Fintech News

Kaspi.kz Secures Approval for Rabobank Acquisition — EM Fintech Giant Eyes European Banking Expansion

Kaspi.kz cleared regulatory hurdles for its Rabobank acquisition, marking a landmark moment for emerging market fintech companies seeking European banking market entry and platform expansion.

Jun 25, 2026

Thailand BNPL Accounts Surge Tenfold as Central Bank Drafts Rules With Household Debt at 86.7% of GDP

Thailand BNPL accounts surged tenfold as the Bank of Thailand prepares regulatory rules to curb credit extension, with household debt already at 86.7% of GDP raising systemic concerns for Southeast Asia's financial system.

Jun 25, 2026

MercadoLibre (MELI) Shares Punished by Margin Compression and Loan Losses — Is This a Buy?

MercadoLibre (MELI) has been de-rated on falling e-commerce margins and rising fintech NPLs, but analysts argue the weakness reflects deliberate growth-stage reinvestment in logistics and credit expansion rather than structural deterioration.

Jun 22, 2026

Crypto

ReserveOne Crypto Treasury SPAC Collapses 90% as Bitcoin-Reserve Strategy Faces Funding Crisis

ReserveOne, which had agreed to combine with M3-Brigade Acquisition V Corp. to create a cryptocurrency treasury company, saw its stock plunge 90% as funding collapsed and the crypto-treasury business model came under severe investor scrutiny.

Jun 20, 2026

Nasdaq

INVESTOR AB Takes Nasdaq Inc. Stake in Signal of European Institutional Confidence in Exchange-Sector Equities

INVESTOR AB, one of Sweden's largest institutional investors affiliated with the Wallenberg family, made a strategic acquisition of Nasdaq Inc. shares, signaling confidence in the exchange operator's diversified financial technology and data business.

Jun 20, 2026

Ipo

Kalshi Eyes IPO at $2 Billion Revenue Run Rate as Prediction Markets Enter Mainstream Finance

Prediction market platform Kalshi is advancing toward a public offering after reporting surging revenue, signaling growing investor appetite for event-contract trading as a regulated mainstream financial product.

Jun 20, 2026

India

MobiKwik CFO Defends 60% Stock Crash, Bets on Lending Growth to Rebuild Confidence

MobiKwik CFO explains the 60% stock decline from its IPO price and says profitability has returned. The company is targeting ₹4,500-5,000 crore in loan disbursals this year as it pivots toward lending-led growth.

Jun 20, 2026

🇨🇦 Canada

FIFA World Cup 2026 Triggers Fraud Surge: ACI Worldwide Data Shows 3x Rise in Attempts

ACI Worldwide data shows fraud attempts surged more than threefold around past FIFA World Cup tournaments, with similar patterns already active for 2026

Jun 18, 2026

Open Lending (LPRO) Set for Acquisition by ANV Group Holdings in Fintech Consolidation Move

Open Lending (LPRO) agreed to be acquired by ANV Group Holdings, ending its run as a public company.

Jun 17, 2026

🇨🇳 China

Ant Group Overhauls Alipay in 20-Year First: Launches Ah Bao AI Agent to Challenge Big Tech for China Internet Gateway

Ant Group unveiled its biggest Alipay overhaul in 20 years transforming the payment app into a native AI platform with autonomous agents and Ah Bao AI assistant

Jun 17, 2026

Banks Race to Appoint Chief AI Officers as CAIO Role Enters the C-Suite

Banking sector formalizes AI governance with wave of Chief AI Officer appointments across global lenders in 2026

Jun 15, 2026

eToro Explores Acquisitions and Banking Licence in Push Beyond Trading Platform

eToro is exploring acquisitions and considering a banking licence as it pushes into traditional financial services

Jun 15, 2026

Assam Halts Adult Aadhaar Issuance, Creating KYC Compliance Gaps for Banks and Fintechs in Northeast India

Assam freezes Aadhaar card issuance for adults over 18, disrupting banking KYC pipelines in northeast India while exempting tea garden workers and Scheduled Tribes.

