Category: Uncategorized
-
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.
-
Credit Suisse Rejects UBS Takeover Bid!
•
Previously, UBS had offered one billion dollars for Credit Suisse, according to media reports. There should be a solution even before the stock exchanges open on Monday.
-
Bafin Chief Sees No Risk Of Contagion From U.S. Bankruptcy Turmoil!
•
The German Federal Financial Supervisory Authority (Bafin) is not very concerned about the bank failures in the U.S. for the German financial market.
-
Introducing One Of The Most Powerful Influencers In Payment Tech: Spiros Margaris!
•
Spiros Margaris acquired more than 127,000 followers on Twitter as a payment tech advisor and keynote speaker on insurtech, artificial intelligence, and fintech.