NEW YORK, July 3 (Reuters) – President Donald Trump’s tax-cut and spending bill, which passed Congress on Thursday, averts the near-term prospect of a U.S. government default but makes America’s long-term debt problems even worse. Republican lawmakers in the House of Representatives approved the bill that will extend Trump’s 2017 tax cuts, authorize more spending on border security…
June 26 (Reuters) – Indian fintech firm Pine Labs’ PINL.NS initial public offering could be worth about $1 billion and the company is seeking a valuation of up to $6 billion, a source familiar with the matter said on Thursday. Pine Labs is looking to issue fresh shares worth 26 billion rupees ($304 million) while…
June 12 (Reuters) – Investment firm Carlyle Group has partnered with U.S. banking giant Citigroup to provide asset-backed financing to fintech lenders, the companies said on Thursday. As part of the partnership, Carlyle and Citi will share market intelligence, and explore co-investment and financing opportunities, the companies added. The Reuters Tariff Watch newsletter is your daily guide…
The U.S. fintech landscape has witnessed explosive growth over the past decade, driven in large part by visionary venture capitalists who backed game-changing startups in digital banking, payments, insurtech, crypto, and more. These investors not only bring capital but also deep industry knowledge, strategic guidance, and influential networks that help fintech founders scale with speed…
Our tenth annual Fintech 50 list highlights businesses that continue to grow rapidly and adapt even as industry valuations and investment in private fintechs remain depressed. Funding for fintech startups fell for a third consecutive year to $34 billion globally in 2024, down from $42 billion in 2023 and $144 billion in 2021, according to…
Across the U.S. in 2025, fintechs have radically reshaped how individuals and small businesses access credit. Equipped with AI-driven underwriting, embedded lending, Earned Wage Access (EWA), and alternative data models, these platforms are offering faster, fairer, and more convenient credit products—ushering in Lending 2.0. 1. From Legacy to Lightning: AI-Powered Underwriting Traditional lenders often rely on…
As U.S. insurance companies face rising customer expectations, climate-related risk, and legacy overhead, a new wave of innovative startups—collectively known as insurtechs—is reshaping the industry. Utilizing technologies like AI, telematics, blockchain, and real-time data, these companies are redefining underwriting, pricing, claims, and customer engagement. Here’s how insurtech in America is driving transformation. 1. AI-Driven Underwriting…
Financial inclusion isn’t just a social good—it’s a powerful economic lever. In the U.S., a new generation of fintech companies is making basic financial services accessible to underserved segments: low-income families, gig workers, immigrants, individuals with disabilities, and others traditionally left behind. These platforms are reshaping the financial landscape by offering microloans, mobile banking, early…
As fintech startups reshape finance—from payments and lending to crypto and embedded banking—the role of regulation has become crucial. In the U.S., two regulatory bodies stand out: FinCEN (Financial Crimes Enforcement Network), navigating financial crime and Crypto AML laws, and the Office of the Comptroller of the Currency (OCC), implementing charter regimes and authority frameworks…
The American crypto and blockchain wave of 2025 is nothing short of a modern “Gold Rush.” A surge in capital, corporate interest, institutional embrace, and policy breakthroughs is fueling a national movement toward digital assets. From stablecoins and tokenization to mining infrastructure and web3 ventures, the U.S. is staking its claim in the digital frontier….