2/29/2020 1:34:11 AM Buzzy fintech startups that Wall Street is talking about By Faisal Kawar Less than two months into the year, it's already shaping up to be a banner year for dealmaking by financial firms — particularly for...
2/28/2020 4:11:04 PM Google partners with Flutterwave to train 5,000 SMEs to leverage online commerce By Faisal Kawar The initiative, known as 'Digital Business Compass', aims to provide a platform for the 37m SMEs to develop the skills to leverage online...
2/28/2020 3:59:33 PM Asset managers seek refuge in each other’s arms By Faisal Kawar For an industry that is facing downward pressure on fees, rising costs and clients reducing the number of asset managers they want to...
2/28/2020 3:58:25 PM Insurance app records driver as "speeding" despite being on the train - frustrating customers By Faisal Kawar Carrot Insurance uses phone data to measure journey length, acceleration and braking - but some say it often fails to work or wrongly...
2/28/2020 3:55:59 PM Klarna posts first ever annual loss By Faisal Kawar The Swedish "buy not and pay later" startup, and Europe’s joint-largest unlisted fintech, suffered its first-ever annual loss in 2019,...
2/28/2020 3:54:29 PM The Plaid ‘mafia’ begins with John Whitfield joining student loan fintech startup Summer By Faisal Kawar Whitfield is joining Summer as its head of engineering. He joined Plaid through the acquisition of portfolio company Quovo last year.
2/28/2020 3:52:07 PM Mastercard names new CEO By Faisal Kawar Effective at the beginning of 2021, Michael Miebach, Mastercard’s chief product officer, will succeed AJay Banga as CEO, who has served...
2/28/2020 3:41:51 PM New Vestwell infrastructure removes traditional record keepers from retirement plan administration By Faisal Kawar Portfolio company Vestwell has developed leading investing architecture and APIs to maintain records in-house on a digital database and...
2/27/2020 10:05:06 PM Do wine vintages even matter anymore? By Faisal Kawar With weather patterns changing in unexpected ways, premium winemakers, where vintage matters, are at risk of sub-par years. Mass-market...
2/27/2020 9:54:29 PM How bond, stock, bitcoin, and copper markets are reacting to coronavirus By Faisal Kawar The US stock market was gaining earlier this year even as concerns about the epidemic intensified. That went into reverse on February 20,...
2/27/2020 8:12:36 PM Reddit’s Profane, Greedy Traders Are Shaking Up the Stock Market By Faisal Kawar The do-it-yourself traders of r/WSB are waging a kind of guerrilla warfare in the markets, trying to exploit what they see as weaknesses...
2/27/2020 7:25:58 PM Intuit confirms that it is buying Credit Karma for $7.1b in cash and stock By Faisal Kawar Intuit - the software giant behind QuickBooks, TurboTax and Mint, confirmed that it plans to acquire Credit Karma — with more than 100...
2/27/2020 7:23:29 PM Jamie Dimon says ‘door is open’ for more US bank deals By Faisal Kawar JPMorgan is banned from buying other banks but will be ‘open minded’ about other businesses. JP Morgan's profits are up to $60bn in 2019.
2/27/2020 5:41:50 PM Goldman Sachs led a $55m funding round in South African fintech startup Jumo By Faisal Kawar South Africa based fintech platform for financial institutions and telecoms has raised $55m in debt and equity funding led by Goldman Sachs.
2/27/2020 5:26:23 PM Checkout.com acquires payment optimization startup ProcessOut By Faisal Kawar London based payment platform that raised a $230m Series A last year has acquired its first startup, ProcessOut, which has built a smart...
2/27/2020 5:12:02 PM Microverse, a Lambda School for the developing world, raised a $3.2m Series Seed By Faisal Kawar San Francisco based ISA online coding school for emerging markets raised $3.2m in Seed funding led by General Catalyst.