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Silicon Valley Bank Crisis is Disrupting Fintech Funding

World Fintech News March 18, 2023 0

As per the IPO news, concerns about the banking sector’s liquidity and its potential impact on smaller firms that rely on bank loans and capital have been triggered by the recent reports of Silvergate Capital’s closure of its banking operations for the crypto industry. After Silicon

IPO News Fintech Stock

Future of Fintech IPOs: An Uphill Battle for Investment Love

Devi March 15, 2023 0

Even though the IPO- Nasdaq market has begun to thaw, it will take a lot of work for fintech businesses to get widespread investor interest. It has been challenging for fintech to sustain greater valuations due to the cautious mindset of investors, increased cash-burn rates, dismal share, and mounting losses. Industry analysts expect fintech to […]

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Revolut’s Ambition to Become a Global Bank Takes a Big Leap

Devi March 13, 2023 0

The UK’s top fintech company, Revolut, is on the approach of getting the banking license in the UK. This follows the company’s long-awaited release of its financial statements, which showed a profit for the first time. Top UK lawmakers have praised the fintech company’s rapid expansion, but the company has also come under fire for […]

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From Public to Private: List of Firms Making the Switch

World Fintech News March 12, 2023 0

After realizing that going public isn’t always a cakewalk, many companies are quickly reverting to private ownership. Among the list of public companies going private between 2020-21, ten firms committed to selling themselves to private groups. Only eight companies that went public in 2018/2019 have subsequently moved to private. The poor performance of the initial

IPO News Tech Stock

FinTech IPOs Take a Beating as Investor Confidence Wanes

World Fintech News March 10, 2023 0

IPOs in the financial technology industry are facing a steep decline. There is a reason to worry regarding the performance of different FinTech IPOs in light of the global epidemic and the recent drop in the Nasdaq. Only 3 of the 46 tracked FinTech companies are trading at a premium to their share price. As […]

IPO News Tech Stock

The Rise & Fall of a Fintech Star: Stripe’s Tech Stock Tale

World Fintech News March 8, 2023 0

The Irish brothers’ John Collison and Patrick, who co-founded the fintech darling Stripe, are looking to raise new capital at a lower value than before as the company mulls over potential IPO options. Since it is uncommon for a startup to obtain capital at a lower valuation, the move has garnered a lot of attention. […]

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Indian Govt Challenges Hindustan Zinc’s Vedanta Acquisition

World Fintech News February 27, 2023 0

According to Stock news, the Sensex and the Nifty both fell by 0.51% and 0.56%, respectively, on Monday, indicating a downward trend in Indian equities. Also volatile were the shares of mid and small-sized companies, with the Nifty Midcap 100 rising by 0.08% and the smallcap shares falling by 0.34%, respectively. Check out the most […]

IPO News

Imported Coal Causes Struggles for Indian Power Stations

World Fintech News February 27, 2023 0

According to the stock news today, a 1,500 crore loan was repaid by Gautam Adani, CEO of Adani Ltd, as part of the company’s efforts to recoup from a drop in group stock prices following a report by Hindenburg Research. The corporation has also agreed to make additional payments towards and prepay a 1,000 crore […]

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Fintech Firms Show Resilience with Job Openings Amid Layoffs

World Fintech News February 25, 2023 0

Amidst all the Fintech layoff news, knowing about several Fintech hiring is encouraging. Kikoff, Addepar, Nium, Human Interest, Emburse, and Collective are among the Fintech companies with open job vacancies. Kikoff is a consumer Fintech firm focused on helping people build their credit and is hiring for ten roles, including senior product manager, associate product […]

IPO News

Singapore’s Fintech Investment Hits Three-Year High

World Fintech News February 25, 2023 0

In 2021, the Fintech market experienced a remarkable year, with career high deals and financing across all regions, including the United States, Asia Pacific and EMEA. However, global funding and deal volume are expected to fall significantly by 2022. However,the Asia Pacific region led the way in terms of growth, with a combined total US$50.5 […]