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News

Every day the Fintech Nexus News team writes original stories from around the world, and we archive them chronologically on this category landing page.

Fintech
·May. 8, 2024

Affirm hits it out of the park with their earnings

Affirm's earnings were fantastic. This continued the trend of publicly traded fintech companies breaking records for revenue and profitability.
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nubank-wide exterior
Fintech Nexus Newsletter
·May. 8, 2024

Fintech Nexus Newsletter (May 8, 2024): Nubank becomes first western digital bank to 100m customers

Nubank is a fintech phenomenon. The numbers speak for themselves. Today, the Brazilian digital bank announced that it has surpassed 100 million customers in the three countries it operates in: Brazil, Mexico, and Colombia. It is the first digital bank outside of Asia to hit that milestone.
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AI
·May. 8, 2024

AI Strategies for Fintech Firms: Data Scientist Sumedha Rai Explains How to Power Up

Fintech firms should be using AI and LLMs today. Here is some advice on how to get the most out of these new technologies.
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Fintech
·May. 7, 2024

MoneyLion reports on record-breaking quarter in Q1

MoneyLion reported earnings for Q1 2024 and the company showed record numbers across revenue, EBITDA and net income.
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Fintech Nexus Newsletter
·May. 7, 2024

Fintech Nexus Newsletter (May 7, 2024): FIS launches new embedded finance platform

It was almost a year ago when FIS acquired embedded finance startup Bond. CEO Roy Ng and much of the team stayed on at FIS. Today, we learned about the fruits of this integration. FIS has announced the launch of Atelio by FIS, its new embedded finance platform.
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LatAm
·May. 7, 2024

Brazil’s QI Tech achieves unicorn status with recent $50M series B extension

Brazilian fintech QI Tech disclosed a valuation above $1 billion following a $50 million Series B round extension.
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Guest Post
·May. 6, 2024

Six benefits of hiring neurodivergent talent for fintech companies and startups

As an advocate for diversity and a supporter of women in the tech industry, my article will delve into the advantages of incorporating neurodiverse individuals into the fintech workforce.
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Fintech Nexus Newsletter
·May. 6, 2024

Fintech Nexus Newsletter (May 6, 2024): The SEC sends a Wells Notice to Robinhood about crypto

The SEC is at it again. Over the weekend we learned that the SEC has sent a Wells Notice to Robinhood regarding its crypto activities.
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Opinion
·May. 6, 2024

Enough Already! Funding Circle Deserves to Keep Their 7(a) Lending License

Funding Circle was approved for a 7(a) license by the SBA but now there are some in Congress that want to take that away from them.
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Fintech Nexus Newsletter
·May. 3, 2024

Fintech Nexus Newsletter (May 3, 2024): Coinbase reports a blowout first quarter

As the price of bitcoin goes, so goes Coinbase. Bitcoin hit an all-time high in the first quarter, and Coinbase reported its best-ever results. The company made $1.18 billion in net income on total revenue of $1.64 billion. Those are impressive numbers, any way you look at them.
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