-
Fintech Focus For November 27, 2020
Thursday, November 26, 2020 - 8:02pm | 1695Read More...Quote To Start The Day: Be polite, be professional, but have a plan to kill everybody you meet. Source: James Mattis One Big Thing In Fintech: Robinhood, creator of the popular stock-trading app of the same name, announced on Friday that Vlad Tenev will be the company's sole chief executive,...
-
Seth Klarman Bets Big On Bill Ackman, Other SPACs
Monday, November 16, 2020 - 4:00pm | 356Read More...Hedge fund manager Seth Klarman revealed several investments in SPACs during the third quarter, including a big bet on the largest SPAC from Bill Ackman. What Happened: A 13F filing from the third quarter reveals Klarman's Baupost Fund took a new 17.5 million-share stake in Pershing Square...
-
Citron Explains Change Of Heart On Jumia Technologies, $100 Price Target
Monday, October 26, 2020 - 5:07pm | 523Read More...Citron Research has gone from bearish to bullish on Jumia Technologies, a Berlin-based e-commerce company operating in Africa. The Citron Bullish Case: Citron Research flagged problems at Jumia Technologies (NYSE: JMIA) in May 2019 that it said included financial discrepancies,...
-
Fintech Focus For October 22, 2020
Wednesday, October 21, 2020 - 6:14pm | 2017Read More...Quote Of The Day: When we strive to become better than we are, everything around us becomes better too. - Paulo Coelho Fintech Movers: Coinbase received 1,914 requests for information in the first six months of 2020 alone. Nearly 60% of those came from state and federal agencies in the U.S.—...
-
Jumia's Stock Surges To Close The Week After Citron Turn
Friday, October 16, 2020 - 3:39pm | 403Read More...Shares of the African e-commerce company are up sharply Friday. About Jumia: Jumia Technologies (NYSE: JMIA) is an e-commerce company in Africa with operations in 11 countries in the continent. The company operates its Jumia Logistics and Jumia Pay businesses and also recently launched gaming...
-
Fintech Focus For October 16, 2020
Thursday, October 15, 2020 - 6:42pm | 2217Read More...Quote Of The Day: Cowboy innovation is worse than no innovation at all. - Alan Konevsky Fintech Movers: The shift toward touchless payments is dramatic, with 8x more earnings calls mentions vs. last year. - CB Insights Metromile eyes insurance transparency. Intel bought digital currency for 5...
-
Fintech Focus For October 14, 2020
Tuesday, October 13, 2020 - 8:31pm | 2432Read More...Quote Of The Day: I never dreamed about success, I worked for it. - Estee Lauder Fintech Movers: After years of working in and around Ethereum, Jonathan Perkins, alongside John and Charles Crain, founded SuperRare in 2017 on the back of a new non-fungible token (NFT) standard. Now, SuperRare...
-
Fintech Focus For September 29, 2020
Monday, September 28, 2020 - 5:40pm | 1775Read More...Quote Of The Day: When everything seems to be going against you, remember that the airplane takes off against the wind, not with it. - Henry Ford Fintech Movers: Financial health will become the new basis of competition in banking. - Forbes Finicity added to banking and credit tech. Wirex...
-
Fintech Focus For September 25, 2020
Thursday, September 24, 2020 - 6:18pm | 2049Read More...Quote Of The Day: War is what happens when language fails. - Margaret Atwood Fintech Movers: NYCE, a fintech geared towards real estate investing, formally announced it became the fastest real estate company to raise $1 million through the Regulation CF, on the Wefunder and Republic investing...
-
Not Just Airbnb, Billionaire Investor Bill Ackman Also Talked SPAC Merger With Stripe
Friday, September 4, 2020 - 1:05am | 390Read More...Billionaire investor Bill Ackman in an interview with Bloomberg Thursday admitted he held early discussions with both Airbnb Inc and Stripe Inc on merger with his blank check company Pershing Square Tontine (NYSE: PSTH-U). What Happened: Ackman said discussions were held with the financial services...
-
'A Subdued Market': Stock Market Update For The Week Ahead
Sunday, August 16, 2020 - 6:34pm | 2456Read More...The Last Week In A Nutshell What Happened: “This is a subdued market. We have recovered from the shock, but there have been a lot of sectors not really participating that much on the upside,” said ARK Invest CEO and CIO Catherine Wood. Remember This: “2020 is a year that is...
-
Fintech Focus For August 12, 2020
Tuesday, August 11, 2020 - 6:38pm | 2605Read More...Daily Perspective: Growth can heal a lot of sins. - Cathie Wood Fintech Movers: American Express Company is in talks with Kabbage, an online fintech lender backed by Softbank, over an $850 million acquisition. - Benzinga Finicity: The COVID Credit Crisis. Infor, CIBC, SunStream partner. A GM...
-
9 San Francisco Fintechs Poised To Shine At The Benzinga Global Fintech Awards
Tuesday, July 7, 2020 - 9:19am | 780Read More...The Benzinga Global Fintech Awards — a day of dealmaking, networking and recognition in the financial technology space — takes places Nov. 10. In recognition of those disruptive innovators creating positive and diverse change within the financial services...
-
Fintech Focus For June 30, 2020
Tuesday, June 30, 2020 - 9:37am | 1683Read More...Daily Perspective: If life were predictable it would cease to be life, and be without flavor. - Eleanor Roosevelt Fintech Movers: Uber Technologies Inc.’s financial services leader Peter Hazlehurst is calling it quits as the ride-hailing giant focuses on rides and food delivery, and ices...
-
Stripe Valued At $35 Billion
Thursday, September 19, 2019 - 2:42pm | 224Read More...Privately held payment tech company Stripe Inc. said Thursday that its latest round of fundraising has pushed the company’s valuation to $35 billion, which would put it among the highest-valued startups. The $35-billion valuation is up from a previous round of funding earlier this year that...
