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Cyber insurance startup Coalition acquires privacy assistant Jumbo

TechCrunch: M&A

Jumbo didn’t rely on APIs to control your online accounts. When the app loaded the settings page of your online accounts, it could see if you had turned on two-factor authentication on your Google and Facebook accounts. In 2019 and 2020, the company raised another $8 million in a round led by Balderton Capital.

Insurance 212
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What is the Accounting Equation? Explaining Assets = Liabilities + Equity

Peak Frameworks

The accounting equation is a fundamental concept in finance that every private equity professional, investment banker, and corporate , finance expert should be familiar with. In this article, we will explore the components of the accounting equation, its importance in finance, and real-world examples that illustrate its significance.

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Sales Return Journal Entry

Wall Street Mojo

Sales Return in terms of payroll journal entry can be defined as the one which shall be used to account for the customer returns in the books of account or to account for when there is a return of goods sold by the customer due to defective goods sold, or misfit in requirement of the customer, etc. read more is tallied.

Sale 98
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Wall Street loves this recent IPO with one analyst calling it the ‘social network trading platform’

CNBC: Investing

"We believe eToro's strength is in its 'social trading aspect' which is driving higher monetization per funded account. We see an opportunity to grow funded accounts by converting registered users, and through new expansion opportunities in Asia and U.S."

IPO 61
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CFTC orders Goldman Sachs to pay $5.5 million penalty for recordkeeping failures

The TRADE

The move follows one from November 2019, where the CFTC found that Goldman Sachs had failed to record the phone lines of a trading and sales desk for 20 calendar days between January and February 2014, following a software patch which caused its recording hardware to malfunction.

Trading 69
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How Razorpay Helped Slow Moto Tours Build Global Trust

Razorpay

In 2019, after nearly two decades in the corporate world, Pratish decided to take a leap of faith. Hitting Bureaucratic Speed Bumps As a bootstrapped startup catering to international clients, Slow Moto Tours needed more than just a current account—they needed trust. Setting up a company account proved to be a long and tedious process.

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Fiscal Quarter

Wall Street Mojo

Suppose the company chooses the fiscal year to be the same as the calendar year, then what will be the fiscal quarters and the fiscal year 2019? The company wishes to keep both the calendar year and fiscal year separately and decided to start the fiscal year on July 01, 2019.