Nasdaq-listed shares of the Nigerian fintech company Tingo stocks fell by as much as 60 percent after Hindenburg research labeled it an evident fraud. As per the Tingo Hindenburg Report, Tingo fabricated partnerships, lacked the necessary mobile license, and fraudulently claimed the
According to a recent SEC filing, HRT Financial LP made a sizable investment in NerdWallet, Inc. Through its advanced digital platform, the rapidly expanding financial advisory firm gives people and small to medium-sized businesses the ability to access a variety of financial product providers. With targeted educational content, user-friendly tools and calculators, and
Upstart Holdings, Inc. is an artificial intelligence (AI) lending platform corporation based in San Mateo that provides online loans utilizing AI and ML learning methods. Raymond James Financial Services Advisors Inc., one of the leading diversified financial services firms in the United States, recently sold 8,953 shares of Upstart Holdings, Inc. stock for $373,000 to
Dubai FinTech Summit will take place on May 8 and 9, 2018, under Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Prime Minister and Minister of Finance of the UAE, Deputy Ruler of Dubai, and President of the Dubai International Financial Centre. The number of active enterprises in the FinTech community at DIFC increased […]
Monday’s trading in Adani Group shares was choppy, with investors reacting differently to the news of upcoming court proceedings, stringent regulations scrutiny, and index rebalancing. Adani Enterprises, the group’s main company, saw the highest selling, falling 5.94% to 1,619.55 a share at the BSE market close. Adani Transmission, Adani Green Energy, and Adani
The UAE fintech sector is expected to expand rapidly between 2023 and 2027. Fintech refers to the use of modern technological advancements in financial products and services, with an emphasis on improving and automating the supply and usage of financial services. Fintech can contend with traditional financial techniques in delivering financial services by adopting various
2022 has not been favorable to growth stocks. 2023 may bring better stock news. According to Wall Street, the following three growth stocks could increase by 50% or more this year. Amazon (AMZN -0.79%) Amazon had its worst year in more than ten years in 2022. The cloud and e-commerce giant’s stock dropped nearly 50%. […]
Here’s a brief of the fintech stock news for the day. Radiant Cash Management: The listing data for Radiant Cash Management’s IPO has been set for the 4th of January, 2023. Radiant Cash Management Services Limited shares will be listed and admitted to trading on the market in the list of the “B” category of […]