Here’s what is actually very hot — and what is not — in fintech correct now

Here’s what is actually very hot — and what is not — in fintech correct now


Crucial Factors
  • At Dollars 20/20 in Amsterdam this week, organization-going through fintechs like Airwallex, Payoneer, and ClearBank had been all the rage, whilst client apps these kinds of as Revolut have been nowhere to be identified.
  • The region that drew the most buzz from Revenue 20/20 attendees was artificial intelligence, with fintech and banking leaders wanting to harness the technology’s opportunity while evaluating the hazards.
  • Quite a few fintech executives CNBC interviewed spoke of how they’re not intrigued in launching goods customized to crypto as the demand from their prospects is just not there.



Supply

Stocks making the biggest moves after hours: MongoDB, Okta, PVH and more
Finance

Stocks making the biggest moves after hours: MongoDB, Okta, PVH and more

Check out the companies making headlines in after-hours trading. MongoDB — Shares of the developer data platform company popped more than 21% after MongoDB topped Wall Street’s expectations. The company reported adjusted earnings of $1 per share on revenue of $591 million, beating earnings estimates of 66 cents per share on revenue of $556 million, […]

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How BlackRock and Goldman Sachs are bringing Wall Street’s hottest asset class to 401(k)s
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How BlackRock and Goldman Sachs are bringing Wall Street’s hottest asset class to 401(k)s

Wall Street’s largest firms are championing a new cause. They are bringing alternative assets — once reserved for the ultra-wealthy — to the portfolios of individual investors. Chief among the proponents are BlackRock and Goldman Sachs. But, as is usually the case in investing, the potential of greater returns comes at a risk. “The alternative […]

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Stocks making the biggest moves midday: EchoStar, Brown-Forman, Semtech, Oklo and more
Finance

Stocks making the biggest moves midday: EchoStar, Brown-Forman, Semtech, Oklo and more

Check out the companies making the biggest moves midday: Semtech — The semiconductor maker rallied 17% on better-than-expected second-quarter results and strong third-quarter revenue guidance. The company posted a Q2 profit of 41 cents per share, excluding certain items, on revenue of $27.6 million. Analysts expected earnings of 40 cents per share on revenue of […]

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