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 ...

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 ...

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 ...

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]

Third Quarter 2025 Operational Highlights Financial Services Business Insurance Brokerage Business "We delivered a stable and resilient quarter amid industry-wide challenges," said Mr. Ning Tang, Chairman and Chief Executive Officer. "Through adaptive risk management measures and business diversification — including the growth of our high-potential online insurance business — we have demonstrated our ability to manage risk in a challenging environment."Â Â Â "As part of our ongoing transformation, we advanc ...

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]

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]

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Core Insights - Metavesco, Inc. announced significant updates regarding its corporate strategy, capital structure, and the development of the OTCfi ecosystem during a livestream hosted by CEO Ryan Schadel [1][2] Group 1: OTCfi ACCESS Platform - OTCfi ACCESS is set to be the first commercial platform within the OTCfi ecosystem, addressing critical structural issues in the OTC markets where over 17,000 companies lack standardized investor relations tools [2][3] - The platform will operate under a dual-revenue model consisting of SaaS subscriptions and token utility requirements, with a potential annual recurring revenue (ARR) of $43.2 million at a 10% market penetration [3][6] - Monthly subscription fees for issuers will range from $2,500 to $15,000, with an expected average of approximately $3,000 per month, targeting gross margins of around 90% [6] Group 2: Ecosystem Expansion - The broader OTCfi ecosystem includes additional platforms such as Nexus (a lending and credit platform), OTC Squawk (a live news broadcast for OTC investors), and Pulse (a vision for a licensed derivatives exchange for OTC equities) [4][6] - The initiatives announced represent less than one-third of the development pipeline for the OTCfi ecosystem, indicating further updates are forthcoming [7] Group 3: Capital Structure and Growth - Metavesco maintains a clean capital structure with no toxic convertible debt since 2021, and the majority of its debt consists of related-party, low-interest obligations [10][11] - The company operates nearly $1 million in Bitcoin mining assets, generating daily revenue and positioning itself within the crypto infrastructure space [9] - Schadel emphasized that the company's growth initiatives are beneficial not only for Metavesco but also for the entire OTC market [8]

XIAMEN, China, Nov. 24, 2025 /PRNewswire/ -- Qudian Inc. ("Qudian" or "the Company" or "We") (NYSE: QD), a consumer-oriented technology company in China, today announced its unaudited financial results for the quarter ended September 30, 2025. Accessibility StatementSkip Navigation Third Quarter 2025 Financial Highlights: We continued to execute our business transition, with the winding down of our last-mile delivery business to its final stage while maintaining a healthy balance sheet by pursuing efficient ...