Fintech

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...

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...