Fintech Focus For December 13, 2021

One Big Thing In Fintech: Understanding the fundamentals of a publicly-listed company can help with making more informed investment decisions.

Still, many fail in conducting any due diligence before they hit the trigger to buy or sell.

That’s according to Martin Migge, the CEO and co-founder at Valuu.io, a stock research and portfolio management fintech helping investors determine the fair value of publicly-listed companies, with ease.

In light of the firm’s recent growth, Benzinga spoke with Migge.

Source: Benzinga

Other Key Fintech Developments:

• GS CEO on fintech valuations. GS
• Mambu added $266M in raise.
• Palantir eyes the fintech space.
• Voyager, CoinLedger team up. VYGVF
• Coinbase funds new ventures. COIN
• ICE expands alternative data. ICE
• Better.com CEO takes time off. 
• Analysis: Networks in finance.
• Slingshot adds $15M Series A.
• FTX gained ISDA membership.
• Earnt secures funds to launch.
• AXA IM completes DLT trade. AXAHY
• Lydia secures $100M for app.
• AscendEX is hacked for $78M.
• RQD will revolutionize clearing.
• Scotiabank, BestEx build tech.
• FXall connected to ForexClear.
• Even, America Saves partner.
• Central banks eye RTP growth.
• WhatsApp intros a crypto pilot.
• Monzo has hit $4.5B valuation.
• Passbase adds $13.5M round.
• Credible bought Young Alfred.
• Meet the AWS of crypto space.
• Tipalti taps funds at $8B value.

Watch Out For This: This past summer, Mind Medicine (MindMed) Inc MNMD, a medicine biotech in the psychedelics sector, announced the departure of co-founder and CEO J.R. Rahn.

In learning more about the changes that have taken place since, Benzinga spoke with Robert Barrow, the firm’s chief development officer, who took the role of CEO after Rahn.

Source: Benzinga

Interesting Reads:

• A big opportunity: cremations.
• 2022 top banking predictions.
• The future looking more frugal?
• Crypto execs seek regulation.
• Merger of Tinder, online hiring.
• BOA looking to hire about 5K. BAC
• Tokens shaking up computing.

Market Moving Headline: The Treasuries yield curve -- or the spread between short-term and long-term interest rates -- looks set to be the flattest at the beginning of a Fed tightening cycle in a generation if the central bank begins raising its benchmark overnight rate in mid-2022 as now forecast. The two-year, 10-year spread is about 83 basis points, with futures indicating 55 basis points in June.

Source: Bloomberg