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AlloyX Joins Circle Alliance Program to Advance Global Stablecoin Infrastructure and RWA Tokenization
Globenewswire· 2025-09-03 22:09
HONG KONG, Sept. 03, 2025 (GLOBE NEWSWIRE) -- via IBN -- AlloyX Limited, a wholly-owned subsidiary of Solowin Holdings (NASDAQ: SWIN) (“Solowin” or the “Company”), and an Asia-based fintech company that bridges traditional banking with blockchain innovation, has officially joined the Circle Alliance Program. This move strengthens its integration within Circle’s USDC ecosystem and accelerates its mission to deliver compliant, programmable, interoperable, and scalable stablecoin infrastructure on a global sca ...
AlloyX Merges with Solowin Holdings at $350 Million Valuation
Newsfilter· 2025-09-03 20:07
HONG KONG, Sept. 03, 2025 (GLOBE NEWSWIRE) -- AlloyX Group ("AlloyX"), a Hong Kong-based fintech company focused on cross-border payments and institutional-grade asset tokenization through stablecoin infrastructure, today announced it has reached a definitive merger agreement with Nasdaq-listed Solowin Holdings (NASDAQ: SWIN, "Solowin"). This merger will fully leverage the strengths of both parties in traditional finance and the Web3 ecosystem, jointly building a new financial ecosystem centered on stableco ...
Walmart-backed fintech OnePay is adding wireless plans to its everything app
CNBC· 2025-09-03 19:30
Walmart-backed OnePay offers credit and debit cards, high-yield savings accounts, buy now, pay later loans and a digital wallet with peer-to-peer payments.OnePay, the fintech firm majority owned by Walmart, is launching its own branded wireless plan as it seeks to become a one-stop shop for its users, CNBC has learned.OnePay Wireless will be available starting Wednesday in the OnePay app, according to Gigs, the mobile services startup that partnered with the company.The plan costs $35 a month for unlimited ...
Why Circle Internet (CRCL) Stock Fell 28.1% Last Month
The Motley Fool· 2025-09-03 09:11
Circle's stablecoin business is booming, but many investors ran for the exits in August anyway. Here's what spooked them.Shares of Circle Internet Group (CRCL -8.71%) took a 28.1% hit in August 2025, according to data from S&P Global Market Intelligence. The group behind the USDC (USDC 0.00%) stablecoin posted its first earnings report as a public company in the middle of the month, and it wasn't strong enough to support Circle's early price jump.Circle's earnings landed with a thudFrom the initial public o ...
Tenet Updates Investor Presentation
Newsfile· 2025-09-03 07:43
Toronto, Ontario--(Newsfile Corp. - September 2, 2025) - Tenet Fintech Group Inc. (CSE: PKK) (OTC Pink: PKKFF) ("Tenet" or the "Company"), an innovative analytics service provider, owner and operator of the Cubeler® business development platform, today announced that it has updated its investor presentation (the "Investor Presentation") at the request of OSC staff in connection with an OSC staff review. The Investor Presentation was revised to remove forward-looking information regarding forecasted revenue ...
SoFi Technologies: The Fintech Revolution Leader I'm Not Selling Yet
Seeking Alpha· 2025-09-03 05:34
Now you can get access to the latest and highest-quality analysis of recent Wall Street buying and selling ideas with just one subscription to Beyond the Wall Investing ! There is a free trial and a special discount of 10% for you. Join us today!If you read my articles on Seeking Alpha regularly, you probably know that I've always been bullish on SoFi Technologies, Inc. (NASDAQ: SOFI ) stock, with my very first call datingDaniel Sereda is chief investment analyst at a family office whose investments span co ...
Katapult to Participate in H.C. Wainwright 27th Annual Global Investment Conference
Globenewswire· 2025-09-03 04:02
PLANO, Texas, Sept. 02, 2025 (GLOBE NEWSWIRE) -- Katapult Holdings, Inc. (“Katapult” or the “Company”) (NASDAQ: KPLT), an e-commerce focused financial technology company, announced that Orlando Zayas, CEO, and Nancy Walsh, CFO, will participate in the H.C. Wainwright 27th Annual Global Investment Conference, which is being held September 8 to 10, 2025. Orlando Zayas will deliver a presentation that will discuss an overview of the Katapult business. The presentation will be available via on-demand webcast be ...
Klarna is reassigning engineers and marketers to customer support after its AI bet went too far
Business Insider· 2025-09-02 23:30
Klarna employees, including engineers and people in marketing, are being told their jobs are no longer needed and reassigned to customer support, after its CEO acknowledged that earlier AI-driven cost-cutting went too far. Founded in 2005, the buy-now, pay-later firm plans to IPO soon, seeking to raise up to $1.27 billion, according to an SEC filing on Tuesday. As Klarna prepares to go public, the firm has recently been informing staff that their roles are no longer required, redirecting them into customer ...
Klarna revives IPO plans, aims to raise $1.27B
TechCrunch· 2025-09-02 22:30
Swedish buy-now, pay-later (BNPL) startup Klarna and its shareholders are reviving its initial public offering, hoping to raise as much as $1.27 billion in a listing that would value the company at up to $14 billion.The company and some of its shareholders are together selling approximately 34.3 million shares between $35 and $37 each, the company said in an update to its registration statement on Tuesday. Klarna would receive proceeds from about 5.6 million shares, while its shareholders are offloading nea ...
Sell AFRM Stock At $85?
Forbes· 2025-09-02 22:00
INDIA - 2025/08/30: In this photo illustration, an Affirm logo is seen displayed on a smartphone and in the background. (Photo Illustration by Avishek Das/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty Images After a strong 40% year-to-date surge, including a recent boost from a positive earnings report, investors might be wondering if Affirm Holdings stock (NASDAQ: AFRM), a financial technology company that offers services, such as buy now, pay later, and point-of-sale payment s ...