Tag: Peter Thiel
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Wise: Share Price Went South After The CFO Departure!
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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…
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Investor Peter Thiel Earned Billions With Bitcoin & Co.
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Peter Thiel is one of the most controversial investors in Silicon Valley. The circumstances of his sudden exit from Bitcoin are unlikely to change that. Founders Fund, the venture capital firm co-founded by the German-born billionaire, earned around $1.8 billion in recent years by exiting the crypto market promptly, according…
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BaFin-Licensed FinTech Moss Lays Off 70 Employees And Implements Hiring Freeze!
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Corporate credit card provider and licensed e-Money Institution Moss is laying off about 70 employees, representing 15% of its workforce. Founder Ante Spittler confirmed this when asked, saying the employees would be offered severance compensation that “deliberately exceeds the legal minimum.”
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Former Austrian Politician Koestinger Appointed CEO At Mountain-View Data!
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The fund and financial data provider Mountain-View Data, which works not only with ESG data but also with data on cryptocurrencies is the new entrepreneurial home of former Telecom and Austrian Agriculture Minister Elisabeth Koestinger. The latter left politics in May 2022 as one of the closest confidants of former…
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Despite Klarna Crisis: Buy-Now-Pay-Later Fintech Mondu Secured $43 Million!
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While the fintech industry is preparing for a hard landing after the booming years, Berlin-based Mondu secured $43 million. This is the second-largest fintech funding this year right behind the €75 million credit card startup Moss received in January. As Mondu announces, Peter Thiel’s Valar Ventures is leading the round…