Fintech

Retail investors are now a driving force in U.S. financial markets, accounting for nearly half of trading activity. This transformation was the focus of a recent panel discussion at the Benzinga Fintech Deal Day & Awards event, where industry leaders explored how technology enables access and...

Dr. Robert Murphy, the chief economist at Infineo, shared his thoughts on the evolution of blockchain in life insurance and the broader financial landscape during the Benzinga Fintech Awards, where his company was recognized as Best Insurtech Company. Dr. Murphy highlighted Infineo's efforts to...

At last week's Benzinga Fintech Deal Day & Awards, Mitchell DiRaimondo, co-founder and lead project manager of SteelWave, addressed the increasing interest of traditional financial institutions in blockchain technology and tokenized real estate investments. Speaking on a panel alongside...

At the recent Benzinga Fintech Awards, Sean Kozak, managing partner and CEO of Tickblaze, outlined a strategic push to expand the accessibility of advanced trading technology. Previously tailored to institutional clients, the company aims to bring its tools to retail traders, aligning with the...

The Benzinga Fintech Deal Day and Awards, held last week in New York City, served as a hub for financial technology professionals to exchange ideas and growth strategies. Mathew Cashman, principal of investor education at the Options Clearing Corporation (OCC) and instructor at the Options Industry...

During the recent Benzinga Fintech Deal Day and Awards event, Rob Nardelli, director of commercial banking at DailyPay, shared his insights on embedded finance’s current and future state. Following his participation in a panel discussion, Nardelli elaborated on the importance of...

Payments giant PayPal Holdings Inc. (NASDAQ:PYPL) unveiled its plan to extend cryptocurrency services to U.S. business account holders, with the exception of New York State. What Happened: As per a press release issued on Tuesday, the latest move would enable U.S. merchants to buy, sell, and...

Online Latin America commerce and payments company Mercado Libre (NASDAQ:MELI) reported second-quarter financial results after market close Thursday. Here are the highlights. What Happened: Mercado Libre reported net revenue of $5.07 billion in the second quarter, up 42% year-over-year. The revenue...

The Benzinga Fintech Deal Day & Awards 2024 Nov. 19 in New York City will bring together fintech innovators, investors and industry leaders. This event will showcase advancements in fintech, celebrate achievements and foster valuable networking opportunities. In anticipation of this event, here...

On Nov. 19, New York City will host Benzinga's Fintech Deal Day & Awards, drawing top names in financial technology for a day of networking, discussions, and recognition. With the July 31 deadline for fee-free nominations fast approaching, companies across the industry are preparing to showcase...

Benzinga is pleased to host its 10th annual Fintech Deal Day & Awards on Nov. 19 in New York City. This event will bring together the top minds in fintech for a day of recognition, networking and industry discussions. This award ceremony will celebrate exceptional achievements in over 25...

Navan, a $9.2 billion fintech company, has appointed a former New York Stock Exchange executive as its new chief financial officer. What Happened: Amy Butte, who served as NYSE’s CFO from 2004 to 2006, will join Navan in June, CNBC reported on Monday. Butte was previously appointed as Audit...

In a surprising turn of events, venture capital firm General Catalyst, an early investor of companies like Snap Inc., Stripe and Mistral, is on the brink of raising nearly $6 billion for tech start-up investments, despite the current fundraising drought in the sector. What Happened: General...

In a recent report, global wealth manager UBS identified the sectors likely to drive the next wave of technological innovation and the stocks that stand to benefit. What Happened: UBS has pinpointed artificial intelligence (AI), cybersecurity, health tech, Greentech, and fintech as the sectors that...

OpenAI-backed Klarna, a Swedish buy-now-pay-later (BNPL) company, reported resounding success since its global launch a month ago. What Happened: Klarna’s AI assistant has had over 2.3 million conversations, accounting for two-thirds of the company’s customer service chats in its first...