Novonix [ASX:NVX] shares fell 25% before entering a trading halt, while BNPL stocks Openpay Group [ASX:OPY] and Splitit Payments [ASX:SPT] rose on trading updates.
Fintech News: Exploring Innovations in Financial Technology
Fintech – short for financial – is a broad term applied to firms that combine innovative business models and technology to disrupt traditional financial services.
Australia has positioned itself as one of the sector’s hubs, with over 800 fintech companies based here.
ASX BNPL Stocks: Has the BNPL Bubble Popped?
According to The Guardian’s report, shares in ASX BNPL stocks fell by an average of 80% compared to their peak prices in the last 12 months.
Splitit Struggles to Win Over Market with Latest Quarterly — Share Price Falls 1.89%
Case in point is the performance of Splitit [ASX:SPT]. The US-based fintech that’s seen its shares fall dramatically over the course of 2021.
Nuix Shares Down as Management Update Fails to Impress (ASX:NXL)
Troubled software company Nuix Ltd [ASX:NXL] is back in the limelight today. And again, it’s for all the wrong reasons. The NXL share price is down 12.89% for the day…
ASX 200 News: IOUpay, Life360, Paradigm, BHP & Woodside
The benchmark S&P/ASX 200 [ASX:XJO] is inching higher on Tuesday morning, propelled by a rebounding iron ore price which pushed the big miners Fortescue Metals Group [ASX:FMG] and Rio Tinto [ASX:RIO] higher.
ASX 200 News Weekly Wrap — Magnis, Creso, Cettire, Crown and Commonwealth Bank
We review this week’s ASX news, from MNS and CPH getting caught up in ASIC probes to CBA shares tanking on their latest quarterly.