Latest Fintech News
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Revolut's US bank charter and its crypto banking impact
Revolut, a financial technology company known for offering crypto services, has taken a notable step by obtaining a US bank charter. The move brings its digital asset operations…

Nigeria's SEC Approves $1.6B Dangote Refinery IPO
Nigeria's Securities and Exchange Commission has approved an initial public offering worth approximately $1.6 billion by Dangote Refinery, according to an exclusive report. The …

US Sanctions Turkish Bank, Two Subsidiaries in Iran Pressure Campaign
The United States has imposed sanctions on a Turkish bank and two of its subsidiaries, the latest move in a widening campaign to increase economic pressure on Iran. The designat…

SoFi Trades 1.9% Above Fair Value, Says GF Value
According to GuruFocus's GF Value model, SoFi Technologies is currently priced about 1.9% above its estimated fair value. The interactive valuation metric combines historical mu…

ByteDance Lands $29.6B Loan for AI Expansion
ByteDance, the parent company of TikTok, has reportedly obtained a $29.6 billion loan to advance its artificial intelligence strategy. The financing, confirmed by sources famili…

European Stocks Eye Fed's Next Move
European equities are heading into a cautious session as investors shift their attention to the U.S. Federal Reserve and the possibility of another interest-rate increase in Sep…
Shares of Atlanticus, ICE, PayPal Surge on Rate Pause Hints
Shares of Atlanticus Holdings, Intercontinental Exchange, and PayPal moved higher in recent trading after a Federal Reserve official signaled that the central bank could keep in…

Incore Bank Launches Agentic AI Pilot for KYC Compliance
Incore Bank has launched a pilot with Kyndryl and Google Cloud to test agentic artificial intelligence in its know-your-customer process. The initiative is aimed at gaining expe…

SEC Moves to Scrap Pay-to-Play Restrictions for Advisers
The Securities and Exchange Commission has put forward a proposal to eliminate a long-standing regulation that restricts investment advisers from working with government clients…