fintech and traditional finance are matching Robinhood’s product offerings. 10 stocks we like better than Robinhood Markets › Robinhood (NASDAQ: HOOD) has earned its moment in the spotlight. The company is profitable, its stock has surged this year, and it is now part of the S&P 500 -- a milestone few fintech startups ever reach. But even as Robinhood rebuilds credibility, inv ...
Ant chairman touts 'tokenised money' for settlement but remains mum on stablecoin plans
Yahoo Finance· 2025-11-03 09:30
Core Insights - Ant Group's chairman Eric Jing highlighted the company's advancements in tokenisation and the growing importance of blockchain in financial services during Hong Kong Fintech Week, while not addressing the stalled stablecoin initiative due to regulatory constraints [1][6]. Group 1: Tokenisation and Financial Services - Ant Group has successfully utilized tokenised bank deposits for cross-bank real-time settlement this year as part of the Hong Kong government's Project Ensemble [1]. - The company achieved real-time settlement across different branches of a global bank last year, showcasing the effectiveness of its tokenisation efforts [2]. - Jing emphasized the confidence gained from using tokenised deposits and money to facilitate real-time global settlement [3]. Group 2: Project Ensemble and Digital Asset Market - Project Ensemble, launched in August last year, aims to explore various use cases for tokenisation, which involves creating blockchain representations of traditional assets for faster and cheaper transactions [4]. - Ant Digital Technologies, a unit of Ant Group, operates Jovay, an Ethereum Layer-2 blockchain focused on real-world asset tokenisation, and is actively participating in the sandbox [5]. Group 3: Regulatory Environment and Stablecoin Initiative - The stablecoin initiative of Ant Group has been stalled due to advice from the Chinese government for mainland firms to pause certain digital-asset activities in Hong Kong [6]. - Financial Secretary Paul Chan clarified that stablecoins are intended as tools for facilitating cross-border transactions rather than for investment or speculation [6].