Category: Uncategorized
-
Prometheum Ember Capital Is First SEC Qualified Crypto Custodian!
•
Bang for the buck in the US. The first crypto company has received a license under SEC requirements. The press release states that a crypto startup has received its first license under Securities and Exchange Commission (SEC) regulations.
-
Wise: Share Price Went South After The CFO Departure!
•
It was one of the most highly valued startups in Europe. Wise, previously known as Transferwise, was listed on the London Stock Exchange in July 2021. Now there are personnel changes. Shares in fintech company Wise fell almost ten percent this week after it was announced that CFO Matt Briers…
-
Solaris Is Facing A 50 Million Financing Round – Equity Is Urgently Needed!
•
German fintechs are increasingly attracting the interest of venture capitalists again. Now, Berlin-based Solaris is on the verge of a new financial injection with a financing round soon, raising a mid-double-digit million amount – about €50 to 60 million from existing investors.
-
Fintech Geopagos Expands Its Operations In Latin America!
•
LATAM fintech company Geopagos has added Paraguay as the 16th country in which it will operate in the LATAM region. This is part of an aggressive expansion plan that has been exponential in recent years and has been supported since the second half of 2022 by a first investment round…
-
Struggling Swiss Fund Operator GAM Loses Independence!
•
After years of struggling against cash outflows and another year of weak business figures, the Swiss fund company GAM is losing its independence. The British Liontrust Asset Management will take it over. Liontrust is offering 107 million francs in its shares for GAM, the two companies said Thursday. GAM’s board…
-
Ryan Reynolds Gets Into Financial Technology With His Latest Investment!
•
Less than a month after making a fortune selling Mint Mobile for $1.35 billion to wireless giant T-Mobile, Hollywood heavyweight Ryan Reynolds is announcing his next move as an entrepreneur: an investment in Nuvei, a Canadian fintech company.
-
Silicon Valley VC “Party Animal,” Faces Fraud Charges Again!
•
Mike Rothenberg, the venture capitalist once dubbed Silicon Valley’s “party animal,” faces trial again after a jury failed to reach a verdict last year on charges that he lied to banks about his wealth to obtain loans and defrauded investors. Rothenberg is accused of fraudulent conduct and misrepresentation, which prosecutors…
-
Swedish Startup Financier Comes To Germany!
•
ArK Kapital is expanding into Germany. The Swedish fintech provides loans of up to ten million euros to startups. Mariam Koorang manages the German business, which currently has five employees in Berlin.
-
Treasury Secretary Yellen Convenes Unscheduled FSOC Meeting!
•
U.S. Treasury Secretary Janet Yellen will chair a closed-door meeting of the Financial Stability Oversight Council (FSOC) on Friday, media reports said, citing a statement from the department.
-
Greed Is Good? Multi-Million Farewell-Package For DWS Executive!
•
Investment banking has always been known for super-high pay for its executives. Even when they were often not successful. Bankers are greedy. Take the DWS executive Asoka Wöhrmann, for example. He received an €8.15 million farewell package for an allegedly voluntary departure in the shadow of greenwashing suspicions.