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PayPal's Google Deal Fuels A Breakout
Seeking Alpha· 2025-09-18 12:40
During one of my previous exploratory research sessions, I came across an intriguing blog post from this large social media company that observed people were increasingly embracing shopping via chat. That was one of the earliest mentions ofUttam is a growth-oriented investment analyst whose equity research primarily focuses on the technology sector. Semiconductors, Artificial Intelligence and Cloud software are some of the key sectors that are regularly researched and published by him. His research also foc ...
XTM Closes Strategic Asset Sale to Pateno Payments
Businesswire· 2025-09-18 11:15
Share Transaction Strengthens Balance Sheet, Reduces Costs, and Accelerates Growth Path TORONTO--(BUSINESS WIRE)--XTM Inc. ("XTM†or the "Company†) (QB: XTMIF / CSE: PAID / FSE: 7XT), a fintech innovator in automated tip pooling, instant payouts, and Earned Wage Access ("EWA†) through its AnyDayâ"¢ platform, today announced the successful closing of its previously announced asset sale to Pateno Payments Inc. ("Pateno†), a subsidiary of Digital Commerce Group, for total consideration of USD $3,000,000. ...
Jack Ma-backed Yunfeng names ex-Ant Group executive as top Web3 architect
Yahoo Finance· 2025-09-18 09:30
Yunfeng Financial Group, a fintech company backed by Alibaba Group Holding founder Jack Ma, has hired a former senior executive at Ant Group, which signalled a sharpened commitment to Web3 businesses. Geoff Jiang Guofei - former president at Ant Digital Technology Business Group, responsible for leading the fintech giant's blockchain project - now serves as the "chairman of the Web3 Development Committee" at Hong Kong-listed Yunfeng, according to a fact sheet for investors published on the firm's website. ...
7款侵害用户权益行为的APP被通报
扬子晚报网· 2025-09-18 06:42
监管行动 - 江苏省通信管理局通报2025年第7批侵害用户权益的APP 共涉及7款未完成整改的应用 [1][3] - 监管依据包括《个人信息保护法》《网络安全法》《电信条例》等法律法规 重点整治违规收集使用个人信息问题 [3] - 整改截止日期为9月29日 逾期未整改将依法开展处置工作 [3] 违规应用详情 - 金融理财类APP违规突出:东海证券"东海通"(版本5.2.1)违规收集个人信息 小橙借款(版本1.2.0)同样存在违规收集问题 [4] - 实用工具类APP多重违规:伞送货主(版本1.3.2)同时存在违规收集、超范围收集、违规使用个人信息及频繁自启动四项问题 [4] - 技术类应用违规集中:南京满堂红"闪用花"(版本1.0.5.74495)违规收集和使用个人信息 南京韵力恒"蜜柚目历"(版本4.57)违规收集个人信息 [4] 违规行为类型 - 所有7款APP均存在违规收集个人信息行为 覆盖率达100% [4] - 两款APP存在频繁自启动和关联启动问题:晶算师企业版(版本4.8.2)和伞送货主(版本1.3.2) [4] - 违规使用个人信息问题出现在闪用花和伞送货主两款应用中 [4]
BNPL Fintech Affirm Expands Buy Now, Pay Later Reach with Key Partnerships and In-Store Solutions
Crowdfund Insider· 2025-09-17 21:41
BNPL Fintech Affirm Holdings, Inc. (NASDAQ: AFRM), the flexible payment solutions provider, has unveiled updates that broaden its “buy now, pay later” (BNPL) offerings across retail, home services, and wellness sectors.Announced this month, these developments seemingly underscore Affirm’s commitment to transparent, consumer-friendly financing amid a growing demand for flexible payments.By integrating with major platforms and enhancing mobile capabilities, Affirm is positioning itself to capture more of the ...
Google, PayPal partner to roll out AI-powered solutions across platforms
Reuters· 2025-09-17 20:17
Google and PayPal have entered a multi-year strategic partnership to bring new AI shopping and payment experiences to their users, the companies said on Wednesday. ...
Nu Holdings Successfully Converts Scale Into Profitable Growth
ZACKS· 2025-09-17 18:06
Key Takeaways Nu Holdings' Q2 revenues increased 29% to $3.7B, with net income rising 31% to $637M.The company reached 123M customers, with Brazil representing 60% of its adult population.Credit products drove 43% of gross profit, highlighting lending as a core profitability driver.Nu Holdings (NU) has reached a level of scale in Latin America that many fintechs can dream of. In the second quarter of 2025, the company counted 123 million customers across its footprint, with Brazil alone accounting for 60% ...
Revolut post record growth as fintech eyes $75 billion valuation and US expansion
Invezz· 2025-09-17 18:03
Revolut has posted a 46% jump in quarterly revenue as it prepares for a fresh fundraising round that could value the London-based fintech at $75 billion. The company's growth reflects its rapid expansion into new regions and its ambition to become one of the top three financial apps globally. Investor documents reveal that Revolut has ...
Chapter 11 bankrupt fintech firm floats deal to repay customers
Yahoo Finance· 2025-09-17 17:40
Linqto, a San Jose-based fintech startup that filed for Chapter 11 bankruptcy, has agreed to a deal to repay customers. Linqto pitched retail investors the chance to buy into coveted firms such as Ripple Labs and Elon Musk’s SpaceX ahead of IPOs. But court filings revealed that Linqto structured the investments through special purpose vehicles (SPVs) owned by the company itself, not by individual customers. That meant users never held the shares they thought they had purchased. Related: Linqto, platform ...
UPAY Announces Appointment of Richard K. Pellerin to Its Board of Directors
Globenewswire· 2025-09-17 17:24
DALLAS, Sept. 17, 2025 (GLOBE NEWSWIRE) -- UPAY Inc. (OTCQB: UPYY) (“UPAY” or the “Company”), a leader in financial technology solutions, is pleased to announce the appointment of Richard K. Pellerin as a Director of the Company, effective September 20, 2025. The appointment was unanimously approved by the Board of Directors through a written resolution dated September 10, 2025. Mr. Pellerin has over 25 years of entrepreneurial, governance, and industry leadership experience. He is the Founder and President ...