Core Insights - Inverite Insights Inc. has joined the Digital ID & Authentication Council of Canada (DIACC) as a Tier-1 Sustaining Member, effective February 1, 2026, enhancing its role in the digital identity and authentication landscape in Canada [1][4] Company Overview - Inverite is a Canadian risk infrastructure company that specializes in real-time financial data, bank verification, income and affordability analytics, and AI-driven risk modeling and fraud prevention solutions [5] Membership Benefits - As a Sustaining Member of DIACC, Inverite will participate in expert committees and working groups that define core elements of digital trust, including identity verification and consent requirements, which will influence standards across various sectors [3][4] - This membership provides Inverite with voting rights and greater influence over the evolution of Canada's digital identity standards [3] Industry Context - DIACC oversees the Pan-Canadian Trust Framework™ (PCTF), which is a risk-mitigation framework for digital identity and authentication used by governments and financial institutions across Canada [2] - The organization also manages the Voilà Verified Trustmark Program, allowing service providers to demonstrate compliance with national digital trust standards [2]

Core Insights - Remitly has experienced strong growth since its IPO in 2021, but its stock has declined significantly, down approximately two-thirds from its initial listing price of $43 [3][4] - The remittance industry, which involves hundreds of billions of dollars sent across borders annually, is dominated by traditional players like Western Union and MoneyGram, but Remitly is the fastest-growing company in this sector [2] Financial Performance - In the latest quarter, Remitly reported a revenue increase of 25% to $419.5 million, driven by a 35% rise in send volume to 19.5 million, although the take rate has decreased due to a strategic market expansion [5] - The company achieved a net income of $8.8 million, indicating it is now profitable under GAAP, although margins remain minimal [5] Future Projections - During its Investor Day conference, Remitly provided guidance through 2028, forecasting revenue growth in the high teens for 2026 and projecting revenue between $2.6 billion and $3 billion by 2028, which implies a compound annual growth rate of 20% over the next three years [6] - The company also aims for an adjusted EBITDA of $575 million to $600 million and plans to meet the "rule of 40" standard, where revenue growth and EBITDA margin combined would equal at least 40% [6] Market Position - Remitly currently has a market capitalization of $2.9 billion, trading at approximately 5 times its EBITDA forecast for 2028, suggesting potential for stock appreciation if targets are met [8] - The stock's current price is $13.61, with a 52-week range of $12.08 to $27.32, indicating significant volatility [8] Strategic Initiatives - The company has expanded its addressable market by offering services to businesses and introducing the Remitly One subscription program, which includes features like send now, pay later [9] - With strong revenue growth, a low valuation, and innovative products, Remitly is positioned as an attractive investment opportunity despite current stock weaknesses [9]

Voice AI attracts interest; Inside PhonePe’s IPO planWant this newsletter delivered to your inbox?Also in the letter:■ Shadowfax’s muted listing■ Pine Labs swings to black in Q3■ ETtech Done DealsVoice AI startups hear the sound of money as enterprises sign up Voice artificial intelligence (AI) startups Rising interest: Three Indian startups raised capital in January alone.Others, such as Navana AI, Vaani AI and JobsUPI, are looking to raise funds, founders told ET.The momentum mirrors global trends, where ...

Dougal Waters/DigitalVision via Getty Images Listen here or on the go via Apple Podcasts and Spotify Andres Cardenal from The Data Driven Investor and Beth Kindig from Tech Insider Network discuss their top growth picks for 2026: MercadoLibre (MELI) and Bloom Energy (BE). This is an excerpt from this week's live event: Growth & Tech Investing Strategy For 2026. Transcript Daniel Snyder: Welcome back, everyone, to Investing Experts Live. Top ideas for 2026. Obviously, if you were tuning in to the firs ...

ServiceNow and Fiserv expand strategic commitment to accelerate AI-driven transformation of financial servicesJan 28, 2026 4:10 PM Eastern Standard Time# ServiceNow and Fiserv expand strategic commitment to accelerate AI-driven transformation of financial servicesShare---By scaling ServiceNow AI throughout operations, Fiserv will elevate operational excellence while enhancing resiliency and stability across IT and client experiencesSANTA CLARA, Calif. & MILWAUKEE--([BUSINESS WIRE])-- [ServiceNow](NYSE: NOW) ...

NEW YORK, Jan. 28, 2026 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Klarna Group plc (NYSE: KLAR). Shareholders who purchased shares of KLAR during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/klarna-group-plc-loss-submission-form/?id=183259&from=3 CLASS PERIOD: This lawsuit ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

SALT LAKE CITY--(BUSINESS WIRE)--PROG Holdings, Inc. (NYSE:PRG), the fintech holding company for Progressive Leasing, Purchasing Power, Four Technologies, and Build, is scheduled to release financial results for the fourth quarter of 2025 on Wednesday, February 18, 2026 prior to the market open. The Company has also scheduled a live webcast for February 18, 2026 at 8:30 A.M. ET to discuss its financial results for the fourth quarter of 2025. The webcast can be accessed via the below link, or through the Ev ...

Founded in 1999, MercadoLibre, Inc (NASDAQ: MELI) is the leading company in e-commerce and financial technology in Latin America, with operations in 18 countries. It offers a complete ecosystem of solutions for individuals and businesses to buy, sell, advertise, obtain credit and insurance, collect, send money, save, and pay for goods and services both online and offline. Mercado Libre looks to facilitate access to commerce and financial services in Latin America, a market that offers great opportunities an ...

Some stocks mired in bear markets amount to no more than falling knives, meaning there's risk in trying to catch these battered names while they're faltering. On the other hand, some swooning stocks may be opening the door to opportunity for savvy investors. Fintech company Shift4 Payments (NYSE: FOUR) may be in the latter, more positive category. After tumbling nearly 42% last year, the stock is off to a strong start in 2026, gaining almost 6% since the beginning of the year. In the context of the stock's ...