Fintech

UK fintech Sprive raises £5.5m in funding to help millions repay their mortgage faster, saving a fortune in interest

London, UK, 30th April 2025Led by Ascension with participation from Channel4Ventures, Velocity Capital and TwoMagnolias, Sprive proves early-stage consumer fintech can still attract investment.Sprive, the UK’s only independent mortgage overpayment app, has successfully closed a £5.5 million funding round led by Ascension, with participation from Channel4Ventures, the broadcaster’s consumer...

Market Insider

META, QCOM, LLY, CVS and more

Check out the companies making headlines in midday trading: Meta Platforms — Shares of the Facebook parent jumped about 4% after the company beat earnings expectations . Meta signaled ongoing advertising resilience and upped its capital expenditures range to reflect more data center infrastructure investments, even amid macroeconomic uncertainty....

Earnings

How DuPont and Honeywell battled ahead of their splits

For years, an unsettling pattern has cast a cloud over Wall Street. Companies with spinoff plans often see their stocks lag in the runup to the completed deals. In investment circles, the phenomenon is known as spin purgatory. And, the CNBC Investing Club's 29-stock portfolio has not been immune...

Earnings

Amazon (AMZN) Q1 earnings report 2025

Amazon CEO Andy Jassy speaks during an Amazon Devices launch event in New York City, Feb. 26, 2025.Brendan McDermid | ReutersAmazon is slated to announce its first-quarter earnings after the market close on Thursday.Here's what analysts are looking for:Earnings per share: $1.36 expected, according to LSEGRevenue: $155.04 billion expected,...

Fintech

Abra Joins the Borderless.xyz Network, Deepening Stablecoin OTC Liquidity in the US

New York, New York, May 1st, 2025, FinanceWireBorderless.xyz, a global payments infrastructure company that enables transactions using stablecoins and real-world assets (RWAs), has officially welcomed Abra, a premier U.S. digital-asset prime broker, to fortify Borderless.xyz’s orchestration network with institutional-grade dollar liquidity. By plugging Abra’s high-touch OTC desk and compliant...

Earnings

Microsoft pops 9% after earnings beat, on pace for best day in 5 years

Satya Nadella, CEO of Microsoft, speaking on CNBC's "Squawk Box" outside the World Economic Forum in Davos, Switzerland, on Jan. 22, 2025.Gerry Miller | CNBCMicrosoft shares popped 9% Thursday after the software giant issued strong guidance, and robust cloud growth drove a top-and-bottom line beat in the third quarter.Shares...

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Gregg Greenberg spent 14 years as a journalist at TheStreet.com where he wrote the highly popular column "The 5 Dumbest Things on Wall Street This Week". His work has appeared in magazines ranging from Glamour to ESPN the Magazine, and on humor sites such as Points in Case.

Fintech Review

With years of experience dissecting and evaluating the evolving fintech landscape, Fintech Review has become a trusted name in providing insightful, comprehensive, and unbiased reviews of tech-related financial products and services. From the latest advancements in blockchain and cryptocurrencies to cutting-edge payment platforms, robo-advisors, and beyond, Fintech Review keeps a pulse on the innovations that are redefining the financial industry.

Retail sales report July 2023:

Consumer spending held up well in July as inflation slowed, with retail sales turning in a stronger-than-expected showing for the month, the Commerce Department reported Tuesday.The advanced retail sales report showed a seasonally adjusted increase of 0.7% for the month, better than the 0.4% Dow Jones estimate. Excluding autos,...

Stocks making biggest moves premarket: Nvidia, Discover, D.R. Horton

Check out the companies making headlines in premarket trading.Discover Financial Services — Shares slipped 6.5% after CEO Roger Hochschild resigned. The company said board member John Owen would assume the role of interim chief executive.Turnstone Biologics — Stock in the biotechnology company slipped 2.3% in premarket trading. Earlier Tuesday,...

SEC hits ESG funds with subpoenas

The enforcement division of the Securities and Exchange Commission has issued formal requests, including subpoenas, to a number of investment firms over their sustainable investment advertising practices. This escalation shows the SEC’s heightened scrutiny on environmental, social and governance funds. A significant point of concern for the SEC includes mainstream...

Finofo secures funding to challenge traditional forex with automated solution

Exchange rate volatility has long been a major headache for cross-border businesses. Historically, companies have sought protection by purchasing foreign exchange (FX) insurance or options, but most of these financial products operate like giant “black boxes”, Finofo‘s co-founder and CFO Charles Maranda told TechCrunch in an interview. Maranda’s company aims...

DC plan sponsors taking more responsibility for employees’ retirement income

Employers offering defined-contribution plans to their workers are broadening their focus on financial well-being, according to a poll from J.P. Morgan Asset Management. DC plan sponsors are especially keen to ensure that their employees are well-placed to enjoy adequate retirement income, with 9 out of 10 respondents saying they “strongly...

Russian ruble slumps to near 17-month low, briefly moves past 100 against dollar

This pool image distributed by Sputnik agency shows Russian President Vladimir Putin meeting with the Tver region governor at the Kremlin in Moscow on August 9, 2023.Mikhail Klimentyev | AFP | Getty ImagesThe Russian ruble briefly notched 100 to the U.S. dollar on Monday, nearing a 17-month low as President Vladimir...