Latest news with #FinTech
Yahoo
a day ago
- Business
- Yahoo
FinTech Chain Full Year 2025 Earnings: CN¥0.007 loss per share (vs CN¥0.007 loss in FY 2024)
Revenue: CN¥55.9m (up 24% from FY 2024). Net loss: CN¥4.51m (loss narrowed by 4.5% from FY 2024). CN¥0.007 loss per share (in line with FY 2024). This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. All figures shown in the chart above are for the trailing 12 month (TTM) period FinTech Chain shares are up 50% from a week ago. It's still necessary to consider the ever-present spectre of investment risk. We've identified 3 warning signs with FinTech Chain, and understanding these should be part of your investment process. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Errore nel recupero dei dati Effettua l'accesso per consultare il tuo portafoglio Errore nel recupero dei dati Errore nel recupero dei dati Errore nel recupero dei dati Errore nel recupero dei dati
Yahoo
2 days ago
- Business
- Yahoo
Trump Media Closes Bitcoin Treasury Deal
Company Launches Far-Reaching Bitcoin Treasury Strategy SARASOTA, Fla., May 30, 2025 (GLOBE NEWSWIRE) -- Trump Media and Technology Group Corp. (Nasdaq, NYSE Texas: DJT) ("Trump Media" or the "Company"), operator of the social media platform Truth Social, the streaming platform Truth+, and the FinTech brand announced today that it has closed its previously announced private placement offering ('the Offering') with approximately 50 institutional investors. The Offering consisted of the sale of (i) 55,857,181 shares of the Company's common stock, at a price of $25.72 per share, for gross proceeds of approximately $1.44 billion and (ii) 0.00% convertible senior secured notes due 2028 in the principal amount of $1.00 billion, at the conversion price of $34.72 per share, for an aggregate purchase price of approximately $2.44 billion. Trump Media will use the approximately $2.32 billion in net proceeds from the Offering to create a Bitcoin treasury and for other general corporate purposes and working capital. One of the largest Bitcoin treasury deals for any public company, the net proceeds from this Offering and the Company's strategy will make Trump Media one of the top Bitcoin holders among publicly-traded U.S. firms with one of the most comprehensive Bitcoin treasury strategies. Trump Media's CEO and Chairman Devin Nunes said, 'Trump Media is focused on acquiring great assets, and this deal will give us the financial freedom to implement the rest of our strategies. It means the Company will have more than $3 billion in liquid assets and our shareholders will have exposure to Bitcoin. The deal positions Trump Media for the kind of rapid expansion we've always envisioned, and we look forward to advancing even further throughout the America First economy.' The Offering will place Bitcoin on Trump Media's balance sheet alongside existing cash, cash equivalents, and short-term investments totaling $759.0 million as of the end of the first quarter of 2025. Yorkville Securities, LLC and Clear Street LLC acted as Co-lead placement agents, with BTIG, LLC and Cohen & Company Capital Markets acting as Co-placement agents (collectively, the 'Placement Agents'). Cantor Fitzgerald & Co. acted as financial advisor. Nelson Mullins Riley & Scarborough LLP is serving as legal counsel to the Company. Reed Smith LLP is serving as legal counsel to the Placement Agents. and Anchorage Digital will provide custody for Trump Media's Bitcoin treasury. This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in the United States or any other state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. Cautionary Statement About Forward-Looking Statements This press release includes forward-looking statements regarding, among other things, the plans, strategies, and prospects, both business and financial, of Trump Media. We have based these forward-looking statements on our current expectations and projections about future events, including expected potential merger & acquisition activity, the rollout of products and features, our Bitcoin treasury strategy, the future plans, timing and potential success of the streaming services and the launch and success of our financial services and FinTech platform. Although we believe that our plans, intentions, and expectations reflected in or suggested by these forward-looking statements are reasonable, we cannot assure you that we will achieve or realize these plans, intentions, or expectations. Forward-looking statements are inherently subject to risks, uncertainties, and assumptions. Generally, statements that are not historical facts, including statements concerning possible or assumed future actions, business strategies, events, or results of operations, are forward-looking statements. These statements may be preceded by, followed by, or include the words "believes," "estimates," "expects," "projects," "forecasts," "may," "will," "should," "seeks," "plans," "scheduled," "anticipates," "soon," "goal," "intends," or similar expressions. Forward-looking statements are not guarantees of future performance, and involve risks, uncertainties and assumptions that may cause our actual results to differ materially from the expectations that we describe in our forward-looking statements. There may