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Shares of fintech Chime soar in market debut
Chime opened on Nasdaq at $43 a share on Thursday, 59 per cent above its $27 IPO price, to give the group a fully diluted market capitalisation of about $17bn. The shares edged down to $40 in early-afternoon trade. About 32mn shares were sold, raising $864mn for the company.
Investment firm Carlyle Group has partnered with U.S. banking giant Citigroup to provide asset-backed financing to fintech ...
With nonbank financial intermediaries holding 49% of global financial assets, fintechs have the power to become the force for ...
Fintech valuations plummeted in the first quarter of this year as fears mounted over the impact of Trump’s tariffs. The median valuation of companies before they received external investment fell 41 ...
Dmytro Rukin, founder and CEO of LaFinteca, shares his three key insights for those just starting out in fintech ...
As this infrastructure becomes the default way to build in fintech, what success looks like for operators and those backing ...
Fintech lenders have accelerated their swing to profitability after interest rates spiked. The UK’s neobanks pocketed record revenues in the last 12 months. Revolut’s takings grew 72 per cent topping ...
Mercurity Fintech Holding Inc. (Nasdaq: MFH), a digital finance company focused on blockchain-based financial infrastructure, ...
Doha: Qatar s fintech and e commerce sectors are experiencing unprecedented growth as the nation accelerates its transition to a digital economy, in ...
The Punch on MSN8h
Kano fintech initiative targets 5,000 women, youthsPalmPay, a FinTech company in Nigeria, has said it is set to empower no fewer than 5,000 women and youths in Kano on financial literacy as part of its corporate social responsibility.The Managing ...
Crypto ETFs are only a part of this landscape—but it's one that matters. By making cryptocurrency investing easier, safer and ...
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