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Fintech

All articles tagged with #fintech

Swift Advances to MVP for Interbank Blockchain Ledger
technology11 days ago

Swift Advances to MVP for Interbank Blockchain Ledger

Swift has completed the design phase of its blockchain-based shared ledger and is moving to a 24/7 MVP to enable interoperable, tokenised-deposits-enabled cross-border payments; the open-source, EVM-compatible stack (Hyperledger Besu) will be live for real-world transactions later this year, with banks running their own environments and Swift orchestrating interbank workflows while leveraging existing RTGS and settlement mechanisms to improve liquidity visibility and reduce reconciliation across more than 11,500 institutions in 200+ countries and 40,000+ payment routes.

via Society for Worldwide Interbank Financial Telecommunication|
#blockchain#cross-border-payments#fintech
MrBeast Bets on Teen Finance With Step Acquisition
business1 month ago

MrBeast Bets on Teen Finance With Step Acquisition

Beast Industries has acquired Step, a fintech app for teenagers and young adults that offers spending, savings, and investment accounts plus a secured card to help build credit. The venture aims to expand into broader financial services, possibly including crypto and a stablecoin, while prioritizing financial education and philanthropy for Gen Z. The deal leverages MrBeast’s massive reach but raises questions about crypto exposure for minors and regulatory risk in youth-focused banking.

via The New York Times|
#beast-industries#business#crypto
MrBeast dives into teen finance with Step acquisition
business1 month ago

MrBeast dives into teen finance with Step acquisition

Beast Industries is reportedly acquiring The Step, a fintech app for teens and young adults, adding debit cards and parent-controlled savings and investment accounts to teach financial literacy, with a reported $200 million investment from Bitmine Immersion Technology. The move signals a major foray into youth finance, including plans to launch a stablecoin and a Robinhood-like app for kids amid scrutiny of crypto investments and MrBeast’s broader business practices. The piece presents a critical view of the venture’s potential risks and ethical considerations given past controversies surrounding the influencer-backed ventures.

via AV Club|
#beast-industries#business#crypto
Stripe hits a $159B valuation after private-share sale, delaying IPO
business1 month ago

Stripe hits a $159B valuation after private-share sale, delaying IPO

Stripe’s latest employee-share sale lifts its private-market valuation to $159 billion, letting it stay private longer while focusing on AI and stablecoins rather than a public listing. Investors including Thrive Capital, Coatue and Andreessen Horowitz bought stock, with Stripe also purchasing shares itself. The company processed $1.9 trillion in payments in 2025, up 34% year over year, and reported profitability for a second straight year as it expands globally and leans into AI-enabled, consumer-friendly payments.

via Financial Times|
#business#european-companies#fintech
PayPal takeover chatter sparks stock rally
business1 month ago

PayPal takeover chatter sparks stock rally

PayPal (PYPL) jumped about 5.7% to around $44 after reports of unsolicited takeover interest from at least one rival, with volume surging well above its three‑month average. The move came as major indices fell, and PayPal trades far below its all‑time high, making a potential bid seem more attractive to buyers while investors caution that takeover chatter isn’t a reason to aggressively own the stock.

via The Motley Fool|
#business#fintech#paypal
PayPal Stock Surges as Takeover Talk Draws Private-Equity and Strategic Bid Interest
tech-stocks1 month ago

PayPal Stock Surges as Takeover Talk Draws Private-Equity and Strategic Bid Interest

PayPal stock jumped after Bloomberg reported unsolicited takeover interest, with analysts saying the company may be undervalued at about seven times next year’s earnings and could attract private‑equity or strategic buyers; there’s even chatter about spinning out Venmo, and potential bidders could include large tech or financial players (e.g., for Venmo) as the fintech landscape shifts.

via MarketWatch|
#fintech#paypal#private-equity
PayPal Sparks Takeover Talk After Shares Slump
business1 month ago

PayPal Sparks Takeover Talk After Shares Slump

PayPal is drawing preliminary takeover interest from potential buyers after a slide in its shares, with Bloomberg noting some suitors are exploring the whole company while others are eyeing specific assets. A deal is not guaranteed. The company—worth over $38 billion—has seen leadership changes and warned of slower growth amid competition from Big Tech and weaker retail spending, with its stock up about 7% on the Bloomberg report.

via Reuters|
#business#fintech#manda
Lies, Leverage, and a looming finale in Industry’s Episode 7
entertainment1 month ago

Lies, Leverage, and a looming finale in Industry’s Episode 7

In Industry's penultimate episode, truth is a toxic asset as Whitney and Henry push a hostile Pierpoint takeover to salvage Tender, while Yasmin and Harper weaponize media and politics. Whitney is momentarily sidelined by a kidnapping-style pressure sequence, yet his performance at the Pierpoint meeting barely holds, only for Pierpoint to flip toward Temasek, collapsing Tender’s leverage and leaving Henry’s world in flux as Harper and Yasmin lean into a fraught, revelatory bond ahead of the finale.

via The Ringer|
#entertainment#fintech#industry