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Latest: Fintech News

Paytm Share Price Down 55% and Analysts Say Worse to Come
Paytm Share Price Down 55% and Analysts Say Worse to Come

The pressure keeps piling on the Indian payments giant which after its IPO debacle must now deal with gloomy predictions about its future revenues

F1’s Jordan Ditches Playtech Bid After Asian Investment
F1’s Jordan Ditches Playtech Bid After Asian Investment

Motorsports tycoon reportedly concerned that a group of Asian investors, including Vitasoy heiress Karen Lo, that recently bought into Playtech, would block the deal

Ant Group Implicated in Graft Scandal by CCTV Report – FT
Ant Group Implicated in Graft Scandal by CCTV Report – FT

CCTV documentary alleged private companies made “unreasonably high payments” to the brother of former CCP head in Hangzhou in return for policy incentives and support in buying real estate

Bitcoin Tumbles to 5-Month Low on Russia Fears, Inflation
Malware Education Could Cut Asia Video Piracy, Says Study
Singtel Branches Out With $35m Stake in Indonesian Bank
China Reaffirms Pledge to Eradicate Internet Sector ‘Corruption’
ByteDance’s TikTok Testing Paid Subscriptions – The Information
US Fed Touts CBDC Benefits as Russia Calls for Broad Ban on Crypto
Australia Vows to Fight Back Against State Cyber Attacks

Fintech: The Big Picture

ASML in the Centre of the Chip War

With a market cap of$240 billion, chipmaker ASML is Europe’s most valuable tech company. Its market-leading position comes from its monopoly in Extreme Ultraviolet Lithography (EUV) machines which allow chipmakers to make smaller, faster and smarter semiconductors