be events in the future that we are not accurately able to predict, or over which we have no control. About Trump Media The mission of Trump Media is to end Big Tech's assault on free speech by opening up the Internet and giving people their voices back. Trump Media operates Truth Social, a social media platform established as a safe harbor for free expression amid increasingly harsh censorship by Big Tech corporations, as well as Truth+, a TV streaming platform focusing on family-friendly live TV channels and on-demand content. Trump Media is also launching a financial services and FinTech brand incorporating America First investment vehicles. Investor Relations Contact Shannon Devine (MZ Group | Managing Director - MZ North America)Email: Media Contact press@ while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Khaleej Times
3 days ago
- Business
- Khaleej Times
UAE: Cashless tips for blue-collar workers? Students unveil digital wallet; no bank account needed
With cashless transactions forming a major part of the UAE economy, some students have developed a solution that enables tipping blue-collar workers who may not have a traditional bank account. The app, which is still in its prototype stage, was developed by the winning team in the 'Company of the Year Award — University Track' at the 16 th annual Injaz UAE Young Entrepreneurs Competition. Twenty finalist teams, 10 from high schools and 10 from universities, emerged from a national pool of 76 teams, in which Emirati youth participation comprised 40 per cent. The FinTech app enables cashless tipping through a unique QR code for each service or blue-collar worker. "Anyone can scan a service or blue-collar worker's unique QR code, which takes them to a dedicated page to leave a tip — 100 per cent of which goes directly to the worker," Zaina Ismail, a Computer Science student at American University of Sharjah (AUS), said. Saif Abu Mahfuz, a finance student at AUS added, 'We generate the QR codes and link them to a digital Taqdeer wallet within our app, which is currently in prototype stage. This system works even without a traditional bank account. Workers can store their tips securely and choose to transfer the funds either to a bank account or a money exchange account, making it especially supportive for the underbanked.' Another team comprising of 12 members from Al Basma British School in Abu Dhabi, awarded the 'Best Financial Plan Award,' shared insights into their project, which focused on simplifying the university application process. Team member Aleeza Usman said, 'Our idea was to build a centralised website where students can find comprehensive information about different universities in the UAE. You select your desired course, see the requirements, and complete a single application form that can be submitted to multiple institutions. We also guide users through scholarship and financial aid options, and keep them updated throughout the process.' Students and young people across UAE and Mena have gained practical skills, and access to mentorship to thrive as entrepreneurs and skilled professionals through Injaz Al Arab. Razan Bashiti, CEO of Injaz UAE said, 'Injaz is actually what I like to call an 'unseen curriculum'. Life does not come with a manual. It offers lessons, often disguised as challenges. We have evolved as an organisation. We've embraced struggles of all kinds, but we kept that dream of youth empowerment kindled in our hearts, and because we were relentless dreamers, our organisation, Junior Achievement worldwide, has been nominated for the year 2025, Nobel Peace Prize.' She added, 'At Injaz UAE, we see our students not just as learners, but as future leaders and changemakers. This year's competition highlighted their ability to turn ideas into action and showcased the impact of two decades of youth empowerment in the UAE.'
Associated Press
5 days ago
- Business
- Associated Press
Last Call! Global Startups to Get on Board EPIC 2025
Don't Miss Out on the Million-dollar Opportunity at Asia's Most Dynamic Ecosystem HONG KONG SAR - Media OutReach Newswire - 28 May 2025 - The 9th Elevator Pitch International Competition (EPIC 2025), organised by Hong Kong Science and Technology Parks Corporation (HKSTP), has only 3 weeks left for global startups with their anchor in FinTech, and new tech tracks Digital Health and Green Tech, respond to the call to one of Asia's largest innovation arenas. Participants will 60-second pitch their way to business matching and investment opportunities for a lift towards success. Last Call! Global Startups to Get on Board EPIC 2025 Supported by 20 global financial and corporate partners collectively managing an AUM close to US$100B and operating across Asia, Europe and North America, EPIC 2025 offers an unprecedented US$100M targeted funding pool, US$240,000 cash prizes, and an extensive experience for mid- to late-stage startups to grow from regional names to international labels: Key Dates Application Period: Now to 17 June 2025, 23:59 (GMT+8) Online Regional Pitch: July 2025 Finalist Announcement: August 2025 EPIC Week in Hong Kong: 3 – 7 November 2025 Mid- to late-stage startups under 10 years old, focused on Digital Health Tech, FinTech, or GreenTech, and registered as businesses