Jun 14, 2026

How Kalshi's Lopes Lara Built a Billion-Dollar Prediction Market From Celebrity Gossip to Wall Street

Kalshi co-founder Lopes Lara built a billion-dollar prediction market platform inspired by celebrity gossip and legal battles

Jun 14, 2026

Intuit Stock Decline May Offer Buying Opportunity as Fundamentals Remain Solid

Intuit's share price decline offers a potential buying opportunity as its TurboTax and QuickBooks fundamentals remain solid.

Jun 11, 2026

Robinhood (HOOD) Shares Surge in Early Trading on Positive Momentum

Robinhood (HOOD) shares surged in early trading as retail investor momentum and fintech sentiment improved.

Jun 11, 2026

Payoneer Surges 24% on $2.7 Billion Nuvei Acquisition Talks

Payoneer Global (PAYO) closed up 24.32% to $6.39 on June 9 amid reports of a $2.7B Nuvei acquisition bid

Jun 10, 2026

Payoneer PAYO Surges 24% on Reports of Acquisition Talks With Nuvei Payment Technology

Payoneer Global shares surged 24% on reports of acquisition discussions with Nuvei Corporation, signaling major consolidation interest in Payoneer's cross-border SMB payments platform.

Jun 10, 2026

Robinhood Enters Canada via $180M WonderFi Acquisition, Gaining Bitbuy and Coinsquare

Robinhood will enter the Canadian market after its $180 million WonderFi acquisition brought crypto exchanges Bitbuy and Coinsquare under its control.

Jun 2, 2026

OpenPayd to List on US Markets Via SPAC Merger with Titan Acquisition Corp (TACHU)

UK-based embedded banking and payments platform OpenPayd announced it will go public through a merger with Titan Acquisition Corp (TACHU), a special purpose acquisition vehicle.

Jun 2, 2026

UPI Hits Record Rs 29.9 Lakh Crore Monthly Value in May; April Volume Was 22.35 Billion Transactions

UPI reached a record Rs 29.9 lakh crore in monthly transaction value in May 2026, per NPCI data

Jun 1, 2026

UPI Transactions Hit All-Time High of Rs 29.90 Lakh Crore in May Driven by IPL and Summer Travel

UPI transactions reached a record high of Rs 29.90 lakh crore in May 2026, driven by IPL and summer travel spending

Jun 1, 2026

Kissht Extends Rally in Mixed Week for India's 57 New-Age Tech Stocks

Kissht rallies up to 18% in a mixed week for India's new-age tech basket: 26 of 57 stocks gained while 30 declined, signaling sector rotation rather than broad-based trend

May 31, 2026

SoFi Technologies Jumps 12% on Strong Consumer Data and Platform Updates

SoFi Technologies (SOFI) surged 12% on positive consumer spending data and platform updates, signaling reduced default risk in its personal loan portfolio.

May 30, 2026

QFIN Q1 2026 Earnings Miss Expectations as Revenue Declines Amid Consumer Finance Headwinds

360 DigiTech (QFIN) missed Q1 2026 earnings expectations with revenue declining, reflecting headwinds in China's consumer finance market

May 28, 2026

MobiKwik Surges 8% After RBI Grants In-Principle PA-P Licence for Offline Payment Aggregation; Returns to Q4 Profitability

MobiKwik shares surged 8% after the Reserve Bank of India granted the fintech company in-principle approval for a Payment Aggregator-Physical (PA-P) licence, enabling it to build an offline merchant payments network with stronger monetisation through MDR, subscription, and device

May 26, 2026

Robinhood Gains Regulatory Approval for C$250M WonderFi Acquisition to Enter Canadian Crypto Market

Robinhood Markets (HOOD) received regulatory approval for its C$250 million acquisition of WonderFi Technologies, marking a major expansion into the Canadian cryptocurrency market

May 26, 2026

SoFi (SOFI) Achieves Profitable Growth Milestone That Sets It Apart From Loss-Making Fintech Peers

SoFi Technologies (SOFI) has achieved the rare fintech milestone of delivering rapid revenue growth without sacrificing profitability

May 24, 2026