The internet economy in Southeast Asia is expected to be worth 330 billion dollars by 2025 and 1 trillion dollars by 2030, according to estimates made by experts. Singaporean tech giant Sea Limited is the first to make a list (NYSE: SE). Though it did not make MarketWatch’s list of
58% of Americans are stockholders, with the wealthiest 1% holding more than half of all equities, according to recent research. Around $80 billion has been placed on PayPal (NASDAQ: PYPL), making it a major player in the financial technology sector. The Fintech stock is down over 40% of its 52-week high but offers promising future […]
Growth in the financial technology sector has been phenomenal in recent years, thanks to the pioneering work of many organizations in areas including lending, investment, and payment processing. When people started relying more on digital payments and online shopping during the pandemic, PayPal Holdings (NASDAQ: PYPL) saw a spike in sales and became one of […]
Affirm and Robinhood, formerly heralded as game-changers in the financial technology sector, have been experiencing difficulties as of late. The end of the Fintech stock bubble slowed Robinhood’s expansion, while the proliferation of competing purchase now, pay later firms made life difficult for Affirm. Investors may wonder whether they ought to buy any of these
China has arguably the most rigorous ongoing COVID-19 policies, which has produced numerous economic concerns. These COVID-related rules harmed Chinese enterprises since the lockdowns caused supply chain and production concerns. The lockdowns also have a negative impact on consumer spending and investment confidence. We examined how Apple has battled with production
Financial technology may be the last thing that comes to mind when considering areas that have a possibility to bounce back in 2023. For starters, several of these fintech shares are currently oversold. That implies they’re ideally positioned to appreciate as the economy improves. This is the place to go if you are looking for […]
GoLogiq, a fintech data analytics business based in the United States, has signed a binding intention letter to acquire Nest Egg Investments worth $30 million. Nest Egg Investments now provides a mobile app that can help plan, discover, and automate retirement savings. The company offers customized financing options that enable consumers to select or develop […]
The price of stocks of PayPal Holdings Inc. is rising as a result of a favorable note written by a Truist analyst in support of the transactions. Following the sell-off over the previous five months, Andrew Jeffrey suggested that investors purchase PayPal stock. About a 30% increase from here is represented by his revised price […]
UP Fintech Holding (TIGR 7.54%) and Futu Holdings (FUTU 9.33%), two online Chinese brokerages, were directed by the China Securities Regulatory Commission (CSRC) to stop taking on new Chinese clients, and as a result, their fintech stocks are plummeting today. Shares of UP Fintech and Futu have each decreased by roughly 25%. The CSRC claimed […]
Investors discounted a difficult economy in 2022, which caused shares of Block (SQ +3.59%) and PayPal Holdings (PYPL +4.05%) to decline. However, two Wall Street analysts anticipate brighter times in the future. David Koning of Baird raised his rating for Block from Neutral to Outperform after remaining at that level for two years. Andrew Jeffrey […]