Sign in Subscribe

Daily News

Zoho Dives into FinTech with New Payment Gateway Launch

Zoho Dives into FinTech with New Payment Gateway Launch

Hey, FinTech Fanatic! Zoho is making waves in the payments sector with the launch of Zoho Payments, a unified solution designed to help businesses seamlessly accept online payments. Zoho Payments offers secure transactions using cards, UPI, and over 35 net banking options. It aims to streamline checkout, reduce cart abandonment,

SEC Cracks Down on NFTs: OpenSea Faces Potential Lawsuit

SEC Cracks Down on NFTs: OpenSea Faces Potential Lawsuit

Hey FinTech Fanatic! The SEC has targeted OpenSea, a leading NFT marketplace, with potential litigation, alleging that some NFTs on the platform may be unregistered securities. OpenSea’s CEO, Devin Finzer, confirmed receiving a Wells notice, a precursor to enforcement action. This move is part of the SEC’s broader

Zip in Talks With Apple for U.S. Buy-Now-Pay-Later Integration

Zip in Talks With Apple for U.S. Buy-Now-Pay-Later Integration

Hey FinTech Fanatic! BNPL firm Zip is exploring a partnership with Apple, aiming to integrate its installment payment services in the U.S., according to CEO Cynthia Scott. While no current collaboration exists, discussions are ongoing. Zip also plans to partner with major U.S. merchants this quarter. Recently, Zip

Klarna Gains Momentum for IPO with Profit Surge

Klarna Gains Momentum for IPO with Profit Surge

Hey FinTech Fanatic! Klarna Bank AB reported a 27% revenue increase in the first half of this year, boosting adjusted profit to 673 million kronor ($66 million) for the June quarter, reversing a 456 million kronor loss from the previous year. The Stockholm-based FinTech, gearing up for a potential $20

Featurespace Set for Potential £700M Sale to Visa

Featurespace Set for Potential £700M Sale to Visa

Hey FinTech Fanatic! Visa is in advanced talks to acquire Featurespace, a Cambridge-based fraud detection company founded in 2008, with a potential valuation of around £700 million. The company, backed by the late tech entrepreneur Mike Lynch, specializes in machine learning software for fraud prevention, serving clients like HSBC and

Stripe Plans Another Employee Share Buyback as IPO Speculation Continues

Stripe Plans Another Employee Share Buyback as IPO Speculation Continues

Hey FinTech Fanatic! FinTech giant Stripe is planning to buy back shares from its employees once again, keeping its potential initial public offering (IPO) in the spotlight. This upcoming employee tender offer will be funded by Stripe's own resources, unlike previous buybacks that relied on external funding, according

PayPal Stock Soars on Adyen Partnership

PayPal Stock Soars on Adyen Partnership

Hey FinTech Fanatic! PayPal’s stock surged to a 52-week high after announcing a partnership with Dutch payments firm Adyen, which will offer PayPal’s Fastlane checkout tool to its U.S. enterprise customers. Mizuho analyst Dan Dolev, who maintains an outperform rating for PayPal, praised the deal, noting that