December 7, 2024
FortuneIntel Stock Rises Following Announcement of Apollo Investment Offer Apollo's offer comes shortly after news that rival chipmaker Qualcomm has approached Intel to explore an acquisition friendly..September 23, 2024
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.
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
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
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
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
November 25, 2024
TechCrunch founderByju, ousted by shareholders, insists he's still CEOByju Raveendran, the founder of eponymous edtech group Byju's, told employees Saturday that he continues to remain CEO of….24 February 2024
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.
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
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
November 21, 2024
Outlook BusinessSebi approves uniform approach for checking market rumorsIn addition, promoters, directors, key management personnel and senior management must provide timely responses to the listed entity for….March 16, 2024
November 16, 2024
Nigerian policymakers put out fires this week, responding to threats to take down WhatsApp and denying any approval of mobile rate increases in the West African country. On the first point, the Federal Competition and Consumer Protection Commission (FCCPC) has criticized instant messaging service WhatsApp's claims that it may leave Nigeria after its parent company,
