FinTech

Block plunges 20% as Cash App miss triggers downgrades

Block shares were on track for their second-worst day Friday, plunging more than 20% as investors digested a brutal quarterly…

5 hours ago

Block (XYZ) earnings Q1 2025

Block reported first-quarter results that missed Wall Street expectations on Thursday and issued a disappointing outlook. The stock tumbled 15%…

17 hours ago

Venmo gaining ground in payments as Cash App struggles

In the increasingly crowded market for peer-to-peer payments, Venmo is showing momentum while Cash App has hit a rough patch.…

19 hours ago

UK risks losing ground to rival fintech and crypto hubs, execs say

Workers cross a junction near the Bank of England (BOE) in the City of London, UK, on Tuesday, April 8,…

3 days ago

UK announces draft rules for crypto industry, US collaboration

Romain Costaseca | Afp | Getty ImagesLONDON — Britain on Tuesday published draft legislation for the cryptocurrency industry, touting greater…

3 days ago

SoFi CEO says fintech bank is bringing back crypto investing

Anthony Noto, CEO of SoFi.Adam Jeffery | CNBCSoFi CEO Anthony Noto said the fintech bank will bring back cryptocurrency investing…

3 days ago

PayPal (PYPL) Q1 earnings

CEO of PayPal Alex Chriss speaks during the Semafor 2025 World Economy Summit at Conrad Washington on April 24, 2025…

3 days ago

Fintech earnings focus concerns on tariffs, PayPal, Block, Affirm

FILE PHOTO: A smartphone with the PayPal logo is placed on a laptop in this illustration taken on July 14,…

4 days ago

Trump dinner for meme coin prompts senators to demand ethics probe

Jonathan Raa | Nurphoto | Getty ImagesWASHINGTON — Senators Adam Schiff and Elizabeth Warren are warning that President Donald Trump's…

7 days ago

SEC Chair Atkins says crypto innovation ‘been stifled’ at roundtable

Chairman of the Securities and Exchange Commission (SEC) Paul Atkins looks on during his swearing-in ceremony, at the White House…

1 week ago