Prior to making noise in the IPO, fintech company Robinhood unveils its new premium trading features to the market. Millennial investors who are subscribed to the company’s Gold membership are slated to experience exclusive features for an affordable price...
Reports show that almost all fintech employers are suffering from a lack of professionals specializing in the industry. Finews.Asia stated that 94% of employers related to financial technology services are experiencing a scarcity of talents. A study by recruitment...
The city of Johannesburg’s authority system was hacked last Sunday, Oct. 27, by a group that demanded a Bitcoin ransom worth $136,736 or R2,000,000.
The authorities are conducting an investigation and have shut down the city’s billing systems and website....
London-based fintech firm Fidel announced Wednesday, Sept 25, it has secured $18 million with its first major funding round co-led by U.S.-based fintech funds Nyca Partners and QED Investors.
According to a report from Tech Crunch, the new funding, which...
E-commerce company Infibeam Avenues announced its plan to invest Rs 250 crore (more than USD 35 million) in a move to elevate its fintech ventures, according to The Economic Times. The goal of this investment is to develop a...
Fintech company FNZ has won a deal to acquire fintech vendor GBST for $269 million, beating other bidding competitors Bravura and SS&C.
According to a report from CRN, FNZ will acquire 100% of GBST shares for $3.85 per share. This...
Some of the largest financial technology companies are entering into mergers and acquisitions at an unprecedented pace, a research firm reported.
Since January 2019, three of the eight significant fintech partnership and M&A deals have been reported, S&P Global Market...
After its first day of trading in the stock market last Thursday, Sept. 26, fintech lender Oportun Financial has sold 6.25 million shares at $15 each.
The company raised about $94 million in IPO, offering 23 percent of its overall...
Chinese tech company Huawei recently announced its participation in the digital payments arena with a cloud-based solution, according to a post on the firm’s website. This new service was announced during the Better World Summit 2020.
During the Summit, Director...
Siam Commercial Bank (SCB), Thailand's oldest bank, recently collaborated with Ripple to provide a remittance service called SCB Easy. Fintechnews Singapore said that this mobile application offers cross-border payments at low costs.
SCB’s vice president of commercial banking Arthit Sriumporn...
