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Stock Market Today, Feb. 23: SoFi Technologies Pulls Back as Investors Reassess Fintech Momentum
Yahoo Finance· 2026-02-23 23:17
SoFi Technologies (NASDAQ:SOFI), a digital-first banking and lending platform, closed Monday’s session at $18.23, down 4.15%. The stock declined as investors responded to its lowest price since July and are watching for signs of stabilization after a strong prior-year rally. The company’s volume reached 82 million shares, which is roughly 49% above compared with its three-month average of 54.9 million shares. SoFi Technologies went public in 2021 and has grown 49% since going its IPO. How the markets move ...
FinWise Bancorp Announces Agreement with Albert Corporation to Offer Millions of Americans Transparent, Affordable and Convenient Short-term Personal Loans
Globenewswire· 2026-02-23 21:15
Core Insights - FinWise Bancorp has entered into a strategic program agreement with fintech company Albert to provide customers with short-term lines of credit, enhancing financial accessibility and transparency [1][2][3] Company Overview - FinWise Bancorp is the parent company of FinWise Bank, focusing on banking and payments solutions for fintech brands, leveraging a scalable API-driven infrastructure [4] - Albert is a financial technology company that offers a suite of financial management tools, including personal financial assistance, checking and savings accounts, loans, and investment accounts [4] Partnership Details - The partnership aims to combine FinWise's banking capabilities with Albert's financial technology to deliver innovative financial products that benefit consumers [3] - Both companies share a vision of transforming the banking experience and improving financial decision-making for consumers [3] Strategic Goals - The collaboration is expected to enhance Albert's growth opportunities by providing regulatory expertise and a multi-product platform that includes lending, deposits, and payments [3][4] - FinWise's existing Strategic Program Lending business will support the partnership by addressing challenges in funding diversification and capital efficiency for fintech brands [4]
PayPal's 'bad code' leads to unauthorized payments
Yahoo Finance· 2026-02-23 20:39
Key insights: PayPal suffered a breach due to a faulty code in its small-business lending group. What's at stake: The breach comes as PayPal attempts to recover from an earnings slump. Forward look: PayPal has refunded the stolen funds and offered two years of free credit monitoring. PayPal has spent the past few weeks cleaning up after a data breach caused some customers to lose funds to hackers. PayPal's Feb. 10 breach disclosure letter said that on Dec. 12, the company discovered a coding error i ...
Cathie Wood Bought the Dip in Robinhood Stock. Should You Buy HOOD in February 2026 Too?
Yahoo Finance· 2026-02-23 19:41
Cathie Wood is one of my favorite investors to follow, for a number of reasons. Most notably, she's a well-recognized growth investor who leaped to fame after the 2021-pandemic era surge of many of her high-growth investment stocks. Nevertheless, she's also an active and transparent manager of a number of growth ETFs. In posting her daily trades, she gives investors clarity into her near-term direction. More News from Barchart This past week, Wood made some big moves in her portfolio, most importantly ...
PayPal attracts unsolicited takeover interest: who might be mystery buyer?
Invezz· 2026-02-23 18:27
PayPal Holdings (NASDAQ: PYPL) is pushing meaningfully higher on Monday following reports that it has attracted unsolicited takeover interest. According to Bloomberg, at least one large rival is consi... ...
Klarna Group Q4 Earnings Call Highlights
Yahoo Finance· 2026-02-23 17:07
Klarna Group logo 3 of the Most Highly Anticipated IPOs of 2026 Klarna Group (NYSE:KLAR) reported what management described as an accelerating adoption of its expanded set of “banking services” in Q4 2025, including the Klarna Card, deposit accounts, and “fair financing,” alongside its core buy now, pay later (BNPL) offering. On the company’s earnings call, CEO Sebastian Siemiatkowski said growth in these products outpaced internal expectations during the quarter, while the company also emphasized tha ...
一名加密交易者指控 Revolut 前员工试图以泄露其 KYC 个人信息为要挟索取加密货币赎金
Xin Lang Cai Jing· 2026-02-23 15:32
一名加密交易者指控 Revolut 前员工试图以泄露其 KYC 个人信息为要挟索取加密货币赎金,并联系其 家人施压。Revolut 发言人确认,公司已将此事报告给执法机构,相关部门正在调查该前员工的涉嫌行 为。(Cointelegraph) (来源:吴说) ...
Blind Vendors Ohana Selects Square to Power Accessible, Multi-Location Retail Operations at Honolulu Airport
Businesswire· 2026-02-23 15:00
Square's short documentary film about BVO can be watched in full at: https://youtu.be/YrU_mVgRjtE To learn more about Square, visit squareup.com. Operating in one of the nation's 30 busiest airports, Pages & Pages is transforming how its blind and low-vision employees serve over 21 million travelers annually. The implementation of Square's accessible technology suite marks a significant upgrade from a prior, decades-old system that limited employee independence and operational efficiency. By switching to Sq ...
Unlocking payment revenue for EU fintechs: Acquiring BIN sponsorship – owning your payments
Yahoo Finance· 2026-02-23 14:58
BIN sponsorship tears down that barrier. By operating under a licensed acquirer’s BIN and regulatory umbrella, PayFacs and other fintechs can act as acquirers without the bureaucratic nightmare. Existing acquirers outside of the UK and European market have the opportunity to enter the market without the significant time, cost and complexity that comes with getting scheme and regulatory licenses. The sponsor handles compliance and scheme membership while the partner controls onboarding, pricing, processing, ...
Chime Enterprise Adds New Employer Partners as Demand Grows for Comprehensive Financial Wellness
Prnewswire· 2026-02-23 14:00
platform designed to support employees at every stage of their financial journey. To learn more, please visit [https://enterprise.chime.com/].Media Contact: [[email protected]]Chime is a financial technology company, not a bank. Banking services provided by The Bancorp Bank, N.A. or Stride Bank, N.A., Members FDIC. The secured Chime Visa® Credit Card is issued by The Bancorp Bank, N.A. or Stride Bank, N.A., pursuant to a license from Visa U.S.A. Inc.Chime Workplace offered by Chime. Banking services provide ...