We’re beyond excited (and grateful) to be included on @forbes Fintech 50 list this year!This one's for the millions of people who trust and use Phantom.Here’s to more building and shipping 👷‍♂️🚢Forbes (@Forbes):Our 11th annual #Fintech50 features companies that continue to innovate and grow rapidly even though industry valuations are decidedly sober compared with those of AI-focused startups, which are the newest darlings of the venture capitalist community.See the 2026 list: https://t.co/6JEVSpooTW ...

Core Insights - Vestwell, a New York-based workplace savings fintech, has raised $385 million in Series E funding, bringing its total fundraising to $660 million, with participation from notable investors like Neuberger Berman, Morgan Stanley, and Franklin Templeton [2][3] - The company aims to address the $50 trillion savings gap in America, using the new capital to accelerate its growth and expand its distribution channels [3] - Vestwell's business model includes various financial products such as 401(k) plans, emergency savings accounts, state-backed IRAs, and more, all supported by a unified infrastructure [3][4] Financial Performance - The recent funding round has doubled Vestwell's valuation since its Series D funding in 2023, and the company has surpassed $200 million in annual recurring revenue [3] - Vestwell currently administers over $50 billion in assets across workplace, institutional, and government channels, with more than 2 million active savers using its programs [5] Strategic Focus - The funding will enhance Vestwell's AI-driven capabilities and broaden its savings pathways beyond retirement, integrating its services into payroll, benefits platforms, and public programs [3] - The company is committed to building a long-term infrastructure for the savings ecosystem, leveraging AI to improve its offerings [4]

SAN FRANCISCO, Feb. 19, 2026 (GLOBE NEWSWIRE) -- National shareholder rights law firm Hagens Berman is notifying investors in Klarna Group plc (NYSE: KLAR) of the upcoming February 20, 2026, lead plaintiff deadline in a pending securities class action. The firm is actively investigating the lawsuit’s claims of alleged misstatements in Klarna’s September 2025 Initial Public Offering (IPO) documents. CLICK HERE TO SUBMIT YOUR KLARNA LOSSES Investors who purchased Klarna (KLAR) shares pursuant to the company’s ...

Core Viewpoint - Wealthfront Corporation will release its fiscal fourth quarter and full year 2026 financial results on March 11, 2026, after U.S. financial markets close [1] Group 1: Financial Results Announcement - The financial results will be announced after the U.S. financial markets close on March 11, 2026 [1] - A conference call to discuss the results will take place at 2 p.m. PT / 5 p.m. ET on the same day [2] - Access to the live webcast and related earnings materials will be available on Wealthfront's Investor Relations page [2] Group 2: Company Overview - Wealthfront is a tech-driven financial platform that assists digital natives in turning their savings into wealth [3] - The company has been a pioneer in the automated investing category since 2011 and has grown into a leading consumer fintech [3] - Wealthfront offers a suite of high-quality, low-cost products that help clients earn more on savings, borrow at lower rates, and retain more of their returns [3]

Core Viewpoint - Klarna's shares fell approximately 26% despite reporting its first billion-dollar quarter, primarily due to deteriorating profitability metrics and disappointing guidance for Q1 [1]. Financial Performance - Klarna reported a loss of $26 million in fiscal Q4, with credit loss provisions increasing over 6% sequentially to around $250 million, indicating credit risk in the BNPL sector [4]. - The company's gross merchandise volume increased by 32% year-over-year, but management anticipates a deceleration in growth later this year due to challenging comparisons [4]. - The adjusted operating profit for Q4 was nearly $20 million below analyst estimates, with expectations for the current quarter to reach a maximum of $35 million, significantly lower than the $67 million forecasted by analysts [6]. Market Position and Valuation - Klarna's stock has declined over 50% year-to-date, and its current valuation is considered expensive at approximately 38 times forward earnings [2][7]. - The revenue per active consumer remained flat at $30 in Q4, suggesting that spending per user has plateaued [5]. - Partnerships with major payment processors like Worldpay, JPMorgan, and Stripe indicate potential for long-term growth, but merchant activation may take time, delaying revenue benefits from these alliances [7]. Growth Outlook - The transition from rapid growth to more normalized expansion suggests that Klarna is maturing and may experience slower growth as it scales through the remainder of 2026 [5].

