Ark Invest CEO Cathie Wood has recently displayed a strong interest in SoFi Technologies (NASDAQ: SOFI), a prominent fintech company classified as a neobank. Operating exclusively online, SoFi provides a
Revival in consumer trading Investors are increasingly optimistic about a resurgence in consumer trading of stocks and digital currencies, which has led to higher valuations for several fintech startups. This
Crypto Eri, a well-known figure in the XRP community, recently provided some insights into the expected timeline for Ripple’s highly anticipated initial public offering (IPO). In a tweet, Eri shared
The Office of the Comptroller of the Currency (OCC) has been the subject of controversies after appointing Prashant Bhardwaj as the head of its newly established Office of Financial Technology.
Major funding rounds in fintech Last week’s fintech news saw three massive funding rounds, totaling $650 million, for companies in Brazil, the Middle East, and the United States. These investments
Previously regarded as a supplementary venture for disinterested finance professionals after the Global Financial Crisis, the UK’s fintech sector now possesses the capacity to compete with the nation’s well-established banks.
Major advancement for Brazil’s fintech industry In a significant milestone for Brazil’s fintech sector, QI Tech has successfully raised $200 million in a Series B funding round, marking the largest
SoFi Technologies experiences growth and members surge SoFi Technologies witnessed an increase in share value on Monday after the fintech firm updated its full-year guidance, following a quarter with a
Fintech startup Statement has recently secured $12 million in a Seed funding round, which will be directed towards the growth of its multinational banking and global liquidity management platform. The