Showing 121 to 132 of 223 results
HSBC to Close Zing App, Resulting in 400 Job Losses
HSBC, Europe's largest bank, is closing its mobile cross-border payments app, Zing, resulting in approximately 400 job losses due to a strategic review prioritizing cost-cutting and focusing on core business areas where it has a competitive advantage. The app failed to compete effectively against fi...
HSBC to Close Zing App, Resulting in 400 Job Losses
HSBC, Europe's largest bank, is closing its mobile cross-border payments app, Zing, resulting in approximately 400 job losses due to a strategic review prioritizing cost-cutting and focusing on core business areas where it has a competitive advantage. The app failed to compete effectively against fi...
Progress
36% Bias Score
European VC Investment Dips Despite AI Boom and Exit Surge
European venture capital investment totaled less in 2024 than in 2023, despite larger average deals, due to fewer deals; however, AI investment boomed to €14.6 billion, and exits increased, creating cautious optimism for the future.
European VC Investment Dips Despite AI Boom and Exit Surge
European venture capital investment totaled less in 2024 than in 2023, despite larger average deals, due to fewer deals; however, AI investment boomed to €14.6 billion, and exits increased, creating cautious optimism for the future.
Progress
44% Bias Score
Dutch Government Unable to Ban "Buy Now, Pay Later" Services Before 2026
The Dutch government urged, but cannot yet ban, "buy now, pay later" services in stores before 2026 EU regulations, prompting Klarna to add an information screen and explore a credit opt-out feature to address debt concerns among vulnerable groups.
Dutch Government Unable to Ban "Buy Now, Pay Later" Services Before 2026
The Dutch government urged, but cannot yet ban, "buy now, pay later" services in stores before 2026 EU regulations, prompting Klarna to add an information screen and explore a credit opt-out feature to address debt concerns among vulnerable groups.
Progress
56% Bias Score
Freetrade Acquisition Underscores Fintech Market Correction
The 160 million GBP acquisition of the UK-based fintech company Freetrade by IG Group reflects the post-ZIRP market correction in fintech, where incremental innovation yields lower exit valuations compared to previous years, as exemplified by the stark difference between Freetrade's 5.8x revenue mul...
Freetrade Acquisition Underscores Fintech Market Correction
The 160 million GBP acquisition of the UK-based fintech company Freetrade by IG Group reflects the post-ZIRP market correction in fintech, where incremental innovation yields lower exit valuations compared to previous years, as exemplified by the stark difference between Freetrade's 5.8x revenue mul...
Progress
48% Bias Score
Buffett's Crypto Contradiction: Berkshire Hathaway Profits from Nubank's Cryptocurrency Success
Warren Buffett's Berkshire Hathaway holds \$1.179 billion in Nubank stock, a digital bank offering cryptocurrency trading, despite Buffett's public criticism of crypto; Nubank's stock surged 27 percent in 2024, and its crypto platform, Nucripto, gained 1 million users in its first month.
Buffett's Crypto Contradiction: Berkshire Hathaway Profits from Nubank's Cryptocurrency Success
Warren Buffett's Berkshire Hathaway holds \$1.179 billion in Nubank stock, a digital bank offering cryptocurrency trading, despite Buffett's public criticism of crypto; Nubank's stock surged 27 percent in 2024, and its crypto platform, Nucripto, gained 1 million users in its first month.
Progress
56% Bias Score
eToro Files for $5 Billion US IPO
Israeli online trading platform eToro confidentially filed for a $5 billion US IPO with the SEC, aiming for a second-quarter 2025 launch led by Goldman Sachs, Jefferies, and UBS, following a previous failed attempt and recent regulatory challenges.
eToro Files for $5 Billion US IPO
Israeli online trading platform eToro confidentially filed for a $5 billion US IPO with the SEC, aiming for a second-quarter 2025 launch led by Goldman Sachs, Jefferies, and UBS, following a previous failed attempt and recent regulatory challenges.
Progress
40% Bias Score
SoFi Exceeds Q3 Expectations Amidst Analyst Uncertainty
SoFi, a financial services platform, exceeded Q3 2024 revenue and earnings expectations, reporting $697 million in revenue and 5 cents GAAP EPS, while its customer count grew by a third to over 10 million; however, its stock price, at $18.10, remains below its peak, and analysts have mixed views on ...
SoFi Exceeds Q3 Expectations Amidst Analyst Uncertainty
SoFi, a financial services platform, exceeded Q3 2024 revenue and earnings expectations, reporting $697 million in revenue and 5 cents GAAP EPS, while its customer count grew by a third to over 10 million; however, its stock price, at $18.10, remains below its peak, and analysts have mixed views on ...
Progress
44% Bias Score
European Venture Capital Investment Dips Despite AI Boom
European venture capital investments decreased in 2024 to 9,600 deals from 11,408 in 2023, despite increased individual deal values, driven by a boom in AI investments (€14.6 billion) and a rise in venture debt (€17.2 billion).
European Venture Capital Investment Dips Despite AI Boom
European venture capital investments decreased in 2024 to 9,600 deals from 11,408 in 2023, despite increased individual deal values, driven by a boom in AI investments (€14.6 billion) and a rise in venture debt (€17.2 billion).
Progress
16% Bias Score
Dutch Government Urges Halt to In-Store "Buy Now, Pay Later" Expansion
The Dutch government urges, but cannot ban, "buy now, pay later" services in stores before 2026 EU regulations, expressing concern for vulnerable consumers while Klarna adds information screens and explores an opt-out feature.
Dutch Government Urges Halt to In-Store "Buy Now, Pay Later" Expansion
The Dutch government urges, but cannot ban, "buy now, pay later" services in stores before 2026 EU regulations, expressing concern for vulnerable consumers while Klarna adds information screens and explores an opt-out feature.
Progress
52% Bias Score
Qomodo Secures €48 Million in Funding, Showcases 500% Growth
Italian fintech startup Qomodo, specializing in "buy now, pay later" solutions for emergency expenses, secured €48 million in funding, achieving a 500% customer growth in one year, now supporting 2,500 merchants.
Qomodo Secures €48 Million in Funding, Showcases 500% Growth
Italian fintech startup Qomodo, specializing in "buy now, pay later" solutions for emergency expenses, secured €48 million in funding, achieving a 500% customer growth in one year, now supporting 2,500 merchants.
Progress
44% Bias Score
Nubank Explores U.K. Relocation for Global Expansion
Nubank, Latin America's most valuable digital bank with $55 billion market cap, is considering moving its legal base to the U.K. to expand globally, driven by discussions with the British government and a more favorable U.S. regulatory environment under President Biden.
Nubank Explores U.K. Relocation for Global Expansion
Nubank, Latin America's most valuable digital bank with $55 billion market cap, is considering moving its legal base to the U.K. to expand globally, driven by discussions with the British government and a more favorable U.S. regulatory environment under President Biden.
Progress
48% Bias Score
Stuttgart Stock Exchange: Crypto Demand to Surge Under Trump, EU Regulations
The Stuttgart Stock Exchange predicts surging cryptocurrency demand due to a US administration perceived as crypto-friendly and new EU regulations governing crypto trading and custody, expecting user growth to reach 100-150 million by the end of the decade and a more mature market.
Stuttgart Stock Exchange: Crypto Demand to Surge Under Trump, EU Regulations
The Stuttgart Stock Exchange predicts surging cryptocurrency demand due to a US administration perceived as crypto-friendly and new EU regulations governing crypto trading and custody, expecting user growth to reach 100-150 million by the end of the decade and a more mature market.
Progress
48% Bias Score
Showing 121 to 132 of 223 results