According to The Information, Tether is making a final push for a new funding round, targeting a massive valuation of approximately $500 billion. The firm has reportedly asked potential investors to submit their capital commitments within the next two weeks. If successfully closed, this mega-round would propel Tether into the ranks of the world's highest-valued fintech companies. ...

🚨 FINANCE: MONEY TRANSFER APP DUC EXPOSED THOUSANDS OF PASSPORTS AND LICENSES TO THE OPEN WEBToronto-based fintech Duales left an Amazon-hosted storage server for its Duc money transfer app completely open to the internet with no password protection and no encryption. Per TechCrunch reporting, the server contained over 360,000 files including driver's licenses, passports, selfies, and customer transaction records dating back to September 2020.Anyone with the server's easily guessable web address could brows ...

Africa’s most valuable fintech unicorn Flutterwave secures a Nigerian license to operate as a national microlender https://t.co/ME8dBMXAH4 ...

Core Viewpoint - Lesaka Technologies, Inc. will release its third quarter 2026 results on May 6, 2026, after the U.S. market closes, followed by a presentation and Q&A session on May 7, 2026 [1] Group 1: Company Overview - Lesaka operates as a South African fintech company focused on providing financial services, software, and business services to underserved consumers and merchants in Southern Africa [4] - The company offers an integrated multiproduct platform that includes transactional accounts, lending, insurance, merchant acquiring, cash management, software, and Alternative Digital Products (ADP) [4] - Lesaka aims to facilitate the digitization of commerce in its markets through a full-service fintech platform within a connected ecosystem [4] Group 2: Financial Reporting and Events - The third quarter 2026 results will be available after the U.S. market closes on May 6, 2026 [1] - A presentation webcast and conference call will take place on May 7, 2026, at 8:00 AM EDT (2:00 PM SAST), including a live Q&A session for analysts and investors [1][2][3] - An archived version of the webcast will be accessible on Lesaka's Investor Relations website following the presentation [4]

Why is the US stock market up today? Dow surges 900+ points as S&P 500 and Nasdaq explode in massive rally.: US stock market is up today, and the numbers are hard to ignore. The Dow Jones Industrial Average jumped 913 points, while the S&P 500 gained 2.34% and the Nasdaq surged 3.24%—a sharp rally that comes after weeks of heavy selling pressure. The key driver behind this sudden move? A combination of easing geopolitical fears, falling oil prices, cooling bond yields, and a powerful rebound in tech stocks. ...

By Marcela Ayres BRASILIA, March 31 (Reuters) - Social media platform TikTok, controlled by China's ByteDance, is seeking approval from the Brazilian central bank to operate as ‌a lending and payments fintech, according to two people with direct knowledge ‌of the matter. The sources, who requested anonymity because the plans are confidential, said TikTok has applied for two ​licenses with the regulator. One would allow it to operate as an "electronic money issuer," offering prepaid accounts for users to ...

New York, New York--(Newsfile Corp. - March 31, 2026) - Bernstein Liebhard LLP announces that a shareholder has filed a securities class action lawsuit on behalf of investors (the "Class") who purchased or acquired the securities of Lufax Holding Ltd ("Lufax" or the "Company") (NYSE: LU) between April 7, 2023, and January 26, 2025, inclusive.Should You Join The Lufax Class Action Lawsuit?Do you, or did you, own shares of Lufax Holding Ltd (NYSE: LU)?Did you purchase your shares between April 7, 2023 and Ja ...

