Social Shopping – Upending eCommerce
This article is part of Wellesley Hills Financial’s Market Movements series, found in our weekly newsletter. From the late 1970s through the early 2000s, shopping malls
June 1, 2021
Fintech, Wealthtech M&A Puts Broker-Dealers in Play
On Monday, Vancouver, BC-based MOGO (NASDAQ: MOGO) (TSX: MOGO)announced its agreement to acquire Montreal, QC securities dealer Fortification Capital for roughly $1,050,000 in cash and 75,000 shares of MOGO common stock.
May 24, 2021
Flying Blind
This article is part of Wellesley Hills Financial’s Market Movements series, found in our weekly newsletter. Here’s A Riddle: What happens to credit scores during a
May 24, 2021
Fintech? Good. Payments Processor? Bad.
This past Tuesday, REPAY (NASDAQ: RPAY), the integrated payments processor based in Atlanta, GA, announced its acquisition of Scottsdale, AZ-based BillingTree from Parthenon Capital for approximately $503M in stock and cash.
May 17, 2021
Inflation Is Here! Headlines Are Misleading.
This article is part of Wellesley Hills Financial’s Market Movements series, found in our weekly newsletter. The U.S. Bureau of Labor Statistics released Consumer Price Index (CPI)
May 17, 2021
Square’s Surprise Earnings
This article is part of Wellesley Hills Financial’s Market Movements series, found in our weekly newsletter. Square released earnings last Thursday, beating analyst projections by 250%
May 10, 2021
Fidelity, Schwab Signal Wealthtech M&A Explosion
The numbers are staggering. On Wednesday, Fidelity Investments reported that for the 1st quarter of 2021 it added 4.1 million new accounts, up roughly 160% from the same
May 10, 2021
Fintech Is For The Children
April 27th marked an important milestone in the Youth Banking sector of the FinTech market, with Greenlight, Current, and Step raising an aggregate of $580
May 4, 2021
Enter The Roaring 20’s
This article is part of Wellesley Hills Financial’s Market Movements series, found in our weekly newsletter. March turned out to be a gangbuster month for consumer
April 26, 2021