Toronto, Ontario--(Newsfile Corp. - July 23, 2025) - Tenet Fintech Group Inc. (CSE: PKK) (OTCQB: PKKFF) ("Tenet" or the "Company"), an innovative analytics service provider, owner and operator of the Cubeler® business development platform, today announced that the completion of the audit of the Company's year-end 2024 financial statements (the "Financial Statements") would be further delayed to align with the annual tax audit of the Company's Chinese subsidiaries. The subsidiaries' tax audit is an annual r ...

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Wise’s decision to shift its primary listing from London to America is drawing criticism.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.As Bloomberg News reported Wednesday (July 23), both proxy advisory firm Glas ...

Key Takeaways DAVE posted a 47% revenue jump and 235% adjusted EBITDA growth in 1Q25. CashAI helped DAVE cut delinquency by 18% and credit loss ratio to 0.69%. OPFI grew net income 285.1% and cut net charge-offs by 1300 bps y/y.Both OppFi Inc. (OPFI) and Dave (DAVE) operate in the fintech space, addressing customer needs encircling digital lending. DAVE’s primary service is to offer small, interest-free cash advances to users. OPFI works with banks to provide access to credit to subprime/non-prime demogra ...

Vancouver, B.C., July 23, 2025 (GLOBE NEWSWIRE) -- NextGen Digital Platforms Inc. (CSE:NXT) (OTCQB:NXTDF) (FSE:Z12) (“NextGen” or the “Company”) a digital asset and fintech platform bridging traditional capital markets with Web3 infrastructure, is pleased to announce the appointment of Mr. Mahyar Akhbari, a highly respected industry veteran in the digital asset space, as an advisor.Matthew Priebe, NextGen’s CEO, commented: “We’re very excited to welcome Mahyar to the team. He’s a leader in Web3, cryptocurre ...

Core Insights - LendingClub Corporation (NYSE: LC) has undergone significant evolution from its initial fintech focus, impacting its position both as an individual company and within the broader market landscape [1] Company Evolution - The transformation of LendingClub reflects changes in its operational strategy and market approach, indicating a shift from a pure fintech model to a more diversified business structure [1]

Core Insights - PayPal has launched a new platform called PayPal World aimed at simplifying cross-border commerce by allowing users to pay using their local wallets and payment systems [1][4] - The platform has partnered with major global wallet companies, including India's NPCI International Payments Limited, China's Tenpay Global, and Latin America's Mercado Pago, to reach over two billion users worldwide [2][3] Group 1: Partnerships and Collaborations - PayPal's launch partners include NPCI International Payments Limited, which operates the UPI mobile payments framework in India, and Tenpay Global, which manages the WeChat payment ecosystem in China [2] - A memorandum of understanding has been signed with Mercado Pago, a fintech company in Latin America, to enhance payment capabilities [3] Group 2: Platform Features and User Benefits - PayPal World will enable PayPal and Venmo users to send money globally, even to non-PayPal users, facilitating transactions in different countries [4] - Users traveling in China can utilize PayPal on the Weixin payment network, while Indian customers can use their UPI wallets for purchases from U.S. sites [4] Group 3: Market Impact and Transaction Volume - Mercado Pago reported a total payment volume of $58.3 billion in Q1 2025, while UPI transactions in India exceeded $238 billion in June [7] - Tenpay Global is also enhancing its remittance framework to support cross-border peer-to-peer payments [7][8] Group 4: Future Developments - PayPal World is set to launch this fall, with Venmo users expected to be able to make payments for both online and offline shopping by 2026 [9]

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RT OpenTrade (@opentrade_io)1/ We’re excited to announce our partnership with@belo_app, a leading Argentine fintech that allows users in 18 countries across Latin America to seamlessly collect their income from anywhere in the world, access USD accounts (via $USDC and USDT ), and make payments and international transfers at a very low cost.With this collaboration, @belo_app can easily generate stable and predictable returns on its USDC and USDT balances, fully backed by a suite of high quality financial ass ...

Key Takeaways Block jumped 24.7% in a month, outperforming its industry's 5.7% gain and rising 7.2% intraday yesterday. SBlock, Inc. (XYZ) shares have surged 24.7% in a month, outperforming its industry’s rise of 5.7%. Notably, XYZ shares gained 7.2% during the intra-day trading session yesterday, after Block had made it to the coveted S&P 500 list.On Friday, July 18, S&P Dow Jones Indices announced that it will add Block to the S&P 500 Index, replacing Hess, which is set to be acquired by Chevron. The cha ...