Core Insights - OwlTing Group has successfully onboarded over 20 enterprise clients onto its OwlPay Harbor platform in the first quarter of 2026, indicating a strong demand for its digital currency settlement infrastructure [3][5] - The aggregate annual payment volume represented by these clients exceeds USD $5 billion, showcasing the scale of enterprise activity that has chosen OwlPay Harbor as a settlement partner [4][13] - The company is transitioning into the monetization phase, where the infrastructure built over several years is expected to convert into revenue through client relationships and payment utilization [5][8] Client Base and Market Position - The contracted client base includes diverse enterprises such as Graph (Oval Technologies), Dexpay, and Hope for Haiti, which are involved in cross-border payments and humanitarian aid [6] - These clients represent active payment corridors extending from the United States to regions including Latin America, Africa, the Middle East, and Asia-Pacific [6] - The breadth of enterprise signings reflects both the infrastructure developed by the company and the increasing market demand for regulated digital currency settlement solutions [7] Revenue Model and Regulatory Compliance - OwlPay Harbor monetizes primarily through transaction-based fees, with a current blended take rate of 25 to 35 basis points across various services [7][14] - The company has established a regulatory footprint with Money Transmitter Licenses in 40 U.S. states, a Virtual Asset Service Provider license in the EU, and an Electronic Payment Intermediary Service Provider license in Japan, positioning it as a trusted cross-border settlement layer [9][14] - The ongoing client onboarding and the associated payment flows are expected to build cumulative revenue opportunities over time as they migrate onto OwlPay Harbor [5][8]

以下文章来源于不懂经 ，作者不懂经也叔的Rust 不懂经 . 《主权个人》：未来会活得很爽的有三种人，一是技术精英，二是各行业头部，三是有资本及良好判断 力的人。本号专注后面两种。 2026年3月，美国科技行业至少已有66家公司宣布裁员，累计影响39,482个岗位。更刺眼的是，其中 大约9,238个岗位，约占全年科技裁员的20%，被直接归因于AI采用和自动化。 也就是说，大约每5个被裁掉的科技从业者里，就有1个，是被"AI"这个理由推向门外的。这已经不 是"未来趋势"，而是正在发生的组织决策。 更值得注意的是，很多公司甚至不再掩饰这背后的逻辑。裁员说明、财报电话会、重组通告里，越来 越频繁地出现同一套表述：提升效率、组织扁平化、加速AI投资、用更少的人做更多的事。 其中最典型的一幕，发生在金融科技公司Block，其CEO也是推特的创始人Jack Dorsey杰克·多西在 推上解释裁员4000人时，大意是：智能工具正在改变工作方式，小而扁平的团队会成为新常态。与 其在未来几年里慢慢裁减，不如现在就诚实面对。 把这段企业语言翻译得更直白一点，其实就是一句话：在某些公司看来，人就是马。蒸汽机和汽车来 了，马就该退场 ...

Group 1: AI and Space-Based Solutions - Current advancements in AI are heavily reliant on large terrestrial data centers, which face limitations in power and cooling requirements, leading Musk to propose building AI data centers in space as a long-term solution [1] - Musk's initiatives combine various technologies, including rockets, Starlink satellites, and AI, under a valuation of approximately $1.75 trillion, with SpaceX acquiring xAI ahead of a potential IPO [2][6] Group 2: National Debt Concerns - Musk warns that without significant productivity improvements from AI and robotics, the U.S. risks bankruptcy due to its national debt, which currently stands at $38.99 trillion [4][6] - The U.S. paid $1.22 trillion in net interest in fiscal 2025, highlighting the unsustainable nature of the national debt, which exceeds the Defense Department budget [3] Group 3: Economic Implications of AI - Musk suggests that AI could lead to a dramatic increase in the output of goods and services, potentially resulting in deflation, as the money supply may not keep pace with production increases [7] - The rise of automation may threaten millions of jobs, leading to reduced tax revenue and weaker consumer spending, as evidenced by companies like Block, Inc. cutting their workforce by about 40% due to AI efficiencies [8] Group 4: Investment Strategies Amid Economic Uncertainty - Musk advises that owning physical assets, such as real estate or stocks in companies with strong products, is preferable to holding cash during high inflation periods [16][17] - The S&P CoreLogic U.S. National Home Price Index indicates that home prices have increased nearly 50% over the past five years, reinforcing real estate as a long-term hedge against inflation [17]