Hummingbot Democratizes Algorithmic Trading with Open-Source Framework
Hummingbot is an open-source framework for building and deploying automated trading bots across centralized and decentralized exchanges.
Stories tagged “Fintech.”
30 stories
Hummingbot is an open-source framework for building and deploying automated trading bots across centralized and decentralized exchanges.

Ventures Platform has raised an $83 million second fund to back early-stage founders across Africa, expanding beyond its home market of Nigeria with a strategy shaped by a tougher, more selective venture market.
Japan’s only high-speed trader Dharmacapital moves to Singapore citing tax rates
Dharmacapital, Japan's only high-speed trader, has moved its staff to Singapore, citing the country's lower tax rates compared to Tokyo. The move leaves Tokyo without a high-frequency trading firm operating out of the city.

WhatsApp is reportedly working on a new Payments section for iOS, which could signal plans to expand its payment services to additional countries. The feature is currently under development and has not yet been made available to beta testers.

Fintechs Sendwave and TapTapSend are competing in the African money transfer market, leveraging mobile money growth. They focus on speed and lower fees for diaspora remittances.

This week, startup investors closed on big rounds in AI and defense, with Castelion leading the pack with an $800M Series C funding round for its hypersonic missile project.

Walmart will start accepting Apple Pay and Google Pay at its stores, including Walmart and Sam's Club, beginning August 24. The retail giant had previously refused to adopt the ubiquitous payment technology.

Ali Hussain, founder of Tabs, shares his journey from a humanities degree to building a $400M AI startup. He discusses his experience working in his family's convenience store, his time at The Boston Consulting Group, and his decision to join Latch as its first operations…
Ant Group's quarterly profits rose 1% year-on-year to around 4.7 billion yuan ($698 million) in the quarter ending June 30, according to Reuters calculations from Alibaba's quarterly earnings report.

Indian fintech Navi has raised $100 million from Prosus, marking the first institutional funding for the eight-year-old startup founded by Flipkart co-founder Sachin Bansal. The investment values Navi at about $1.3 billion.

Ripple has raised $275 million in a senior note offering to support its expansion into traditional financial services, including prime brokerage and multi-asset clearing, citing strong demand from institutions.

The FASB proposed guidance outlining when companies may classify certain stablecoins as cash equivalents under generally accepted accounting principles in the United States. The proposal adds illustrative examples to the current definition, addressing inconsistent treatme…

Aminata Kane, Visa's Senior VP for West and Central Africa, states that while mobile transactions are rapidly growing in Sub-Saharan Africa, restrictive regulations and taxes in Francophone regions impede their broader development.

A total of 40 companies joined The Crunchbase Unicorn Board in July, the highest monthly total in more than four years, with three joining at values greater than $10 billion. The leading sectors by count were financial services, robotics, AI orchestration, multimodal AI, …

Centricity has secured ₹280 Cr (approximately $29 Mn) in a funding round led by SMBC Asia Rising Fund, aiming to enhance its wealthtech platform and expand its B2B2C distribution, private wealth, and NRI client businesses.

Block, a fintech company, raised its full-year outlook after reporting a strong second quarter driven by growth in Cash App and Square. The company also expanded its use of AI across software engineering.

Polymarket, a prediction market platform, is in talks for a fundraising round that would value the company at north of $20 billion. The company's annualized revenue is well above $1 billion, following the launch of its regulated U.S. exchange in May.

India is taking steps to reshape the business model behind its Unified Payments Interface (UPI), a widely used payments network built by the government, via new legislation that could pave the way for merchants to pay charges on some UPI transactions.
PTCL Set to Acquire Pakistan's Largest Digital Wallet, Easypaisa
PTCL has taken the first formal step toward acquiring Easypaisa, Pakistan's largest digital financial services platform. The move could mark one of the biggest deals in Pakistan's telecom and fintech industries.

Ripple invests in Zilo and Licuido to enable tokenized funds as collateral. The investments aim to expand access to tokenized financial assets on its blockchain ledger.

Young Indians are taking on more debt, with 70% of those under 30 having taken out at least one loan. This is driven by a boom in fintech lending and a desire to splurge on travel and other lifestyle expenses.

ABHI Bank is planning to list on the Pakistan Stock Exchange and raise approximately PKR 2–3 billion through an Initial Public Offering (IPO). This IPO is a strategic investment in building the next generation of digital banking capabilities and will strengthen the bank's…

Robinhood posted record Q2 revenues of $1.31 billion, up 32% year-over-year, beating Wall Street's estimate of $1.26 billion. Crypto revenue fell 38% year-over-year to $100 million, while event contracts—prediction market bets on real-world outcomes—surged over 10x to $15…

Robinhood posted a record quarter with $1.31 billion in revenue, but its crypto transaction revenue fell 38% to $100 million. The company expanded its digital asset business and recorded $40 billion in crypto trading volume.

InCred Finance reported a consolidated net profit of ₹172 Cr in Q1 FY27, up 82% from ₹94 Cr in the year ago quarter. The company attributed the surge in bottom line to growing loan disbursements, improving operating leverage and healthy asset quality.

MoonPay has launched PayBox, a payment vault that lives inside Claude and ChatGPT, allowing AI agents to execute transactions. The vault uses MPC and TEE cryptography to protect user funds and transaction signing.

Peak XV Partners has offloaded shares worth ₹139 Cr in Go Digit via a block deal. This is the second time in two months that the VC giant has sold a part of its stake in the insurtech company.

Kissht's net profit grew 59% YoY and 16% QoQ to ₹95.1 Cr in Q1 FY27. Operating revenue zoomed 45% YoY and 8% QoQ to ₹669.5 Cr.

Fintech startups are preparing to make their debut in the public markets, with a focus on sustainable profitability and disciplined valuations. This is a departure from the first wave, which validated digital distribution in financial services.

Pine Labs logged a consolidated net profit of Rs 19.6 crore in the first quarter of FY27, a fourfold increase from Rs 4.8 crore in the year-ago period. Revenue from operations rose 20% year-on-year (YoY) to Rs 737 crore from Rs 616 crore in the year-ago period, mainly due…