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Klarna tops third-quarter revenue estimates in first earnings report since IPO
CNBC· 2025-11-18 12:31
Sebastian Siemiatkowski, CEO and Co-Founder of Swedish fintech Klarna, gives a thumbs up during the company’s IPO at the New York Stock Exchange in New York City, U.S., Sept. 10, 2025.Since its July launch, the fintech firm said its Klarna Card has reached more than four million customers and accounted for 15% of transactions by October.The adoption of features such as the Klarna Card and fair financing, which offer longer installment options for bigger purchases, contributed to U.S. gains. The feature offe ...
MobiKwik pioneers Instant Forex purchase in partnership with NBBL
BusinessLine· 2025-11-18 11:28
GURUGRAM, India, Nov. 18, 2025 /PRNewswire/ -- MobiKwik, India’s leading digital wallet and UPI platform announced the launch of Forex payments on its mobile app in partnership with NPCI Bharat BillPay Limited (NBBL). With this milestone, MobiKwik becomes one of the first fintechs to bring digital foreign exchange services to mobile, strengthening its reputation as a credible pioneer in building secure, home-grown financial innovations that enhance speed, safety and convenience for all users.The first live ...
Here’s What Wall Street Thinks About Sezzle (SEZL) After Q3 2025 Results
Yahoo Finance· 2025-11-18 10:07
Core Insights - Sezzle Inc. (NASDAQ:SEZL) is recognized as a fast-growing small-cap stock, with analysts providing mixed price target adjustments while maintaining varying ratings [1][2]. Financial Performance - For fiscal Q3 2025, Sezzle reported a revenue increase of 66.95% year-over-year, reaching $116.8 million, which exceeded estimates by $12.09 million [2]. - The company's earnings per share (EPS) was $0.71, surpassing expectations by $0.06 [2]. - Sezzle achieved a record high Gross Merchandise Volume (GMV) of $1 billion, reflecting a year-over-year growth of 58.7% [2]. - The growth in GMV was attributed to increased usage of subscription products and a strategic focus on consumer acquisition, engagement, and retention [2]. Guidance Updates - Sezzle raised its EPS guidance from $3.25 to $3.38 [3]. - The Adjusted EBITDA guidance was increased from a range of $170 million – $175 million to $175 million – $180 million [3]. Business Model - Sezzle operates as a fintech company offering a "buy now, pay later" payment platform, enabling consumers to split purchases into four interest-free installments [3].
Jiayin Group Inc. to Release Third Quarter 2025 Unaudited Financial Results on Tuesday, November 25, 2025
Globenewswire· 2025-11-18 10:00
SHANGHAI, China, Nov. 18, 2025 (GLOBE NEWSWIRE) -- Jiayin Group Inc. ("Jiayin" or the "Company") (NASDAQ: JFIN), a leading fintech platform in China, today announced that it will release its unaudited financial results for the third quarter of 2025 before the U.S. market opens on Tuesday, November 25, 2025. The Company will conduct a conference call to discuss its financial results on Tuesday, November 25, 2025 at 7:00 AM U.S. Eastern Time (8:00 PM Beijing/Hong Kong Time on the same day). What:Jiayin Group ...
Yiren Digital to Report Third Quarter 2025 Financial Results on November 25, 2025
Prnewswire· 2025-11-18 07:30
Core Viewpoint - Yiren Digital Ltd. is set to release its unaudited financial results for Q3 2025 on November 25, 2025, before the U.S. market opens, indicating a focus on transparency and timely communication with investors [1]. Group 1: Financial Results Announcement - The company will announce its unaudited financial results for the third quarter ended September 30, 2025, before U.S. market opens on November 25, 2025 [1]. - An earnings conference call is scheduled for 7:00 a.m. U.S. Eastern Time on the same day, allowing stakeholders to engage directly with management [2]. - Participants must register online in advance to receive dial-in details for the conference call [2]. Group 2: Company Overview - Yiren Digital is a leading fintech company focused on digital consumer lending, insurance, and financial technology innovation in China and Southeast Asia [4]. - The company utilizes advanced artificial intelligence and emerging technologies to improve customer experience, enhance capital efficiency, and promote financial inclusion [4]. - Recent initiatives include the launch of the Magicube Agent Platform and a strategic entry into the digital asset business, positioning Yiren Digital as an AI-powered and blockchain-enabled global fintech leader [4].
