Stay ahead in fintech — Weekly insights, deals, and updatesGet Updates

Browsing: Market Rumors

Bkfm1zz0j 0 53 2001 1127 0 Large.jpg
Rumors about the death of fintech are exaggerated

December 3, 2024

Fintech, more than any other industry, is influenced by macroeconomic trends. But the current investment slowdown is largely a market correction, presenting an excellent opportunity for growth in the fintech sector, writes Ronen Assia, managing partner of Team8 and co-founder of eToro.

648327.png
State Street studies acquisition of Société Générale Securities Services: report

December 1, 2024

State Street, a financial services group, is reportedly exploring the potential acquisition of Société Générale Securities Services, the securities and custody business of French mobility banking and leasing conglomerate Société Générale, according to early reports from Bloomberg. Sources close to the matter were cited in the Bloomberg article on Wednesday, April 17. According to the

Robinhood.jpg
Robinhood VP quashes stablecoin launch rumors

November 29, 2024

Johann Kerbrat, vice president and general manager of Robinhood Crypto, shut down recent rumors that the fintech giant was considering launching its own stablecoin. Kerbrat told Decrypt in an interview on September 30 that Robinhood has no active plans to explore the development of a stablecoin. Kerbrat said: “At this point, we have no immediate

Nuvei Acquisition.jpg
Nuvei close to entering into buyout agreement with Advent

November 28, 2024

Canadian Financial Technology Nuvéi reportedly about to be acquired by a private equity firm International Advent. The payments processor, backed by actor/investor Ryan Reynolds, is in advanced discussions with Advent, the Wall Street Journal (WSJ) reported Sunday, March 17, citing sources familiar with the matter. The WSJ noted that Nuvei's $3 billion market capitalization would

Https3a2f2fsubstack Post Media.s3.amazonaws.com2fpublic2fimages2f4e4c57e4 21f6 4e9f Ae19 C74c6.jpeg
Why did the price of Bitcoin fall after the ETF launch?

November 27, 2024

The biggest fintech event of 2024 so far is, without a doubt, the approval of 11 spot BTC ETFs on January 10. This marks a milestone in the history of digital assets, following years of turbulent battles between the SEC, asset managers and the industry. advocates and investors. However, this historic event did not cause

Img 4463 1.jpg
Boston venture capitalists are happy that HubSpot remains an independent company

November 25, 2024

For months, rumors persisted that Google, and perhaps others, were interested in purchasing HubSpot, a Boston-based CRM and marketing software company. HubSpot's market capitalization exploded as the rumors persisted, eventually reaching over $30 billion. But this week, Bloomberg may have finally put an end to this madness by announcing that the parties separated without agreement.

Gettyimages 1252575401 3b9ef0 E1723803409483.jpg
British neobank Revolut valued at $45 billion after its sale on the secondary market

November 25, 2024

Revolution confirmed a new valuation of $45 billion via a secondary market share sale, shortly after the British neobank obtained its own banking license in the United Kingdom and Mexico. This news positions Revolut as one of the most valuable private technology companies in Europe. Founded in London in 2015, Revolut is one of the

Fintech 20241029100624.jpg
FinTech: build institutions first, disrupt them later - Banking & Finance News

November 22, 2024

– By Bikash Narayan Mishra THE Financial Technology industry expected to disrupt the financial services industry. Through innovative technology, these new-age companies aim to provide more accessible financial products, low-cost deliveries and payment solutions. However, disruption cannot come at the expense of regulation. In recent days, the Reserve Bank of IndiaThe precise and targeted actions