1 BTC
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Global X Funds Global X FinTech ETF
As of May 30, 2026 at 10:05 UTC
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About Global X Funds Global X FinTech ETF
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Latest News
5 articlesVoss Capital, a 4.2% shareholder in Euronet Worldwide, has issued an open letter to the board demanding immediate exploration of strategic alternatives. The firm cites sustained underperformance over five years, with EEFT stock declining 54% compared to S&P 500's 81% gain, despite strong EPS growth and valuable global financial infrastructure. Voss argues the company's valuation has compressed to 6.5x earnings despite operational improvements, and references comparable transactions suggesting potential upside of 62-97%.
PayPal announced the acquisition of Cymbio, an Israel-based multi-channel orchestration platform, to strengthen its agentic commerce capabilities. The deal, expected to close in H1 2026, will enable merchants to place product catalogs in AI shopping environments like Microsoft Copilot and Perplexity. Cymbio has powered PayPal's Store Sync service since October 2025, with brands including Abercrombie & Fitch and Newegg already using the platform.
Buy Now, Pay Later services are projected to reach $20.2 billion in spending during the 2025 holiday season, an 11% increase year-over-year. However, the sector faces mounting concerns over consumer financial strain, with 41% of users missing payments, and growing regulatory scrutiny including a multistate inquiry into major BNPL providers and proposed federal legislation to extend credit-card-style protections.
Guidewire Software plans to invest $60 million over 5 years to enhance its cloud platform and AI offerings for Japanese insurers, aiming to drive profitability, agility, and compliance in the market where over 60% of insurance GWP flows through its ClaimCenter solution.
