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Kevin O'Leary-Backed WonderFi Celebrates Strong Revenue Growth, Financial Turnaround
2024 May 10, 3:33pm | 334WonderFi Technologies Inc. (TSX:WNDR) (OTCQB:WONDF), a regulated cryptocurrency trading and digital asset management company, defied the odds this week, kicking off its year with robust financial results. The company reported a revenue increase of 43.4% to $18.5 million and a net income of $4.9...
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A Bank Failure Each Week? Real Estate Mogul Barry Sternlicht Predicts Gloom From Loan Pressures: 'You're Going To See Cracks Develop Now'
2024 May 09, 7:40am | 612Barry Sternlicht, the CEO of Starwood Capital Group, expressed his concern about the U.S. real estate market and its potential impact on regional banks. Sternlicht predicts that the struggling real estate industry could result in a bank failure every week. What Happened: Sternlicht, a billionaire...
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With Deepfake Avatars And Tokens, AI Transforms Weed, Fintech And Real Estate Markets, CEO Explains How
2024 May 08, 11:54am | 1140Darius Bruner, CEO of 8blockchainfund, manages a turnkey special purpose vehicle (SPV) fund that uses AI technology to streamline business capital formation. In a detailed discussion, Bruner describes his journey from managing a $500 million cannabis fund to developing innovative web-based avatars...
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Will Higher Trading Volume Aid Coinbase in Q1 Earnings?
2024 May 02, 11:12am | 685Coinbase Global (NASDAQ: COIN) is set to report first-quarter 2024 earnings on May 2, after market close. The company delivered an earnings surprise in each of the last four reported quarters. Let's discuss the factors that are likely to be reflected in the upcoming quarterly results. Trading...
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Parrot Finance, The Patreon For Investing, Allows You To Mimic The Trades of Creators, Traders, Politicians, CEOs
2024 May 01, 6:30pm | 790About 80% of millennials and Gen Zers receive financial guidance from social media, which they credit with boosting their financial literacy and making discussions about money less taboo. Over 50% also report making money directly from this financial advice. But, not all influencers and traders...
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Bridgewater, Morgan Stanley Alum Makes Buying Bonds Easier With OpenYield, 'A Modern Marketplace'
2024 May 01, 3:42pm | 700While higher interest rates make bonds appealing, navigating the buying process may be challenging, especially for inexperienced retail investors. OpenYield emerges as a better way to capitalize on high interest rates. Founded by CEO Jonathan Birnbaum and CTO Hilton Lipschitz, this fixed-income...
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EXCLUSIVE: AI-Enabled Real Estate Platform Janover Officially Launches Insurtech Subsidiary
2024 Apr 30, 9:03am | 324On Tuesday, Janover Inc (NASDAQ:JNVR) announced that it has officially launched Janover Insurance Group Inc, its new insurtech subsidiary for commercial property insurance and more. The company also announces it has been granted insurance licenses in...
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Snapchat's Early Investor General Catalyst Plans To Raise $6B For Tech Startups In US, Europe And India Despite Funding Drought
2024 Apr 29, 3:11am | 639In a surprising turn of events, venture capital firm General Catalyst, an early investor of companies like Snap Inc., Stripe and Mistral, is on the brink of raising nearly $6 billion for tech start-up investments, despite the current fundraising drought in the sector. What Happened: General...
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Upwork Rises Higher Than Market: Key Facts
2024 Apr 24, 4:15pm | 499In the latest market close, Upwork (NASDAQ: UPWK) reached $11.37, with a +1.25% movement compared to the previous day. The stock exceeded the S&P 500, which registered a gain of 1.2% for the day. Meanwhile, the Dow gained 0.69%, and the Nasdaq, a tech-heavy index, added 1.59%. Shares of the...
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EXO Closes Chattanooga Office to Focus on Managed Transportation Tech
2024 Apr 24, 4:13pm | 402Open-deck transportation marketplace EXO Freight closed its Chattanooga, Tennessee, office Tuesday, laying off 19 employees, including a few from its spot brokerage team in Royal Oak, Michigan, who were mainly operations-focused, co-founder and CEO Kurtis Tryber told FreightWaves. Tryber said it...
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Public Acquires TradeApp Investment Accounts From Stocktwits, Users Gain Access To AI-Assisted Analysis
2024 Apr 18, 8:34am | 289This week, Public.com finalized its acquisition of TradeApp investment accounts. The development follows Stocktwits’ shift in focus to becoming the hub for online retail sentiment. Accordingly, tens of thousands of Stocktwits TradeApp brokerage customers will move to Public and gain access to...
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EXCLUSIVE: Janover's Fintech Platform Clocks 766% Growth in Lender Sign-Ups in 2023
2024 Apr 17, 8:30am | 350Janover Inc (NASDAQ:JNVR) announced that it achieved significant year-over-year growth in lenders on its fintech platform in 2023, providing borrowers access to a broad range of competitive loan products. In 2023, Janover noted a 766% growth in banking originator sign-ups, a...
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5 Financial Transaction Stocks to Watch Amid a Growing Digital Era
2024 Apr 15, 4:35pm | 1914The Financial Transaction Services industry is likely to be aided by the widespread adoption of digital means. To capitalize on the trend, the industry players remain equipped with efficient digital solutions suite built on collaborations and technology investments. Consumer spending habits remain...
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Embracing The Future: The Case For Virtual Cards In Business-To-Business Transactions
2024 Apr 12, 4:30pm | 634In the ever-evolving landscape of Business-to-Business (B2B) transactions, staying abreast of technological advancements is not just advantageous; it's essential for survival. As businesses navigate the complexities of modern commerce, one innovation stands out as a game-changer: virtual cards...
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AppTech CTO Says AI Can Be Used To 'Detect Unusual Activities,' Flag Fraud
2024 Apr 10, 12:32pm | 742Benzinga spoke with Mehrak Hamzeh, the chief technology officer of AppTech Payments Corp (NASDAQ:APCX), about the future of fintech. "Fraud prevention and AI are essential," Hamzeh says. "We can monitor behaviors, detect unusual activities like keystrokes or device orientation, flag anomalies, and...
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Fintech news covering the emerging Financial Technology services sector