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Lithuania And The Baltic States Guarding Against Inflation And Boosting Economic Growth
Monday, February 13, 2023 - 11:28am | 934Baltic States like Lithuania are converging with their peers in Europe, despite suffering from high inflation in the post-COVID era. Reports point to wages doubling in Lithuania since the country joined the European Union, while consumer prices are up about 40% over the same period. Benzinga...
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Latin America's Public.com Sproutfi Onboards Passfolio's Client Portfolio In Brazil
Monday, October 24, 2022 - 10:10am | 327Sproutfi announced the acquisition of Passfolio’s client portfolio in Brazil. From hereon, the investing social network will provide Passfolio clients with a platform for investing in the US. Investing in stocks and ETFs will be transparent, and come at no cost. DriveWealth will continue to...
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EXCLUSIVE: The Market Signal That Makes DriveWealth's Jay Woods 'Cautious'
Tuesday, August 30, 2022 - 4:20pm | 662Listeners of Tuesday’s "PreMarket Prep" show were treated to a very informative interview covering both technical and functional aspects of the market with Jay Woods. He's the chief market strategist at DriveWealth as well as a New York Stock Exchange executive...
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EXCLUSIVE From Bitcoin 2022: DriveWealth Iterates Embedded Investing Experiences
Tuesday, April 19, 2022 - 12:26pm | 1391Detroit-based Benzinga, a media and data provider bridging the gap between retail and institutional investors, sent its team to Miami, Florida April 6-9, for Bitcoin 2022. During that time, Benzinga sought to recognize the latest innovation in digital assets, and spoke with founders, investors...
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Hisa's Plan To Democratize Low-Cost US, Kenyan Stock Market Investing For Africans
Monday, March 14, 2022 - 3:08pm | 682Beyond engagement, stock markets can offer a store of value. That’s according to Erick Asuma, cofounder and CEO at Hisa Inc, Africa’s first wealth management platform that makes investing social and which launched earlier this year. Benzinga spoke with Asuma to learn more about how...
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DriveWealth Completes Crypto-Systems Acquisition, Launches 2 Subsidiaries
Monday, February 7, 2022 - 2:31pm | 353DriveWealth, a global trading technology provider, formally announced the acquisition and launch of two wholly-owned subsidiaries, DriveLiquidity and DriveDigital. What Happened: As part of a mission to democratize investing in the U.S. stock market and emerging markets at low cost, DriveWealth...
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Money20/20 Special: DriveWealth CIO Talks Post-Pandemic Visions, Expansion
Monday, November 1, 2021 - 8:55am | 578Money20/20’s latest in-person conference was held Oct. 24-27 at The Venetian Resort in Las Vegas, Nevada. Amidst all the recognition and networking, Benzinga had the opportunity to speak with Harry Temkin, the chief information officer at DriveWealth, a pioneer in fractional...
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Fintech Focus For July 22, 2021
Wednesday, July 21, 2021 - 5:36pm | 2089Quote To Start The Day: “Know thy self, know thy enemy. A thousand battles, a thousand victories.” Source: Sun Tzu One Big Thing In Fintech: Adena Friedman, president and chief executive of Nasdaq, says the firm sees a huge opportunity from spinning out Nasdaq Private Market into a...
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Fintech Focus For April 5, 2021
Sunday, April 4, 2021 - 9:35pm | 2002Quote To Start The Day: If you really look closely, most overnight successes took a long time. Source: Steve Jobs One Big Thing In Fintech: JPMorgan issued a note Thursday that bitcoin could fetch a long-term price of $130,000 if its volatility continues to decline. Source: Coindesk Other Key...
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Fintech Focus For January 26, 2021
Monday, January 25, 2021 - 7:54pm | 2086Quote To Start The Day: The greatest wealth is to live content with little. Source: Plato One Big Thing In Fintech: In financial services, the concept of “know your customer” (KYC) is at the heart of establishing trusted relationships with clientele and strategic partners, while...
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Fintech Spotlight: How Chaka Unlocks Global Investment Opportunities For Africans
Tuesday, December 1, 2020 - 5:55pm | 667The digitization of financial markets in Africa will continue to accelerate as local investors seek diversified access to higher-yield financial products. That’s according to Chaka founder and CEO Tosin Osibodu, who suggests investors are yearning for ways to hedge against the effects of...
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Fintech Focus Roundup For October 31, 2020
Saturday, October 31, 2020 - 8:59am | 2108Robinhood Makes It Easier To Track Performance The Nitty-Gritty: As part of a vision to democratize finance for all, Robinhood introduced high-yield savings accounts, fractional and recurring investments in U.S.-listed stocks and ETFs, as well as cryptocurrency and options trading. To make it...
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DriveWealth Secures $56.7M Series C To Pursue Strategic Growth Initiatives
Wednesday, October 28, 2020 - 11:23am | 391DriveWealth, a global trading technology provider, announced a $56.7-million Series C this week to strengthen its technology, make acquisitions and scale its business. The funding round was led by Point72 Ventures, SBI Holdings, Route 66 Ventures, Mouro Capital and Fidelity International...
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Fintech Focus For October 28, 2020
Tuesday, October 27, 2020 - 5:52pm | 2346Quote Of The Day: Life is a long lesson in humility. - James M. Barrie Fintech Movers: UBS Group AG plans to invest $200 million of its own money in fintech companies over the medium term in a push to further digitize its services and find new ways to engage with clients. - Bloomberg Benzinga...
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Get To Know Your Benzinga Global Fintech Awards Nominee: DriveWealth
Thursday, August 20, 2020 - 11:14am | 482DriveWealth is a B2B fintech solutions company that aims to make investing easy. The company offers a cloud-based, API-driven brokerage infrastructure that enables firms to offer fractional share investing and other brokerage features to clients. Here’s a rundown of the...