Fintech - Spark Newswire

1 minute read

AI-Driven Asset Management Startup, Catapulted To Fame By Tesla Trades, Raises $146M From SoftBank

January 14, 4:23 AM

Artificial intelligence-focused fintech group Qraft Technologies Inc. said it has received a $146 million investment from Japanese conglomerate SoftBank Group Corp. (OTC: SFTBY).

AMOM

3 minute read

How The Net Asset Value Is Still In Place For SPACs With Terminated Deals

By Chris Katje

January 12, 7:53 PM

Along with the hundreds of announced SPAC mergers and closed deals in 2021 came a handful of SPAC deals that were terminated. Here’s a look at what it means for the SPACs that called off mergers.

AUS

3 minute read

As The Rush Of New Retail Traders Slows Down, Here’s How One Fintech Is Looking To Keep Investors Engaged

By Renato Capelj

January 12, 4:43 PM

The COVID-19 pandemic drew in a lot of new investors to the stock market. Some made money, some lost money, but most will likely continue to be engaged in markets.

NDAQ

2 minute read

Tesla Chart Shows A Breakout, Will It Be Another Fakeout?

By Tyler Bundy

January 12, 3:52 PM

Tesla Inc. (NASDAQ: TSLA) shares are trading higher Wednesday and appear to be breaking above pattern resistance. Holding over this level is key for the price to continue to keep pushing higher.

TSLA

2 minute read

MX Technologies Names Interim CEO Ahead Of Potential Sale, IPO

By Renato Capelj

January 11, 4:37 PM

Fintech MX Technologies has named Shane Evans as interim CEO as the company looks to prepare for an IPO or sale.

ALLY

1 minute read

Fintech

UBS Next Fund Invests In Digital Estate Planning Platform Trust & Will

By Renato Capelj

January 11, 4:22 PM

UBS Group AG’s (NYSE: UBS) $200 million UBS Next fintech initiative launched in 2020 has invested in Trust & Will, the operator of a digital estate planning platform.

UBS

4 minute read

EXCLUSIVE: Pico’s Jarrod Yuster On Building A Firm Critical To Smooth Functioning Markets

By Renato Capelj

January 11, 1:29 PM

What keeps a 12-year financial markets infrastructure entrepreneur up at night? It’s the fear of complacency and not having the wherewithal to keep up with innovation. “You can never get complacent,” Jarrod Yuster, the chairman, founder and co-CEO of Pico told Benzinga in an exclusive interview regarding a recent acquisition.

BAC

2 minute read

GM Teams Up With Goldman Sachs For Digital-Friendly Credit Card

By Rachit Vats

January 11, 6:30 AM

General Motors Co (NYSE: GM) on Monday launched a digital-friendly credit card with Goldman Sachs Group Inc’s (NYSE: GS) consumer banking platform Marcus

AAPL

1 minute read

Fintech

Multi-Asset Investment Platform eToro Adds Analyst Callie Cox

By Renato Capelj

January 10, 11:26 AM

eToro, a multi-asset investment platform, has appointed Callie Cox as investment analyst for the U.S. market.

ALLY

3 minute read

3 Biggest Career Lessons From The Director Of Consumer Products At Robinhood

By Aaron Bry

January 7, 2:45 PM

When Dheerja Kaur joined Robinhood Markets Inc (NASDAQ: HOOD) as its director of consumer products in April of 2020, she had no idea how good her timing was.

HOOD