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The stock market growth chart illustrates the 1.7% rise in the Nasdaq FinTech index.

IPO News

Strong Earnings Drive Nasdaq FinTech Index 1.7% Higher

World Fintech News April 23, 2023 0

With one day left in March, the Nasdaq index dropped 10%, wiping the year-to-date gains and leaving it at 8.5%. Oportun, OppFi, Huize, Affirm, and Futu Holdings are just some of the firms that have shown advances in the last five trading days. Oportun jumped by 17% after the CFPB (Consumer

The image of a business finance attorney illustrates the CFPB's drop in Oportun inquiries.

Fraud Analysis

CFPB Drops Inquiry, Oportun’s Fintech Stock on the Rise

World Fintech News April 22, 2023 0

Oportun (Nasdaq: OPRT), a digital banking platform, made the announcement today that the Consumer Financial Protection Bureau (CFPB) has informed Oportun, through a letter, that the agency has finished its examination of the company. The CFPB explained in their letter that the Office of Enforcement staff came to the conclusion that they would not recommend […]

The image of a global business network illustrates Finverity's $5 million raise to bridge the trade finance gap.

Investments & Exits

Finverity Boosts Supply Chain Finance Tech with $5 Million

World Fintech News April 22, 2023 0

To further develop its supply chain finance technologies, Finverity has raised $5 million. The London-based company will use the fresh capital to expand its workforce from 40 to 60 people to keep up with customer demand for its services and finish setting up shops in Dubai, Poland, and Kenya. According to a press release by […]

An analyst analyzes a business stock's growth to determine the top fintech stocks to buy.

IPO News

Top Fintech Stocks- Investing in the Future of Finance

World Fintech News April 21, 2023 0

Let us analyze the 12 best fintech stocks. Since the recent global financial crisis, the fintech industry has reaped the benefits of increasing investments. After the global financial crisis of 2008, the globe became more conscious of the flaws of the traditional financial services business, prompting the rise of fintech. The second wave of fintech […]

Double exposure of an abstract financial graph with a world map on office buildings background illustrates India's urge to act on Trade Finance.

Investments & Exits

India Urges G20 to Take Action on Trade Finance

World Fintech News April 20, 2023 0

Commerce Secretary Sunil Barthwal emphasized the need for member countries to work together to narrow the trade finance gap in his opening remarks at Tuesday’s inaugural meeting of the G20 TIWG under India’s Presidency. The deficit in trade financing is growing. At a conference on trade finance hosted by the Export Credit Guarantee Corporation of […]

IPO News

E-commerce Giant Ozon Holdings Faces Nasdaq Delisting

World Fintech News April 20, 2023 0

The escalating geopolitical turmoil, particularly the invasion of Ukraine, has led to the top Russian e-commerce portal Ozon Holdings Plc being delisted from the Nasdaq exchange. Nasdaq Stock Market LLC issued the delisting notice on March 15, 2023, for reasons including failure to meet listing requirements. Yet Ozon Holdings denies this, saying it has followed […]

A smartphone application that offers BNPL service illustrates the "Buy now, pay later" Fintech Sezzle filing for a Nasdaq direct listing.

IPO News

Sezzle’s Nasdaq Direct Listing- Next Big Thing in Fintech?

World Fintech News April 15, 2023 0

Sezzle (SZL), a fintech company that helps online merchants accept “buy now, pay later” payments, has submitted paperwork to the SEC in order to register its shares for a direct listing on the Nasdaq. In a regulatory filing, Sezzle revealed that selling stockholders will offer up to 117M of the company’s share price. The filing […]

The image of Fintechs falling out of the financial system due to the crisis illustrates Fintech's fight to overcome the bank crisis.

IPO News

Fintech Companies Fight to Overcome Bank Crisis Fallout

World Fintech News April 10, 2023 0

After being negatively impacted by the bank crisis, shares of merchant acquirers, a prominent fintech firm, rose on Tuesday. The problem that began at Silicon Valley Bank and spread to other financial institutions had an effect on Global Payments, Fiserv, and Fidelity National Information Services. On Tuesday, however, FIS stock rose 7%, FISV stock rose […]

A double-exposure image of a hacker sitting at a desktop on a blurry office background illustrates the concepts related to Hindenburg accuses Block of Fraud.

Frauds

Block Stock Tumbled As Hindenburg Accuses of Fraud

World Fintech News April 5, 2023 0

Hindenburg Research stated it had taken a short position in Jack Dorsey’s payment firm; Block shares fell roughly 15% by Thursday’s close. A short report on this tech stock fall claimed that Block’s inadequate oversight of the platform enabled illicit activities and artificially boosted Cash App’s transactional user base. According to Hindenburg,

A double exposure image of a hacker trying to damage confidential information and steal stock market shares illustrates the concept of fraud and financial crime.

Risk Analysis Frauds

ITFA Forms Global Fraud Prevention Group for Trade Finance

World Fintech News March 25, 2023 0

In recent times, Triterras joined the ITFA. Being powered by blockchain technology, it became a trade finance service provider. Membership in ITFA allows everyone to connect with peers worldwide, share insights on managing the risks associated with maintaining and establishing trade, and study new approaches to risk analysis. Most financial institutions are introduced