Fintech Archives - Spark Newswire

2 minute read

PayPal’s Fastlane: A $250M Game-Changer In E-commerce Checkout

June 20, 10:00 AM

PayPal seeks to challenge Amazon and Shopify with Fastlane checkout. Analyst predicts $100-250M revenue boost by FY26 and competitive edge over Apple Pay and Google Pay.

AAPL

2 minute read

WonderFi Transforms Market With Launch Of Institutional Crypto Service Coinsquare Alpha

By Renato Capelj

June 15, 12:13 PM

WonderFi delivered on its promise to attract institutional investors this week by launching Coinsquare Alpha.

TSX:WNDR

1 minute read

Alibaba’s Fintech Affiliate Ant Group Boosts Global AI Efforts with Multi-Billion Dollar Investment

By Anusuya Lahiri

June 13, 9:28 AM

Ant Group's 2023 research spending of $2.9B for AI development. Models powering Alipay's assistants and expanding globally. BABA stock faces challenges.

AIQ

2 minute read

Fintech Sector Bottoms Out As Valuations Drop From 2020-21 Highs: Leaders Underscore Shift From ‘Crazy Ideas’ And Excessive Funding

By Benzinga Neuro

June 13, 7:16 AM

The financial technology sector, which experienced a significant drop in valuations, has now reached a “bottom,” according to industry leaders and investors.

BTC

2 minute read

EXCLUSIVE: Horizon Fintex and Diamond Lake Minerals Ink $3.75M Deal to Enhance Upstream Trading Liquidity

By Anusuya Lahiri

June 11, 9:30 AM

GlobexUS and Diamond Lake have entered a $3.75M share exchange partnership to increase liquidity on the Upstream exchange and expand issuer opportunities.

DLMI

2 minute read

PayPal Gains Momentum: CEO’s Optimism, Technical Indicators Signal Bullish Trend

By Surbhi Jain

June 7, 3:17 PM

PYPL stock rises 5.49% on optimistic outlook from CEO Alex Chriss at the Bank of America's Global Tech Conference, analysts foresee profitable growth.

PYPL

2 minute read

Customers Bank Ends Services For Some Crypto Hedge Funds

By Khyathi Dalal

June 7, 1:49 PM

Customers Bank, popular for its crypto-friendly services, has stopped offering banking services to some hedge-fund clients, causing uproar in the industry.

CUBI