Fintech

AtlasClear Holdings Inc. (NYSEAM: ATCH) reported Q1 2025 results showing core operational growth, including a 260% quarter-over-quarter increase in Wilson-Davis’ standalone non-GAAP net income. The company reduced debt by $14.8 million while building its fintech infrastructure through strategic mergers like Commercial Bancorp. Executives highlighted undervalued capital positioning at 36% of brokerage net capital and the transformative potential of integrating prime banking services with trading technology. Despite warnings about integration challenges and regulatory risks, leadership projects a capital story redefinition through synergies between correspondent broker-dealer Wilson-Davis (since 1968) and Farmers State Bank (established 1915), merging blue-chip expertise with modern fintech agility under its unified cloud platform.

MCAP Inc. (OTC: MCAP) reported Q1 2025 EPS of $0.09 alongside $24M revenue and $3.2M adjusted EBITDA, reflecting progress toward scaling high-margin financial tech operations. Strategic focus areas include institutional client expansion, low-latency infrastructure upgrades, and targeted capital deployment. The firm’s international order book business grew 12% quarter-over-quarter, driven by its Singapore market-making unit. With 47 pending patent filings and initiatives in blockchain settlement and AI compliance systems, MCAP aims for ISO 27001 certification by Q3. Recent trademark filings hint at cross-asset digital execution ambitions, though regulatory hurdles persist. Shares trade at 12x forward EBITDA, below sector average, as cybersecurity and EU AI trading rules pose potential cost risks.