Fintech

PayPal Holdings, Inc. (NASDAQ:PYPL) shares, consolidating under $100 since April 2022, gained volume momentum in mid-January, sparking discussions on social media platforms and chatrooms, fueling speculation about its emergence as a new meme stock. Stock Trajectory: PayPal’s stock,...

CEOs of major banks, including JPMorgan Chase & Co. (NYSE:JPM) and Barclays PLC (NYSE:BCS), reportedly held a private meeting in Davos on Wednesday to discuss the challenges posed by fintech firms and stringent regulations. What Happened: The CEOs, who were in Davos for the World Economic Forum...

Katie Perry will close up her latest career episode on a high note. What Happened: On behalf of the retail broker Public, Perry received Benzinga’s award for Best Social Investing Platform. Now she’s going to be focusing on consulting through the Ursa Major Media brand. Perry will...

Major technology companies, including Apple Inc. (NASDAQ:AAPL), Alphabet Inc. (NASDAQ:GOOGL) (NASDAQ:GOOG) and PayPal Holdings Inc. (NASDAQ:PYPL), will undergo regular federal examinations concerning their payment systems, marking a significant shift in regulatory oversight. According to a ...

On Monday, Cathie Wood-led Ark Invest made a series of trades, with a significant purchase of shares in Block Inc (NYSE:SQ) standing out. The Block Trade Ark Invest's acquisition of 18,574 shares of Block underscores Wood's confidence in the company led by Jack Dorsey. The trade, valued at $811,...

The stock market witnessed a subdued performance on Wednesday, with the Nasdaq marking its third consecutive session of losses. The Dow Jones wrapped up the day with a gain of approximately 57 points, settling at 34,500.73. Meanwhile, the S&P 500 and the Nasdaq Composite dropped by 0.32% and 0....

Even with startup funding hard to come by, those who are lucky enough to secure cash generally do so early in their lifespan. But that's not always the case.  Dougs, a well-known French accounting startup, launched in 2015. Even with roughly $16.4 million in annual recurring revenue and 14,000...

On Thursday, Cathie Wood-led Ark Invest made a significant purchase of SoFi Technologies Inc (NASDAQ:SOFI) shares, amidst a volatile market environment for the company. This move comes in the wake of Morgan Stanley’s recent downgrade of SoFi, citing overly optimistic expectations for the...

Shares of Longfin Corp (NASDAQ: LFIN) skyrocketed higher by more than 400 percent on Monday to trade above the $100 level after trading at just $5 per share on Thursday. What You Need To Know Longfin is a fintech company that uses artificial intelligence and machine learning technology to provide...

U.S. stocks have surged in the past week on hopes that Congressional Republicans will soon pass their tax reform plan and lower the corporate rate from 35 percent to at or near 20 percent. While many American companies stand to benefit from a lower tax rate, one analyst said a handful of fintech...

LendingClub Corp (NYSE: LC) reported third quarter results after Tuesday's market close. Revenue of $154 million fell slightly short of the $156.7 million Wall Street expected and EBITDA of $21.0 million was in-line with expectations. Investors found fault with the company's...

The company that wants to get your friends into investing is growing fast. Stash Invest, a fintech startup that allows users to invest small amounts in exchange-traded funds, announced October 19 that it was expanding its capabilities to include checking and savings accounts. On October 30, Stash...

Catherine Clay faces the challenge of keeping a company that’s nearly a half century old innovative and relevant in the ever-changing world of financial services. That’s no small task, and at the 2017 Benzinga Fintech Summit in San Francisco, Clay, CBOE Global Markets Inc (NASDAQ: CBOE...

Qudian Inc - ADR (NYSE: QD)'s initial public offering Wednesday was mostly positive as the stock opened at $34.35 after pricing shares at $24. By Thursday morning, the stock was trading below the $30 level, but some among Wall Street aren't concerned. Bernstein's Linda Sun-Mattison initiated...