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Miami International Holdings Announces Sale of MIAXdx to Robinhood Markets in Partnership with Susquehanna International Group
Prnewswire· 2025-11-25 22:20
Accessibility StatementSkip Navigation Miami International Holdings to Retain 10% Stake in the Exchange and Clearinghouse PRINCETON, N.J. and MIAMI, Nov. 25, 2025 /PRNewswire/ -- Miami International Holdings, Inc. (MIAX) (NYSE: MIAX), a technology-driven leader in building and operating regulated financial markets across multiple asset classes, today announced it has entered into an agreement to sell 90% of the issued and outstanding equity in MIAX Derivatives Exchange (MIAXdxâ"¢), a wholly owned subsidiary ...
Jack Henry Leaders to Present at Upcoming Conferences for UBS, Nasdaq
Prnewswire· 2025-11-25 21:15
Accessibility StatementSkip Navigation MONETT, Mo., Nov. 25, 2025 /PRNewswire/ -- Jack Henry & Associates, Inc. (Nasdaq: JKHY) announced today that it will be participating in the upcoming conferences: Replays will be available on ir.jackhenry.com following the live presentation. Jack Henry & Associates, Inc. (NASDAQ: JKHY) today announced its Board of Directors declared a regular quarterly cash dividend of $.58 per share. The ... More Releases From This Source 21% more press release views with Request ...
Fiserv, Inc. Class Action – FISV Stockholders Contact Robbins LLP for Information About Leading the Fiserv, Inc. Class Action Lawsuit
Globenewswire· 2025-11-25 20:24
SAN DIEGO, Nov. 25, 2025 (GLOBE NEWSWIRE) -- Company: Fiserv, Inc. (NASDAQ: FISV) is a Milwaukee, Wisconsin-based global payments and financial technology provider. What is the class period? July 23, 2025 and October 29, 2025 What is the case about? Robbins LLP reminds stockholders that a class action was filed on behalf of all investors who purchased or otherwise acquired Fiserv, Inc. during the class period because the Company allegedly misled investors regarding its 2025 financial growth. For more infor ...
GDOT Alert: Monsey Firm of Wohl & Fruchter Investigating Fairness of the Proposed Sale of Green Dot Corporation
Globenewswire· 2025-11-25 15:53
MONSEY, N.Y., Nov. 25, 2025 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating the fairness of the proposed sale of Green Dot Corporation (NYSE: GDOT) (“Green Dot”) in a complex transaction with Smith Ventures and CommerceOne Financial Corporation (“CommerceOne”) under which Green Dot stockholders will receive $8.11 per share in cash and 0.2215 shares of a new publicly traded bank holding company that will own CommerceOne’s and Green Dot’s existing banking businesses. Smith Ventures wi ...
tZero Launches Crypto Deposit Funding
FTF News· 2025-11-25 14:14
View Categories Recommended For You PMCR 2026 NRI’s A.I. Platform for Financial Services Is Underway SmartStream Is Leveraging An Early Embrace of A.I. EC Scrutinizes Deutsche Börse & Nasdaq for Potential Collusion By working with Zerohash, tZERO helps investors fund brokerage accounts using stablecoins and cryptocurrencies.tZero Group, Inc., a blockchain and tokenization infrastructure provider, now offers crypto funding via tZero’s platform integration with Zerohash, a crypto and stablecoin infrastru ...
mF International Announces Executive Transition as Company Launches Digital Asset Treasury Strategy
Prnewswire· 2025-11-25 12:30
Accessibility StatementSkip Navigation HONG KONG, Nov. 25, 2025 /PRNewswire/ -- mF International Limited (Nasdaq: MFI) ("mF" or the "Company") announced today that Mr. Haoyu Wang has resigned from his position of CEO, director, and chief compliance officer ("CCO") of the Company effective November 24, 2025. Mr. Dawei Yuan, an entrepreneur with extensive experience in blockchain infrastructure development and security, has been appointed by the board of directors (the "Board") to succeed Mr. Wang as CEO of ...
