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eToro Hones In On $1B Funding As SPAC Plans Setback
Tuesday, May 24, 2022 - 5:44pm | 186eToro is targeting a $1 billion funding round. The development comes as the social trading and investment network looks to circumvent its stalled attempt to go public. The firm was looking to list via a merger with blank-check company FinTech Acquisition Corporation V (NASDAQ: FTCV). Why Is This...
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Freetrade Bags New Round After What CEO Says Was 'Peak' Of Public Market
Tuesday, May 24, 2022 - 12:18pm | 145Freetrade, a European commission-free trading app for globally-listed stocks and ETFs, announced the raise of about $38 million (£30 million) in debt, which it will convert later to equity. Why It Matters: To bolster post-pandemic innovation after “the peak of the public markets,...
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Fintech Focus For April 7, 2021
Tuesday, April 6, 2021 - 6:46pm | 2410Quote To Start The Day: An unexamined life is not worth living. Source: Socrates One Big Thing In Fintech: Fidelity Investments, Square Inc. and several other financial firms are forming a new trade group that aims to shape the way bitcoin and other cryptocurrencies are regulated. Source: WSJ...
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Fintech Focus For March 24, 2021
Tuesday, March 23, 2021 - 5:37pm | 1742Quote To Start The Day: Before anything else, preparation is the key to success. Source: Alexander Graham Bell One Big Thing In Fintech: M1 is staking its claim as an alternative to the gamification of investing popularized by apps like Robinhood but also an alternative to traditional asset...
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Fintech Focus For December 4, 2020
Thursday, December 3, 2020 - 8:49pm | 2010Quote To Start The Day: One can look at a SPAC as the reverse of a traditional IPO. A SPAC goes public first—usually with a highly regarded executive team able to raise money from large institutional investors—with the intent to acquire a private company to put in its shell within...
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Fintech Focus For October 5, 2020
Sunday, October 4, 2020 - 4:10pm | 1727Quote Of The Day: The only real prison is fear, and the only real freedom is freedom from fear. - Aung San Suu Kyi Fintech Movers: With COVID-19 and remote work causing many people to reconsider where they live, cities like Austin, Denver and Salt Lake City have increasingly come into the...
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European Broker Freetrade Realizes Exponential Growth, Adds New Features
Sunday, October 4, 2020 - 10:43am | 622Benzinga will be holding its annual Benzinga Global Fintech Awards, a day of dealmaking, networking, and recognition in the financial technology space, on Nov. 10, 2020. In recognition of those disruptive innovators creating positive and diverse change within the financial services space...
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Fintech Focus For September 4, 2020
Thursday, September 3, 2020 - 7:28pm | 2158Quote Of The Day: The supreme art of war is to subdue the enemy without fighting. - Sun Tzu Fintech Movers: By eliminating the need for a trust-based model, Bitcoin is calling into question the current foundation of economic organizations and is paving the way for a more predictable financial...
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Freetrade Announces Next Crowdfunding Round
Thursday, April 23, 2020 - 3:54pm | 386Freetrade, a European commission-free trading app for globally-listed stocks and ETFs, announced it will be opening a crowdfunding campaign. This comes as the firm witnessed a 500% increase in accounts opened over a one-year period. In a release on the matter, company representatives stated:...
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Freetrade Hones In On Tax-Advantaged Accounts, Long-Term Investors: 'Better Returns'
Friday, February 7, 2020 - 5:43pm | 427Freetrade, a commission-free trading app for stocks and ETFs, has rolled out a new platform targeting long-term investors. Freetrade’s co-founders, Viktor Nebehaj and Adam Dodds, spoke with Benzinga about the platform. What Is Freetrade? Freetrade is a fee-free fractional trading application...