☕ Unicorn Hunting: Who's Leading the Charge?

Fintech.Coffee

Sent on 03 April 2024 06:00 AM

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Fintech Coffee
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Fintech News at a Glance
Cheers, and welcome to Wednesday! Stringent yet sassy FinTech growth continues to tickle our investment fancies as stocks see promising hikes across the board. TSE:8789 shot up 11% waving away a bit of their 3-year gain dust, Nubank sets sights on Mexican expansion, while Arcus, Adyen, PayPal and StoneCo are all jostling for investor attention. Unicorn hunting anyone? The narrative here is laced with whispers of "not too shabby" growth despite the global hiccups.
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Top Stories Analysed
FinTech Global (TSE:8789) hikes 11% this week, taking three-year gains to 57%
Fintech Global Incorporated's share price has increased by a whopping 57% over the past three years, outstripping the market return of 32%. They also turned profitable within this period. However, the 5-year shareholder return was a loss of 4%, which might put a little damper on the enthusiasm. (Bullish)
Read more at Simply Wall
The Q2 Fintech Forecast: 3 Stocks Poised for Breakout Performance
The luxury hotel and casino, The M resort located in Henderson, Nevada offers numerous amenities and opportunities for leisure. For those who fancy a flutter, the casino features a wide array of slot machines, table games, and a sportsbook. (Neutral)
Read more at Investor Place
Tech Talk: Israeli startups shine at MPE fintech conference
Three Israeli startups attracted attention at the annual MPE conference in Berlin. They are Alsomine, Crymbo, and Ballerine, which all offer various intriguing tech solutions. Another Israeli company, Rapyd, brought home the award for the best cross-border merchant solution. (Bullish)
Read more at The Jerusalem Post
Fighting cash: Nubank seeks partners in Mexico
Fintech giant Nubank has launched virtual accounts in Mexico, aiming to craft a bigger clientele. They've even forged a partnership with Mastercard's Arcus, to enable cash deposits at 700 Soriana outlets, increasing its potential market share significantly. (Bullish)
Read more at Fintech Nexus
Adyen & Adobe Commerce Partner to Boost Merchant Payments
In a power move, Adyen partners with Adobe Commerce to boost its payments and fintech arsenal, offering merchants access to Adyens unified commerce solution for a more complete customer view. This tie-up could be beneficial for businesses. (Bullish)
Read more at Fintech Magazine
PSCU/Co-op Solutions Launches Program to Facilitate Credit Union-FinTech Collaboration
PSCU/Co-op Solutions has punched above its weight with a new program aimed at bridging the gap between credit unions and FinTech companies to build innovative solutions. This partnership could substantially benefit participating companies. (Bullish)
Read more at PYMNTS
4 Top Fintech Stocks to Buy Now
With fintech growing rapidly, the top stocks worth considering include Square, PayPal, SoFi, and Lemonade. These companies are stirring things up in their respective areas and could potentially yield significant returns for investors. (Bullish)
Read more at The Motley Fool
Fintech in Brief: Focus on Big Tech and Data-Intensive Financial Services: Regulators Signal Shifting Priorities
In the world of Big Tech and high-data financial services, regulators are switching their focus. The interplay between the two domains could indicate drastic changes in the fintech industry. The outcome? Time will tell. (Neutral)
Read more at WSGR
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