Finance
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Hong Kong’s banks thrive with booming earnings from interest rates.
Hong Kong banks revel in a second year of soaring profits, with a 62.1% surge in 2023 amidst higher interest rates and increased demand. Challenges loom as HKMA plans rate cuts. #BankingSectorGrowth #HKMA #FinancialTrends
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PB Fintech soars with record profit, scales 52-week peak.
Discover @pb_fintech’s remarkable journey to profitability! PB Fintech, behind Policy Bazaar & Paisa Bazaar, impresses with a 15% stock surge after posting its first-ever quarterly profit. #Finance #Growth #SuccessStory
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YouLend snags £4bn securitisation deal with JP Morgan – FinTech Futures: Fintech news
YouLend partners with @jpmorgan in a landmark deal to infuse £4 billion into SME growth, enhancing access to revenue-based financing through major platforms like Amazon and eBay. #Fintech #SMEfinance #Innovation
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PB Fintech soars 15% above IPO: what’s next for stock?
PB Fintech’s (@Policybazaar) stock soars by 15%, hitting a 52-week high and eclipsing its IPO price after reporting a strong net profit of Rs 37.2 crore in Q3FY24.
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CLOWD9 joins forces with Ozone API to revolutionize banking.
Strategic synergy alert! @CLOWD9 and @OzoneAPI unite to forge a powerful open banking and payment processing ecosystem for financial institutions to excel. #Fintech #StrategicPartnership #OpenBanking #PaymentSolutions
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Lea Bank ASA: Get Your Swedish Banking License Now
Lea Bank ASA (@LeaBankASA) is expanding its horizons, seeking a banking license in Sweden to bolster its Nordic presence and eyeing a potential move to Nasdaq Stockholm. #Banking #Finance #NordicExpansion #LeaBankASA
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50 shades of green: UN’s Usher reveals financing challenge for companies going green
Eric Usher of @UNEP_FI underscores the “50 shades of green” challenge in finance, stressing the need for clear green investment definitions to catalyze funding. #SustainableInvesting #GreenFinance #WEF
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Central Banks Gobbled Up Gold in 2020, WGC Reports.
Amid economic uncertainties and geopolitical tensions, central banks’ 1,037 tons of gold purchases in 2023 signal a continued safe-haven asset trend. @WGC reports record demand could persist.
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Fintech boom: Uzbekistan’s rise in digital finance A short glimpse.
Explore how Uzbekistan’s booming fintech sector, captured in a new Mastercard report, is forging paths in digital transformation and economic growth, with a surge in digital payments and neobanking. @Mastercard
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Former X Chief Jack Dorsey’s Fintech Firm Axes 1k Staff: Full Scoop
Block, led by Jack Dorsey, slashes 10% of its workforce, impacting Cash App, Afterpay, and Square as it navigates revenue declines and stiff competition. @Block