Mastercard’s BNPL Bomb
Mastercard Inc. (NYSE: MA) dropped a bomb this week, a buy-now-pay-later (BNPL) bomb that is, when it announced the launch of a new set of
October 2, 2021
Coinbase scraps plans for Crypto lending. What it means for the stock
Coinbase, a leading cryptocurrency exchange platform, recently announced it would be canceling plans to roll out their lending program. The move comes after regulators –
September 27, 2021
TrueLayer raises mega-round as open banking heats up
TrueLayer, a provider of technology for developers of open-banking-services, recently raised $130M, receiving a post-money valuation of $1B. The company’s end-users range from neobanks, crypto
September 27, 2021
SaaS startup Lio raises $5 million in seed funding
Lio, a software as a service provider focused on helping users organize business and personal data, recently raised $5M in seed funding led by Sequoia
September 27, 2021
Deutsche Bank buys online platform Better Payment, gains market in Germany
On Monday, Deutsche Bank announced it is acquiring Berlin-based payment service provider Better Payment. DB will look to integrate Better Payment’s technology solutions into its
September 27, 2021
Toast sells shares in IPO at $40, topping range and valuing restaurant-tech company at $20 billion
Toast, a provider for restaurant technology, recently priced its IPO at $40 per share, to value the company at $20B. The company was previously valued
September 27, 2021
Digital broker eToro delays $10.4bn SPAC listing until end of the year
eToro, a commission-free stock broker, recently delayed its SPAC until the fourth quarter of 2021. The company plans to go public via Betsy Cohen’s Fintech
September 27, 2021
Lemonade Bearing Fruit – Fintech/Insurtech
Fintech disruptor and SoftBank-backed insurtech Lemonade went public July 2, 2020 (NYSE: LMND) and marked the most successful IPO of the year (at the time),
September 25, 2021
China/US Smackdown Big-Tech -Apple, Tencent, Alibaba
It was definitely a humbling week for three of the world’s largest, high-profile ecommerce and financial technology companies. In a span of 10 days, Apple, Tencent and Alibaba were forced to
September 23, 2021