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

SoFi Technologies turned in its highest-ever first-quarter revenue Wednesday, sticking with its 2026 guidance as investors gauge whether the fintech upstart can keep expanding despite tougher conditions for digital lenders. Adjusted net revenue—which strips out certain lending-related valuation shifts—climbed 41% to $1.087 billion. Net income surged to $166.7 million, more than double from a year earlier.

Earnings Reports · Fintech · NASDAQ:SOFI · Stock Market
Nu Holdings (NU) Faces New Brazil Rival as TikTok Seeks Payments, Credit Licenses

Nu Holdings (NU) Faces New Brazil Rival as TikTok Seeks Payments, Credit Licenses

Nu Holdings Ltd, which owns Nubank, could be staring down fresh competition in Brazil: TikTok is seeking approval from the central bank to roll out payments and credit services. According to two sources familiar with the matter, ByteDance’s social media giant has filed for licenses that would allow it to operate prepaid accounts and extend its own credit—eyeing a market where Nubank has already made app-driven banking mainstream.
1 April 2026
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Circle Teams With Nvidia-Backed Cassava’s Sasai to Push USDC Payments in Africa

Circle Teams With Nvidia-Backed Cassava’s Sasai to Push USDC Payments in Africa

Circle Internet Group on Tuesday said an affiliate has joined forces with Sasai Fintech, which is part of Nvidia-backed Cassava Technologies, aiming to boost USDC’s reach in Africa for business payments, remittances, and wallet offerings. USDC, a stablecoin pegged to the dollar, is designed to maintain a constant value. According to Circle, holders can redeem USDC 1:1 for U.S. dollars.
24 March 2026
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Mastercard’s BVNK Deal Puts Trade Finance Tokenization – and Solana – in Focus

Mastercard’s BVNK Deal Puts Trade Finance Tokenization – and Solana – in Focus

Mastercard has struck a deal to acquire BVNK for as much as $1.8 billion, intensifying the race among heavyweight financial firms looking to embed blockchain into everyday payments and trade finance. Unveiled Tuesday, the agreement hands the card giant a stronger position in stablecoin infrastructure—digital tokens tied to currencies like the dollar—across remittances, business transactions, and payouts.
18 March 2026
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Sage teams with SumUp on free UK tax tool ahead of Making Tax Digital deadline

Sage teams with SumUp on free UK tax tool ahead of Making Tax Digital deadline

Sage Group plc said Monday it’s teaming up with fintech firm SumUp to offer a free accounting and tax-filing tool aimed at UK sole traders, just weeks before new HMRC digital filing requirements take effect. “Merchants do not start a business for the administrative side of things,” said Felix Lamouroux, who heads global banking at SumUp. Sage’s Gordon Stuart added that many sole traders are still “unprepared for the change ahead.”
10 March 2026
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Robinhood Markets cuts RVI IPO size as premium card push targets wealthier investors

Robinhood Markets cuts RVI IPO size as premium card push targets wealthier investors

Robinhood Markets priced the initial public offering of its first private-markets fund, Robinhood Ventures Fund I, at 12,615,608 shares at $25 apiece on Friday, well below the 40 million-share plan it outlined when the roadshow began last month. Robinhood said the deal would give RVI a total fund size of $658.4 million, or up to $705.7 million if the underwriter’s option is exercised in full.
6 March 2026
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