SoFi Stock Moves After Dollar Stablecoin Launches in App

SoFi Technologies shares traded higher Wednesday after the company launched its SoFiUSD stablecoin in its app for close to 15 million members. Investors got a new angle on the stock, which has struggled this year. The shares were at $16.17, up 20 cents, after hitting $16.68 earlier in the day.

Cryptocurrency · Fintech · NASDAQ:SOFI · Stock Market
Klarna Finally Posts a Profit After IPO — But Its Outlook Gives Wall Street a Reason to Wait

Klarna Finally Posts a Profit After IPO — But Its Outlook Gives Wall Street a Reason to Wait

Klarna Group plc finally posted a quarterly profit—the company’s first since debuting on the New York exchange—with revenue topping $1 billion. But investors didn’t get the all-clear, as management’s softer second-quarter guidance kept enthusiasm in check and signaled the post-IPO hangover isn’t over yet. Shoppers kept spending: gross merchandise volume jumped 33%, hitting $33.7 billion. The Swedish buy now, pay later outfit, which lets users split payments, continues to scale.
14 May 2026
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Ramp’s $40 Billion Funding Push Could Rewire the Corporate Card Race

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

According to people familiar with the situation, Ramp is in talks to raise $750 million at a valuation topping $40 billion before the fresh capital comes in, the Wall Street Journal reported. GIC and Iconiq Capital, both existing investors, are expected to co-lead the round, which hasn’t closed yet, the report noted.
11 May 2026
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