From fintech giant Stripe to six-year-old startup Justt, which helps companies recover revenue lost to illegitimate chargebacks, seven payment companies made our eleventh annual #Fintech50 list. https://t.co/cKSt47eSS1 📸: Nala https://t.co/Qj2hCZHj08 ...

Core Insights - XRP, the native token of the XRP Ledger, has shown significant appreciation since its inception, with an investment of $10,000 in 2013 now worth $2.35 million, raising questions about its future potential for new investments [1] Group 1: XRP's Background and Usage - XRP was created by Ripple Labs in 2012 and is designed as a bridge currency for facilitating cross-border transactions, claiming advantages over traditional SWIFT transfers in terms of cost, speed, and security [2] - The entire supply of XRP, totaling 100 billion tokens, was pre-minted and cannot be mined or staked like Bitcoin or Ethereum [1] Group 2: Regulatory Challenges - In 2020, the SEC filed a lawsuit against Ripple, alleging that the sale of XRP constituted the sale of unregistered securities, leading to the delisting of XRP from several major exchanges [3] - The lawsuit concluded in August 2023 with a favorable ruling for Ripple, stating that XRP was not an unregistered security when sold to retail investors, resulting in the relisting of XRP on top exchanges [4] Group 3: Long-term Viability and Challenges - Despite the positive regulatory outcome, critics argue that XRP lacks sufficient long-term catalysts for growth, particularly with the rise of stablecoins that can directly facilitate cross-border transactions without needing XRP [5] - The XRP Ledger's limitations in supporting smart contracts hinder its appeal for developers, although recent updates have introduced Ethereum-compatible sidechains [6] Group 4: Future Opportunities - Ripple's application for a U.S. bank charter and potential expansion into broader financial services could enhance XRP's transaction usage [7] - The introduction of new ETFs may attract institutional investors, especially as the cryptocurrency market recovers from its downturn [7]

XTM Reports on Everyday People Payments Service Outage and Halting of Activities Pursuant to Bank of Canada Compliance OrderFeb 19, 2026 3:32 PM Eastern Standard Time# XTM Reports on Everyday People Payments Service Outage and Halting of Activities Pursuant to Bank of Canada Compliance OrderShare--- TORONTO--([BUSINESS WIRE])--XTM Inc. (OTCQB: XTMIF | CSE: PAID) (the "Company†) provides an update on the platform service outage that occurred on January 26, 2026 (the "Outage†) and is continuing in connect ...

RT Yogita Khatri (@Yogita_Khatri5)Small business loans onchain?@CMT_Digital led an $11 million funding round for fintech Newity, which is exploring ways to bring small business loan assets onchain and expects to announce its path in Q1. ...

Core Insights - Klarna Group PLC's "buy now, pay later" model is facing challenges in the public market, with a significant focus on losses despite reporting a record revenue quarter [1] - The company reported a 38% year-over-year revenue increase to $1.08 billion, but also experienced a quarterly loss of $26 million, leading to a stock selloff [1][4] - Legal pressures are mounting, with a deadline for investors to seek lead plaintiff status in a securities class-action lawsuit related to IPO disclosures [2][5] Revenue and Financial Performance - Klarna's revenue growth is overshadowed by rising credit quality concerns, as provisions for loan losses have surged alongside increased lending activities [3] - The company projected first-quarter revenue below analyst expectations, raising concerns about potential growth slowdown [3] Market Reaction - Following the earnings release, Klarna's shares dropped as much as 25%, reflecting investor concerns over profitability and credit exposure [4] Legal Challenges - A securities lawsuit alleges that Klarna did not fully disclose risks associated with loan losses and credit reserves in its IPO filings, with a critical deadline approaching for investors [5] IPO Context - Klarna went public in September 2025 at $40 per share, but the stock has since fallen to around $14 per share due to rising credit losses and weaker guidance [6] User Growth and Market Dynamics - Despite the financial challenges, Klarna reported strong user growth, with active consumers reaching 118 million and gross merchandise volume at $38.7 billion [7] - The shift from profitability to loss, combined with rising credit costs and ongoing litigation, has altered the narrative surrounding the company's post-IPO performance [7]