Beyond by RS2 Becomes a Principal Issuing Member of Visa
Businesswire· 2025-11-18 05:22
Core Insights - Beyond by RS2 has achieved the status of Principal Issuing Member of Visa in Europe, enabling the company to directly issue Visa cards and manage payment card programs [1][5]. Group 1: Company Positioning - This milestone enhances Beyond by RS2's role as an end-to-end payment partner, offering a combination of issuing, acquiring, and processing services within a regulated framework [2][5]. - The company aims to support banks, fintechs, corporates, and merchants in developing flexible, scalable, and compliant card programs tailored to their business models [2][5]. Group 2: New Services Offered - Beyond by RS2's new issuing services include BIN sponsorship, allowing businesses to launch card programs without needing their own license, and co-branding solutions to enhance customer loyalty and brand engagement [3][4]. - The company provides a variety of card solutions, including debit, credit, prepaid, and corporate cards, available in both physical and digital formats, with support for Apple Pay and Google Pay [3][4]. Group 3: Comprehensive Program Management - Beyond by RS2 offers end-to-end program management, covering all aspects from branded card products to customer support, fraud prevention, and compliance, leveraging its regulatory expertise [4][5]. - The company aims to help businesses launch quickly and securely across the European Union (EU) and the European Economic Area (EEA) [4][5]. Group 4: Strategic Growth - Achieving Visa Principal Issuing Member status is a significant milestone in Beyond by RS2's growth strategy, allowing the company to deliver greater value to customers and partners [5][6]. - The company provides a comprehensive one-stop solution for businesses entering the payments market or expanding existing offerings, including employee benefit and expense cards, loyalty programs, fuel cards, and early-wage access solutions [5][6]. Group 5: Technological Advantage - As part of the RS2 Group, Beyond by RS2 benefits from direct access to advanced payment infrastructure and processing technology [6]. - The combination of advanced technology with regulatory and operational expertise empowers clients and partners to innovate and scale confidently across the European market [6].
Bitcoin's slide signals a warning for equities, Apple reportedly ramps up Tim Cook succession plans
Youtube· 2025-11-17 22:25
Market Overview - The stock market is experiencing significant selling pressure, with the Dow down nearly 700 points, approximately 1.5% [2][3] - The NASDAQ composite is down less than the Dow, while the S&P 500 is down about 1.3% [3] - Small-cap stocks are particularly affected, with the Russell 2000 down 1.85% and the S&P 600 down 2.3% [3] Volatility and Bond Market - The VIX index has been increasing, indicating rising volatility, with intraday highs surpassing 22 [4] - Bond yields are slightly down, with the 10-year Treasury yield at 4.13% and the 30-year at 4.73% [5] Sector Performance - Only the utilities sector is showing positive performance, up 0.5%, while technology stocks are the biggest losers, down 2.25% [6][7] - Notable losses in the semiconductor and software sectors, with companies like Oracle and Salesforce down 3% [7] Bitcoin and Crypto Market - Bitcoin has dropped to approximately $91,500, down over 25% from its record high of over $126,000 [29][30] - The recent weakness in Bitcoin is viewed as a potential warning sign for equities, with liquidity concerns impacting demand [11][12] Apple Inc. Developments - Apple shares are lower following Berkshire Hathaway's disclosure of selling $10.6 billion worth of Apple stock in Q3 [53] - The company faces pressure regarding its slower move into artificial intelligence and the search for new product innovations [57][58] Quantum Computing Company Performance - Quantum Computing reported a significant improvement in revenue, with a net income of $2.4 million compared to a loss of $5.7 million a year ago [56] Palantir Technologies Insights - Palantir shares have declined around 12% in the last week due to concerns over high valuations in the AI sector [75] - CEO Alex Karp expressed confidence in the company's value proposition and its appeal to average investors [76][78] SoFi Financial Performance - SoFi has seen a year-to-date increase of over 70%, attributed to its diversified business model and benefits from a lower interest rate environment [97][99] - The company is expected to maintain strong revenue growth, with a 25% EBITDA margin [102] Fiserv Challenges - Fiserv's stock has dropped approximately 70% this year, with a significant earnings miss and lowered guidance impacting investor confidence [105][107] - The company faces competition from newer fintech solutions, leading to potential loss of client interest [110]
XP Inc. Announces Cash Dividend, Treasury Shares Retirement and New Share Repurchase Program
Businesswire· 2025-11-17 22:18
New Buyback Program Nov 17, 2025 5:18 PM Eastern Standard Time XP Inc. Announces Cash Dividend, Treasury Shares Retirement and New Share Repurchase Program Share SÃO PAULO--(BUSINESS WIRE)--XP Inc. (Nasdaq: XP), announced today that its board of directors has approved three capital allocation actions: (i) the declaration of a cash dividend, (ii) the retirement of treasury shares, and (iii) the authorization of a new share repurchase program. Cash Dividend The Board declared a cash dividend of US$0.18 per Cl ...
XP Inc. Reports Third Quarter 2025 Results
Businesswire· 2025-11-17 21:10
Nov 17, 2025 4:10 PM Eastern Standard Time XP Inc. Reports Third Quarter 2025 Results Share SÃO PAULO--(BUSINESS WIRE)--XP Inc. (NASDAQ: XP) ("XP†or the "Company†), a leading tech-enabled platform and a trusted pioneer in providing low-fee financial products and services in Brazil, reported today its financial results for the third quarter of 2025. Summary Operating KPIs | Operating Metrics (unaudited) | 3Q25 | 3Q24 | YoY | 2Q25 | QoQ | | --- | --- | --- | --- | --- | --- | | Total Client Assets (in R$ bn ...
Sequoia-backed fintech Aspora will let Indian diaspora pay bills back home
Yahoo Finance· 2025-11-17 17:22
Sequoia-backed fintech platform Aspora, which lets the Indian diaspora send money back to India, is launching a new feature for users to pay bills. This means Non-Resident Indians (NRIs) can pay utility bills or recharge their mobile prepaid plans for their family. The startup said that until now, users had to either transfer the money to their Indian accounts or ask someone to handle the bills for them. The other option for them was to use their foreign cards and try and pay bills while facing high char ...