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ROSEN, A RANKED AND LEADING LAW FIRM, Encourages Klarna Group plc Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm - KLAR
TMX Newsfile· 2026-01-23 22:58
Core Viewpoint - Rosen Law Firm is reminding investors who purchased securities of Klarna Group plc about a class action lawsuit related to the company's September 2025 IPO, with a lead plaintiff deadline set for February 20, 2026 [1]. Group 1: Class Action Details - Investors who bought Klarna securities may be eligible for compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties can join by submitting a form or contacting the firm directly [3][6]. - The lawsuit alleges that the Registration Statement contained false or misleading statements regarding Klarna's loss reserves, which were understated, leading to investor damages when the true information became public [5]. Group 2: Rosen Law Firm's Credentials - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions, highlighting their own achievements in this area [4]. - The firm has secured significant settlements for investors, including over $438 million in 2019, and has been recognized as a leader in the field of securities class action litigation [4].
INVESTOR NOTICE: Klarna Group plc (KLAR) Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
Prnewswire· 2026-01-23 17:22
The Klarna class action lawsuit alleges that the IPO's offering documents were materially false and/or misleading and/or omitted to state that Klarna materially understated the risk that its loss reserves would materially go up within a few months of the IPO, which defendants either knew of or should have known of given the risk profile of many individuals agreeing to Klarna's buy now, pay later loans. SAN DIEGO, Jan. 23, 2026 /PRNewswire/ -- The law firm of Robbins Geller Rudman & Dowd LLP announces that p ...
COF Earnings & Brex Acquisition, FTNT & SPOT Upgrades
Youtube· 2026-01-23 15:00
We continue to take a look at names that are on the move on earnings and I'm joined now by Diane King Hall and we want to look first at Capital One and acquisition news. Good morning. >> Yeah, it's got a lot swirling around this uh one because the reported earnings, but baked into the earnings was this acquisition.So the shares are actually under pressure right now off the back of its quarterly report card and news of this acquisition because investors are trying to digest this make heads or tails of what t ...
SoFi Technologies (NASDAQ: SOFI) Price Prediction and Forecast 2026-2030 (Jan 23)
247Wallst· 2026-01-23 13:50
SoFi Technologies Inc.'s (NASDAQ: SOFI) chief executive officer stated at a conference last year that the fintech company is targeting 30% member growth and 20% revenue growth. Its stock is trading marginally lower than a week ago. A proposed 10% credit interest cap could boost fintech companies, but SoFi faces some profit-taking pressure due to its premium valuation compared to peers. Also, the company has announced a strategic partnership with GoTu Technology, a marketplace for dental professionals. The s ...
OLB Group Inc. Announces Pricing of $1.3 Million Registered Direct Offering of Common Stock and Warrants
Accessnewswire· 2026-01-23 13:30
NEW YORK CITY, NY / ACCESS Newswire / January 23, 2026 / The OLB Group, Inc. (NASDAQ:OLB) ("OLB" or the "Company"), a diversified fintech company providing payment processing and digital asset technology solutions, today announced that it has entered into a securities purchase agreement for the purchase and sale of 2,166,666 shares of its common stock at purchase price of $0.60 per share for an aggregate price of approximately $1.3 million before deducting commissions and expenses of the offering. In additi ...
Wall Street Breakfast Podcast: Winter Storm, Carts Filling
Seeking Alpha· 2026-01-23 11:49
madsci/iStock Editorial via Getty Images Listen below or on the go via Apple Podcasts and Spotify Winter storm watch: Costco (COST) is set to benefit from the pantry-loading phenomenon. (00:14) Capital One (COF) to buy fintech Brex for $5.15B. (02:18) Earnings Snapshot: Intel (INTC) tops Q4 estimates but initiates Q1 outlook below forecast. (03:01) This is an abridged transcript. A winter storm is set to rock the South, Midwest, and Northeast parts of the U.S. from today through Monday. According to ...
These Fintech Stocks Could Be The Real Winners Amid Trump's Affordability Push, Says Citi - Block (NYSE:XYZ)
Benzinga· 2026-01-23 10:29
The U.S. financial technology sector could experience a significant upswing as President Donald Trump shifts his focus to affordability, according to analysts.Affordability Shift Favors FintechsTrump’s recent policy shift is causing investors to reconsider parts of the financial sector, with a potential emphasis on affordability that could favor fintech challengers over traditional lenders, reported Reuters on Thursday, citing a Citigroup Inc. note.Companies offering consumer-friendly credit and small-busin ...
Capital One to buy stablecoin fintech Brex for $5.15B in cash-and-stock deal
Invezz· 2026-01-23 05:44
Capital One Financial Corp. has agreed to acquire fintech startup Brex in a deal valued at $5.15 billion, the transaction was disclosed on Thursday. Under the terms of the agreement, Capital One will ... ...
Is Upstart Stock Your Ticket to Becoming a Millionaire?
The Motley Fool· 2026-01-23 04:30
Core Viewpoint - Upstart Holdings is positioned as a potential multi-bagger stock due to its innovative AI-based loan origination model and significant growth metrics, making it an attractive investment opportunity for those seeking high returns [1][2]. Company Overview - Upstart Holdings operates as an AI-based loan originator, utilizing predictive algorithms that outperform traditional FICO scores in screening borrowers, resulting in higher approval rates and lower default rates [3][4]. Business Performance - In Q3, Upstart reported a 128% increase in transaction volume, with loans originated rising to 428,056. The conversion rate of loan applications approved and funded increased from 16.3% to 20.6%, leading to a revenue increase of 71% to $277 million, including a 54% growth in fee revenue to $259 million [5]. - The company achieved a GAAP profit of $31.8 million, or $0.23 per share, marking a turnaround from previous unprofitability, with expectations for continued margin improvement despite potential revenue growth moderation [6]. Market Position and Growth Potential - Upstart has a market capitalization of approximately $4.5 billion, suggesting a potential for 10x growth while remaining below a $50 billion valuation, which is feasible given the performance of other fintech stocks [7]. - The company has expanded from unsecured consumer loans into larger credit markets, including auto and home loans, experiencing exponential growth in these areas [8]. Challenges and Management Strategy - Despite a 29% decline last year due to credit risk concerns, management reported no significant changes in delinquencies as of last November, although broader economic factors have raised investor concerns [9]. - The stock is considered reasonably priced with a price-to-earnings ratio around 30 based on consensus adjusted earnings per share for 2025, with technology providing a competitive edge and opportunities for expansion into new financial products [10]. - Management is focused on diversifying lending products and expanding partnerships, demonstrating resilience and adaptability post-pandemic, which could lead to significant long-term growth [11].
Capital One acquires Brex for a steep discount to its peak valuation, but early believers are laughing all the way to the bank
Yahoo Finance· 2026-01-22 23:46
There’s a feeling of schadenfreude in Silicon Valley when a unicorn stumbles. So when the WSJ broke the news Thursday afternoon that Capital One will acquire Brex for $5.15 billion in cash and stock (Capital One issued an official release confirming the details 30 minutes later), you could practically hear the collective snickering from Sand Hill Road to San Francisco’s South Park. That figure represents less than half of Brex’s last private-market valuation of $12.3 billion from its 2022 Series D-2 round ...