Today: 22 May 2026
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Fintech 16 April 2026 - 22 May 2026

Grab Stock Jumps as Fintech News Focuses Trader Attention on Indonesia

Grab Stock Jumps as Fintech News Focuses Trader Attention on Indonesia

Grab’s U.S.-listed shares rose 1.6% to $3.56 after the company moved to consolidate Indonesia’s Superbank, raising its stake above 50%. The consolidation will fold Superbank’s results into Grab’s financial-services segment from May 2026. Superbank has over six million customers and assets of 24 trillion rupiah as of April. Grab’s market value stood near $14.1 billion on Thursday.
22 May 2026
SoFi Stock Treads Water as Traders Keep an Eye on Next Move

SoFi Stock Treads Water as Traders Keep an Eye on Next Move

SoFi Technologies shares fell 0.2% to $15.66 in early trading Thursday, underperforming tech peers as investors weighed strong first-quarter results against concerns over rates and credit risk. The company reported record loan originations of $12.2 billion and net income of $166.7 million, but kept its 2026 profit outlook unchanged after April’s earnings, disappointing some analysts.
Kraken’s Dubai Approval Gives It a Regulated Shot at UAE Crypto Traders

Kraken’s Dubai Approval Gives It a Regulated Shot at UAE Crypto Traders

Kraken parent Payward has received preliminary approval from Dubai’s Virtual Assets Regulatory Authority for a broker-dealer and investment licence, moving closer to a UAE launch. The approval allows Kraken to offer dirham funding, spot and margin trading, and institutional services, pending final regulatory clearance. Dubai’s VARA already licenses Binance, OKX, and Crypto.com. Kraken’s Dubai unit will operate under local supervision.
21 May 2026
Nu Holdings shares rise as Nubank faces key credit test

Nu Holdings shares rise as Nubank faces key credit test

Nu Holdings shares rose 2.3% to $12.58 in New York on Wednesday, recouping losses after last week’s earnings. Nubank reported first-quarter revenue above $5 billion and net income of $871 million, but credit loss allowances jumped 33% to $1.79 billion. Early-stage non-performing loans reached 5.0%. The company’s customer base topped 135 million by March.
20 May 2026
Nu Holdings Stock Slides Before Nubank Earnings. The Q1 Bar Is High

Nu Holdings Stock Slides Before Nubank Earnings. The Q1 Bar Is High

Nu Holdings shares fell 3.3% to $12.84 in New York on Wednesday ahead of its first-quarter results, due after the market closes May 14. Analysts expect earnings per share of $0.20 and revenue of $5.06 billion. The company ended 2025 with 131 million customers and record profit, but investors remain cautious over credit quality and funding costs. A conference call is scheduled for 6 p.m. ET Thursday.
SoFi Bought a Key IPO Access Tool. The Stock Is Still Telling a More Cautious Story

SoFi Bought a Key IPO Access Tool. The Stock Is Still Telling a More Cautious Story

SoFi acquired PrimaryBid’s technology to expand IPO access for retail investors, confirmed by both companies. SoFi shares fell 2.9% to $15.44 after Truist cut its price target, citing concerns over loan and technology platforms. The acquisition follows a drop in technology-platform accounts and comes as SoFi reported strong first-quarter revenue and member growth. Terms of the deal were not disclosed.
USBC Stock Spikes as a Thin Float Turns a Tokenized-Deposit Bet Into a Momentum Trade

USBC Stock Spikes as a Thin Float Turns a Tokenized-Deposit Bet Into a Momentum Trade

USBC shares surged nearly 59% to $0.81 Tuesday, hitting $0.8824 intraday on over 71 million shares traded, despite no new company news. The move came as Bitcoin and crypto stocks fell, making USBC an outlier. Volume was almost six times the float, with short interest low. Traders cited the firm’s tokenized deposit plans and Bitcoin treasury strategy.
SoFi Stock Slips as Truist Puts the Lending-Platform Question Back in Front of Investors

SoFi Stock Slips as Truist Puts the Lending-Platform Question Back in Front of Investors

SoFi Technologies traded near $15.75 midday Tuesday, down 51 cents, after Truist cut its price target to $17 and maintained a Hold rating. The move followed record Q1 results but reflected investor doubts about the strength of SoFi’s technology and loan-platform businesses. SoFi’s recent PrimaryBid acquisition did not offset the pressure. Other fintech stocks, including Upstart and Robinhood, also fell.
SoFi Technologies Reported PrimaryBid Deal Could Put SOFI Stock Back in the IPO Race

SoFi Technologies Reported PrimaryBid Deal Could Put SOFI Stock Back in the IPO Race

SoFi Technologies has agreed to acquire most of British fintech PrimaryBid, Sky News reported Monday, sending SoFi shares up 1.7% to $16.02 in midday New York trading. The deal would expand SoFi’s push into IPO access for retail investors. Reuters noted it had not verified the Sky report. SoFi’s first-quarter net revenue rose 43% to $1.1 billion, with loan originations at $12.2 billion.
Ramp’s $40 Billion Funding Push Could Rewire the Corporate Card Race

