FAST NEWS: Futu plummets on revenue miss
The Latest: Online brokerage Futu Holdings Ltd. (FUTU.US) on Thursday reported its fourth-quarter net profit fell 8.4% year-on-year to HK$878 million ($112 million), though its full-year profit rose 46.2% to HK$4.28 billion. Looking Up: The company’s…
FinVolution Picks Up the Pace in Its Global Expansion
The fintech lender announced a major boost in the size of the borrowing facility from its Indonesia partner, though the expanded amount is still small at around $30 million Key…