Revolut completes share sale, achieves $75bn in valuation
Yahoo Finance· 2025-11-25 11:35
Core Insights - Revolut has completed a secondary share sale, achieving a valuation of $75 billion, which represents a 66% increase from 2024 [1] - The fundraising was led by prominent investors including Coatue, Greenoaks, Dragoneer, and Fidelity Management & Research Company, with participation from firms like Andreessen Horowitz, Franklin Templeton, and T Rowe Price Associates [1][2] - NVentures, NVIDIA's venture capital arm, participated in the transaction, enhancing Revolut's collaboration with NVIDIA in artificial intelligence [2] Financial Performance - In 2024, Revolut reported a 72% increase in revenue to $4 billion, while profit before tax surged by 149% to $1.4 billion [3] - The company's growth trajectory has continued into 2025, with a global retail customer base exceeding 65 million and Revolut Business achieving $1 billion in annualized revenue [3] Strategic Developments - Key milestones for Revolut this year include obtaining final banking authorization, launching in Mexico, acquiring a banking incorporation license in Colombia, and planning a launch in India [4] - These developments are part of Revolut's strategy to position itself as a global bank across multiple continents [4] Leadership Statements - CEO Nik Storonsky emphasized the company's progress towards becoming a truly global bank, aiming to serve 100 million customers across 100 countries [5] - CFO Victor Stinga highlighted the strong investor interest and the new valuation as indicators of the company's robust business model, which is delivering rapid growth and strong profitability [5]
Yiren Digital Reports Third Quarter 2025 Financial Results
Prnewswire· 2025-11-25 10:30
Core Insights - Yiren Digital Ltd. reported a stable quarter with total net revenue of RMB1,555.0 million (US$218.4 million), a 5% increase from the same period last year, driven primarily by the financial services business [4][12] - The company is focusing on adaptive risk management and business diversification, particularly in its online insurance segment, to navigate industry challenges [3][4] - The financial services revenue surged by 70% to RMB1,423.2 million (US$199.9 million), accounting for 92% of total net revenue, attributed to strong demand for small revolving loans [4][8] Financial Performance - Total net revenue for Q3 2025 was RMB1,555.0 million (US$218.4 million), up from RMB1,479.1 million in Q3 2024 [4] - Financial services revenue increased to RMB1,423.2 million (US$199.9 million), a 70% rise from RMB836.2 million in Q3 2024 [4] - Insurance brokerage revenue decreased by 2% to RMB84.2 million (US$11.8 million) due to lower commission rates [4] - Other business revenue fell significantly to RMB47.5 million (US$6.7 million) from RMB557.4 million in Q3 2024, following a strategic decision to wind down the "consumption and lifestyle" segment [4] Expenses and Costs - Sales and marketing expenses were RMB331.8 million (US$46.6 million), slightly down from RMB335.6 million in Q3 2024 [5] - Origination, servicing, and other operating costs decreased to RMB149.9 million (US$21.1 million) from RMB205.9 million in Q3 2024, primarily due to a 27% reduction in origination and service expenses [5] - Research and development expenses dropped to RMB91.5 million (US$12.9 million) from RMB150.8 million in Q3 2024, attributed to a one-off system development project [6] - General and administrative expenses increased to RMB104.4 million (US$14.7 million) from RMB80.1 million in Q3 2024, mainly due to higher personnel costs [7] Loan Facilitation and Insurance Metrics - Total loans facilitated reached RMB20.2 billion (US$2.8 billion), a 51% increase from RMB13.4 billion in Q3 2024 [8] - The cumulative number of borrowers served increased by 21% year-over-year to 14,006,873 as of September 30, 2025 [8] - Gross written premiums for insurance in Q3 2025 were RMB1,148.0 million (US$161.3 million), a 35% increase from the previous quarter but a 15% decrease from Q3 2024 [8] Profitability and Cash Flow - Net income for Q3 2025 was RMB317.6 million (US$44.6 million), down from RMB355.4 million in Q3 2024, primarily due to increased provisions and declining fee rates [12] - Adjusted EBITDA was RMB236.8 million (US$33.3 million), a decrease from RMB380.9 million in Q3 2024 [13] - Net cash used in operating activities was RMB5.5 million (US$0.8 million), compared to RMB50.4 million generated in Q3 2024 [14] Business Outlook - The company projects total revenue for Q4 2025 to be between RMB1.4 billion and RMB1.6 billion, driven by loan growth and market penetration [17]
MercadoLibre, Inc. (NASDAQ:MELI) Price Target and Performance Overview
Financial Modeling Prep· 2025-11-24 19:15
Core Insights - MercadoLibre, Inc. is a leading e-commerce and fintech company in Latin America, often compared to Amazon due to its extensive online marketplace and operations in 18 countries [1] - The company reported a 39% year-over-year revenue increase in the third quarter, driven by growth in its commerce, fintech, and credit sectors [3][6] - Wall Street analysts have a positive outlook on MELI, with an average brokerage recommendation of 1.58, indicating a position between Strong Buy and Buy [5][6] Financial Performance - The stock price target set by Kaio Prato from UBS is $2,900, down from $3,000, suggesting a potential upside of 48.58% from the current trading price of $1,951.78 [2][6] - The company's logistics network has seen a 28% increase in same or next-day deliveries year-over-year, although total deliveries have decreased [4][6] - MercadoPago, the fintech arm of the company, continues to expand rapidly, contributing to the overall strong financial performance [4][6] Market Position - Despite its strong performance, MercadoLibre remains relatively unknown in the U.S. market due to its focus on Latin America [3] - 75% of brokerage firms have given a Strong Buy rating for MercadoLibre, reflecting positive sentiment and confidence in the company's strategic growth initiatives [5][6]
Ryan Leak Announced as Keynote Speaker for Alkami Co:lab 2026
Prnewswire· 2025-11-24 14:41
Core Insights - Alkami Technology, Inc. has announced Ryan Leak as the keynote speaker for Alkami Co:lab 2026, focusing on intentional growth and leadership [1][2] - The event will take place from April 13–15, 2026, at the Gaylord Pacific Resort and Convention Center in San Diego, California [1] - Leak's keynote, titled 'Leveling Up', aims to help leaders reflect and reignite their growth both professionally and personally [2][3] Company Overview - Alkami Technology provides a digital sales and service platform for financial institutions in the U.S., integrating onboarding, digital banking, and data and marketing solutions [6] - The company has been recognized by J.D. Power for providing an outstanding mobile banking platform experience in 2024 and 2025 [6][8] - Alkami's vision includes Anticipatory Banking, which aims to help banks and credit unions enhance their customer engagement and growth [5][6] Event Details - Alkami Co:lab 2026 will gather financial institution leaders, industry experts, and partners to discuss strategies and technologies shaping the future of digital banking [5] - The conference will feature discussions, hands-on sessions, and networking opportunities focused on innovation, leadership, and growth [5] - Registration for the event is open, with details available on the official website [6]