Ramp’s $40 Billion Funding Push Could Rewire the Corporate Card Race

Ramp is in talks to raise $750 million at a valuation above $40 billion, the Wall Street Journal reported, citing sources. Existing investors GIC and Iconiq Capital are expected to co-lead the round, which remains open. The proposed valuation is at least 25% higher than Ramp’s $32 billion mark in November. Ramp reported over $1 billion in annualized revenue and more than 50,000 customers last year.
11 May 2026
Lemonade Stock Falls After Q1 Beat — Why Investors Are Still Watching Profitability

Lemonade Stock Falls After Q1 Beat — Why Investors Are Still Watching Profitability

Lemonade reported first-quarter revenue up 71% to $258 million and a net loss of $35.8 million, narrower than a year ago. Shares fell 1.3% to $55.27 in early trading. The insurer raised 2026 guidance and reaffirmed its target for positive adjusted EBITDA in the fourth quarter. In-force premium rose 32% to $1.33 billion, while gross loss ratio improved to 62%.
SoFi Stock Gets Its Q1 Verdict: Record Revenue, Bigger Loans, One Weak Spot

SoFi Stock Gets Its Q1 Verdict: Record Revenue, Bigger Loans, One Weak Spot

SoFi Technologies reported first-quarter adjusted net revenue up 41% to $1.087 billion, beating estimates, with net income more than doubling to $166.7 million. Lending originations jumped 68% to $12.18 billion, while deposits rose to $40.2 billion. Technology Platform revenue dropped 27% after a major client exit. SoFi began minting SoFiUSD, a dollar-backed stablecoin, and expanded digital asset efforts.
SoFi Technologies Stock Faces a Big Q1 Earnings Test as Loan Growth Comes Into Focus

SoFi Technologies Stock Faces a Big Q1 Earnings Test as Loan Growth Comes Into Focus

SoFi will report first-quarter results before markets open April 29, with management projecting about $1.04 billion in adjusted net revenue and adjusted EPS of 12 cents. Shares closed at $18.44 Friday, valuing the company at $23.8 billion. The company recently launched a digital HELOC and formed a Real Estate Advisory Council. Last quarter, loan originations rose 46% to $10.5 billion and fee-based revenue climbed 53%.
SoFi Technologies Stock Rises as FedNow Instant Transfers Set Up April 29 Earnings Test

SoFi Technologies Stock Rises as FedNow Instant Transfers Set Up April 29 Earnings Test

SoFi Technologies shares rose 1.5% Thursday after launching instant bank transfers via its Galileo platform, allowing money to move between SoFi and outside banks in seconds. The stock traded near $19.08 in New York. Investors await first-quarter results April 29, with SoFi guiding to $1.04 billion in adjusted net revenue and 12 cents per share in adjusted earnings.
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Stock Market Today

  • Sensex jumps 336 points as Nifty nears 23,700; banking stocks lead gains
    May 22, 2026, 1:07 AM EDT. The BSE Sensex opened 336.46 points higher at 75,519.82, while the NSE Nifty50 rose 86.30 points to 23,741.00 on Friday. Banking and financial shares, including ICICI Bank (+1.29%) and HDFC Bank (+1%), drove early gains. Markets reacted positively to crude oil prices remaining under $105 per barrel amid ongoing US-Iran talks, which influence global oil markets. Brent crude traded at $104.25 per barrel, up 1.63%. Small and midcap stocks showed buying interest, supported by strong earnings. However, IT stocks like Infosys and TCS fell. The rupee strengthened to 96.20 against the dollar, offering relief to investors. India VIX, the volatility index, rose 4.05% to 18.55, signaling cautious sentiment. Analysts noted a trend of buying on dips amid market volatility.

Latest articles

OpenAI Shares Hype Returns, Still No Ticker in Sight

OpenAI Shares Hype Returns, Still No Ticker in Sight

22 May 2026
OpenAI is preparing to confidentially file for a U.S. IPO, aiming to go public as early as September, sources told Reuters. The move follows a court win against Elon Musk, removing a key legal obstacle. Private-market share prices for OpenAI ranged from $658.94 to $732.38 this month, but no official public price exists. Ordinary investors still cannot buy OpenAI stock on public exchanges.
Estée Lauder Shares Gain as Rumored Deal Fails to Materialize

Estée Lauder Shares Gain as Rumored Deal Fails to Materialize

22 May 2026
Estée Lauder and Spain’s Puig ended merger talks that would have created a $40 billion beauty group. Estée Lauder shares rose about 10% in after-hours trading, closing the regular session at $78.91. The company said it will focus on its turnaround plan and continue reviewing possible acquisitions or divestitures.
WhiteFiber Stock Rips 22% on $160 Million AI Deal. The Test Comes in July

WhiteFiber Stock Rips 22% on $160 Million AI Deal. The Test Comes in July

22 May 2026
WhiteFiber shares jumped 22.2% to $29.55 after announcing a five-year AI compute contract worth over $160 million for a Paris-region deployment using NVIDIA GPU systems. Google Finance showed the stock rising further after hours. The project is backed by planned financing and 12 months of customer prepayments, but funding and execution remain pending. Service is expected to start in July, subject to equipment delivery and acceptance.
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