with plans to expand R&D or operations to Hong Kong and/or the Greater Bay Area (GBA), are eligible to enter for EPIC. As the journey moves along, a series of highlights in the week-long EPIC Week will be made available to finalists speeding for the finish line, including Tech Spotlight for a showcase of their innovative solutions exclusive to potential investors and corporate decision-makers, in engaging instant and in-depth conversations; and the Greater Bay Area Exploration for a guided tour of a glimpse into the vast opportunities in the GBA and beyond—where complimentary flight and accommodation sponsored (*T&C applies) for contestants overseas. Albert Wong, CEO of HKSTP said: 'Following the success of EPIC 2024 receiving applause from 47 economies, making it a more impactful event is where we're going this year, as well as more inclusive, which is why we're having new tech tracks, at a new location in Hong Kong, with new formats, yet one thing remains the same—it is an opportunity you don't want to miss.' Global application for EPIC 2025 is opened until 17 June 2025, 23:59 (GMT+8). For details, please visit for more. Hashtag: #HKSTP #EPIC2025 The issuer is solely responsible for the content of this announcement. About Hong Kong Science and Technology Parks Corporation Hong Kong Science and Technology Parks Corporation (HKSTP) is a statutory body leading as one of the world's most dynamic innovation and technology ecosystems, powering through a future with the united force of over 24,000 visionaries working at more than 2,300 tech companies from 25 countries and regions, across multiple locations including Hong Kong Science Park, InnoCentre, Hong Kong Science Park Shenzhen Branch, and the InnoParks. From R&D infrastructure and investment opportunities, to industry networks and talent traction, HKSTP offers comprehensive support that translates innovative ideas to commercialisable solutions. With 13 unicorns and dozens of world-firsts, HKSTP will continue the momentum calling for global innovators to join the community with Keep Up spirits. More information about HSKTP is available at
Malay Mail
5 days ago
- Business
- Malay Mail
Last Call! Global Startups to Get on Board EPIC 2025
Don't Miss Out on the Million-dollar Opportunity at Asia's Most Dynamic Ecosystem Last Call! Global Startups to Get on Board EPIC 2025 Key Dates Finalist Announcement: August 2025 EPIC Week in Hong Kong: 3 – 7 November 2025 HONG KONG SAR - Media OutReach Newswire - 28 May 2025 - The 9th Elevator Pitch International Competition (EPIC 2025), organised by Hong Kong Science and Technology Parks Corporation (HKSTP), has only 3 weeks left for global startups with their anchor in FinTech, and new tech tracks Digital Health and Green Tech, respond to the call to one of Asia's largest innovation arenas. Participants will 60-second pitch their way to business matching and investment opportunities for a lift towards by 20 global financial and corporate partners collectively managing an AUM close to US$100B and operating across Asia, Europe and North America, EPIC 2025 offers an unprecedented US$100M targeted funding pool, US$240,000 cash prizes, and an extensive experience for mid- to late-stage startups to grow from regional names to international labels:Now to 17 June 2025, 23:59 (GMT+8)July 2025As the journey moves along, a series of highlights in the week-long EPIC Week will be made available to finalists speeding for the finish line, including Tech Spotlight for a showcase of their innovative solutions exclusive to potential investors and corporate decision-makers, in engaging instant and in-depth conversations; and the Greater Bay Area Exploration for a guided tour of a glimpse into the vast opportunities in the GBA and beyond—where complimentary flight and accommodation sponsored (*) for contestants Wong, CEO of HKSTP said: "Following the success of EPIC 2024 receiving applause from 47 economies, making it a more impactful event is where we're going this year, as well as more inclusive, which is why we're having new tech tracks, at a new location in Hong Kong, with new formats, yet one thing remains the same—it is an opportunity you don't want to miss." Global application for EPIC 2025 is opened until 17 June 2025, 23:59 (GMT+8). For details, please visit for #HKSTP #EPIC2025 The issuer is solely responsible for the content of this announcement. About Hong Kong Science and Technology Parks Corporation Hong Kong Science and Technology Parks Corporation (HKSTP) is a statutory body leading as one of the world's most dynamic innovation and technology ecosystems, powering through a future with the united force of over 24,000 visionaries working at more than 2,300 tech companies from 25 countries and regions, across multiple locations including Hong Kong Science Park, InnoCentre, Hong Kong Science Park Shenzhen Branch, and the InnoParks. From R&D infrastructure and investment opportunities, to industry networks and talent traction, HKSTP offers comprehensive support that translates innovative ideas to commercialisable solutions. With 13 unicorns and dozens of world-firsts, HKSTP will continue the momentum calling for global innovators to join the community with Keep Up spirits. More information about HSKTP is available at
