Finance
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Buy Now Pay Later Report: Market trends in the ecommerce financing, consumer credit, and BNPL industry
Do you work in the Payments & Commerce industry? Get business insights on the latest tech innovations, market trends, and your competitors...
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A former WorldQuant exec and Jefferies trader are launching a quant fund with a $1 billion portfolio. Here’s how they’re planning to avoid the pain that hit their peers in 2020.
Red Cedar is a new quant hedge fund run by former WorldQuant executive Alexander Chernyy and former Jefferies trader Christopher Dean. The...
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Revolut sets sights on full UK banking license to solve the profitability conundrum
Revolut is betting that the license’s deposit insurance will drive more customers to make Revolut their primary account. But the neobank still...
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The company behind ‘The Pomp Podcast’ is launching a ‘Bloomberg meets the Morning Brew for crypto’ news site to capitalize on the bitcoin boom
Blockworks — a financial media company that consists of a podcast network, events and a newsletter — is launching a news site...
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Amazon joins Airbnb, Marriott, and other US corporate giants in cutting off donations to Republican lawmakers who opposed Biden’s certification as president
Marriott and Citi have cut off donations to GOP lawmakers who objected to certifying Democrat Joe Biden as president. Marriott and Citi...
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Affirm is a breakout star of the buy now, pay later craze. Here’s why increased competition and fee pressure still pose significant threats for the fintech looking to go public with a $10 billion valuation.
Buy now, pay later startup Affirm filed an updated S-1 filing, signalling its intent to go public soon. The fintech, which was...
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Roblox’s U-turn from IPO to direct listing has rewritten what Wall Street bankers are making on the deal — and who gets credit
Video-game platform Roblox is forgoing an initial public offering in favor of a direct listing, requiring new roles from the six underwriters...
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Wall Street’s gatekeepers: These are the top 350 headhunters recruiting talent for banks, hedge funds, and private equity roles in trading, dealmaking, and investing
Recruiting for Wall Street gigs remains hypercompetitive, even amid the coronavirus pandemic. Strategic hiring perked up this summer as Wall Street settled into...
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575Oracle cofounder Larry Ellison scores $12 billion gain on his Tesla stock in under 3 years
Eric Charbonneau/Invision/AP; Mike Blake/Reuters Oracle cofounder Larry Ellison has scored a $12 billion gain on his Tesla investment. The technology billionaire bought...
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UK government fintech review to identify key areas to alleviate Brexit consequences
A UK government review is set to propose measures to support the country’s fintech sector and overcome Brexit-induced challenges. The review is...