fintech
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SoFi Shares Skyrocket After Approval Of Bank Charter License
SoFi Technologies was granted a bank charter license by the Federal Reserve and the Office of the Comptroller of the Currency. SoFi Technologies was granted a bank charter license by the Federal Reserve and the Office of the Comptroller of the Currency. -
Stripe In $95 Billion Valuation, Beneficiary Of Online Shopping Boom
COVID helped fintechs as people relied on online payments and e-commerce in lockdowns. COVID helped fintechs as people relied on online payments and e-commerce in lockdowns. -
PayPal To Close Domestic Payments Business In India
The company said it had reassigned some employees to new teams. The company said it had reassigned some employees to new teams. -
Visa, Plaid Cancel $5.3 Billion Merger
Visa, Plaid deal scrapped because of U.S. objections it would create a payment transactions monopoly. Visa, Plaid deal scrapped because of U.S. objections it would create a payment transactions monopoly. -
Walmart, Robinhood Investor Starting Fintech Company
Walmart currently offers limited financial services to customers through Walmart MoneyCard prepaid debit card. Walmart currently offers limited financial services to customers through Walmart MoneyCard prepaid debit card. -
After Ant's IPO Suspension, JD.com Prioritizes Health IPO
JD Health International Inc.is green lighted for an initial public offering in Hong Kong. JD Health International Inc.is green lighted for an initial public offering in Hong Kong. -
U.S. State Department Backs Proposal To Add Ant Group To Trade Blacklist
Ant Group is set to list its shares in Hong Kong and Shanghai later in the year in a deal estimated to be worth $35 billion. Ant Group is set to list its shares in Hong Kong and Shanghai later in the year in a deal estimated to be worth $35 billion. -
Fintech Company Airwallex Secures $200 Million In Fresh Capital
Airwallex will spent the proceeds on an expansion into the U.S. where it will compete with companies like digital payments company Stripe. Airwallex will spent the proceeds on an expansion into the U.S. where it will compete with companies like digital payments company Stripe. -
Fintechs Face A Chill In Coronavirus-Beset Market
Investors and entrepreneurs say that while the COVID-19 pandemic has boosted demand for fintechs in areas such as digital payments and online trading, it has hurt more vulnerable sectors such as online lending. Investors and entrepreneurs say that while the COVID-19 pandemic has boosted demand for fintechs in areas such as digital payments and online trading, it has hurt more vulnerable sectors such as online lending. -
Hong Kong Rolls Out $15.5 Million Wage Subsidy For Fintech Employment
The city's FinTech Anti-epidemic Scheme for Talent Development (FAST) program aims to have at least have 1,000 financial tech professionals employed by Hong Kong-based firms within the next 12 months. The city's FinTech Anti-epidemic Scheme for Talent Development (FAST) program aims to have at least have 1,000 financial tech professionals employed by Hong Kong-based firms within the next 12 months.