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Mark Cuban-Backed Banking App Dave Gets SPAC Deal: What Investors Should Know
Monday, June 7, 2021 - 9:38am | 491A banking app with 10 million customers announced a SPAC deal Monday. The SPAC Deal: Dave announced a SPAC deal with VPC impact Acquisition Holdings III (NYSE: VPCC), valuing the former at a pro forma equity value of $4 billion. A PIPE of $210 million was led by Tiger Global Management, Wellington...
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Fintech Focus For February 4, 2021
Wednesday, February 3, 2021 - 7:32pm | 1893Quote To Start The Day: We can do anything we want to do if we stick to it long enough. Source: Helen Keller One Big Thing In Fintech: Seedrs and Crowdcube were created as forward-thinking Fintechs leveraging technology to match investors with private firms in a sector traditionally dominated by...
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Fintech Focus For August 3, 2020
Monday, August 3, 2020 - 11:46am | 1830Daily Perspective: Stay hungry, stay foolish. - Steve Jobs Fintech Movers: The ECB says EU financial institutions have an over-optimistic view of their IT resilience and resistance to cyber threats. - Finextra US fintech funding on pace to excel. Tradeweb calls on Nasdaq tech. Cuban-backed...
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How This Serial Entrepreneur Developed The App Millennials Use To Avoid Overdraft Fees
Tuesday, March 6, 2018 - 1:24pm | 1239Americans spent around $15 billion in overdraft fees in 2016, the most recent year for which data is available, according to the Consumer Financial Protection Bureau. That’s more than the total market cap of Macy’s Inc (NYSE: M), Dicks Sporting Goods Inc (NYSE: DKS), and J C Penney...