Sat.Feb 17, 2024 - Fri.Feb 23, 2024

article thumbnail

Nigerian digital bank FairMoney in talks to buy Umba in $20M all-stock deal, sources say

TechCrunch: M&A

FairMoney, a digital bank based in Lagos and headquartered in Paris, is in discussions to acquire Umba, a credit-led digital bank providing payroll and financial services to customers in Nigeria and Kenya, in a $20 million all-stock deal, sources tell TechCrunch. The move signals FairMoney’s interest in growing its customer base by expanding into more […] © 2024 TechCrunch.

Bank 268
article thumbnail

How to Meet the Letter, Spirit and Intent of the DOJ’s Evolving Compliance Program Expectations

JD Supra: Mergers

With any new administration, the U.S. Department of Justice (DOJ) often shifts focus from one set of enforcement priorities to another. However, one area has remained a focus from administration to administration: guidance and expectations related to corporate compliance programs.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Further Clarifications About Harlan’s Role

H. Friedman Search

I want to address questions I have received after making the announcement of our new affiliation with Core Wealth Search, in which I was hired as the President of this new and exciting recruiting company. In this week’s blog, I will be a bit off base from the instructional content that I try to share every week. Let me be very clear at the outset: my role as Head of Capital Markets Recruiting for H.

article thumbnail

Digital assets and traditional finance: Can two parallel lanes converge?

The TRADE

In the ever-evolving landscape of financial markets, the emergence of digital assets has resulted in a paradigm shift as conventional notions have been challenged and new players have emerged along with a reshaping of the way in which financial systems are perceived and interacted with. As the introduction of digital assets become increasingly common, their influence on traditional finance is becoming more notable, blurring the line between two seemingly separate, and arguably parallel, financia

Finance 130
article thumbnail

Navigating the Future: Generative AI, Application Analytics, and Data

Generative AI is upending the way product developers & end-users alike are interacting with data. Despite the potential of AI, many are left with questions about the future of product development: How will AI impact my business and contribute to its success? What can product managers and developers expect in the future with the widespread adoption of AI?

article thumbnail

Geospatial technology startup Nuview acquires Astraea to accelerate plans ‘years faster’ than imagined

TechCrunch: M&A

Sometimes, to move fast you don’t need to break things — you just need to acquire them. So it is with Nuview, a startup aiming to map the world from space using lidar, which announced today its acquisition of analytics platform Astraea. The terms of the deal were not disclosed. In a recent interview, Nuview […] © 2024 TechCrunch. All rights reserved.

More Trending

article thumbnail

Reddit will let users buy its IPO, but warns that they could make the stock riskier

CNBC: Investing

The social media company's S-1 filing revealed that some Reddit moderators and other users will be able to participate in the initial public offering.

article thumbnail

‘Most Wanted’ Man Pleads Guilty in Cyberattack That Upended Vermont Hospital

The New York Times: Banking

Vyacheslav Igorevich Penchukov, 37, of Ukraine, pleaded guilty in federal court for his role in two separate malware schemes that caused tens of millions of dollars in losses.

article thumbnail

Interior design startup Havenly acquires home décor retailer The Citizenry

TechCrunch: M&A

Online interior design startup Havenly is acquiring artisan home décor startup The Citizenry, the company announced today. The financial terms of the deal were not disclosed. Havenly says the acquisition is part of its efforts to build a collection of home brands that appeal to shoppers. The deal marks Havenly’s third acquisition in two years. […] © 2024 TechCrunch.

Retail 204
article thumbnail

Oncology dealmaking fuels biotech M&A

JD Supra: Mergers

Global spending on cancer medicines is set to reach US$375 billion by 2027, with innovation in drug discovery and development ramping up to meet rising demand. While the global biotech sector continues to grapple with elevated interest rates and plunging valuations, the oncology sector continues to attract dealmaker interest.

M&A 180
article thumbnail

Predictions You Can Rely On: How Data Drives Successful Financial Forecasting

Speaker: Robbie Bhathal, Founder & CEO, and Matthew Acalin, Head of Credit Intelligence

In today's volatile financial environment, how confident are you in your company’s financial forecasting? To get the most accurate cash predictions that will lead to long-term financial survival, real-time data is critical. Innovative cash management strategies can lead to better credit opportunities, more sustainable growth, and long-term financial prosperity.

article thumbnail

Top Wall Street analysts like these 3 stocks for long-term growth

CNBC: Investing

TipRanks' analyst ranking service pinpoints Wall Street's best-performing stocks, including Chipotle Mexican Grill and Meta Platforms.

Stock 120
article thumbnail

Why New York’s Plan to Give Migrants Debit Cards Came Under Fire

The New York Times: Banking

A pilot program in New York City to give migrant families debit cards to buy food became an easy target for right-wing critics. Here’s a quick explainer.

Food 126
article thumbnail

1Password expands its endpoint security offerings with Kolide acquisition

TechCrunch: M&A

1Password, the AgileBits-owned password management software developer, today announced that it has acquired Kolide, an endpoint security platform, for an undisclosed amount. According to 1Password CEO Jeff Shiner, Kolide founder and CEO Jason Meller and all of Kolide’s 30 employees will join 1Password “as an intact team.” Meller has taken on the role of VP […] © 2024 TechCrunch.

article thumbnail

Insurance Brokerage M&A: Key Regulatory and Deal Considerations Amid Continuing Consolidation and New Entrants in Hong Kong

JD Supra: Mergers

State of the Market in Asia - The insurance brokerage market has emerged from the challenging financial conditions and geopolitical headwinds of 2023 as a bright spot that demonstrates resilience and promises great growth potential.

Insurance 180
article thumbnail

How Embedded Analytics Gets You to Market Faster with a SAAS Offering

Start-ups & SMBs launching products quickly must bundle dashboards, reports, & self-service analytics into apps. Customers expect rapid value from your product (time-to-value), data security, and access to advanced capabilities. Traditional Business Intelligence (BI) tools can provide valuable data analysis capabilities, but they have a barrier to entry that can stop small and midsize businesses from capitalizing on them.

article thumbnail

Here's why investors should stop worrying so much about concentration risk in the market

CNBC: Investing

You may worry about it, but concentration has been a boon to index investors and to U.S. investors in general.

Investors 107
article thumbnail

Capital One Said to Be in Talks to Acquire Discover

The New York Times: Banking

The proposed deal would combine two of the largest credit card companies in the United States.

Capital 145
article thumbnail

Consolidation continues in micromobility as Cooltra snaps up Cityscoot

TechCrunch: M&A

Paris’ commercial court has accepted Cooltra’s offer to acquire Cityscoot. These two companies provide shared electric mopeds that you can unlock and ride to go from one place to another. Cityscoot had been placed under court-ordered receivership several months ago. As interest rates hovered around 0% in Europe, micromobility startups thrived. Europe became the perfect […] © 2024 TechCrunch.

Shares 195
article thumbnail

New PRC Company Law – Consultation Draft Clarifies Capital Contribution Requirements

JD Supra: Mergers

Following the introduction of amendments to the PRC Company Law (New Company Law), there were a number of uncertainties surrounding various issues including contribution of the Registered Capital. As discussed in our earlier Legal Update, the New Company Law envisaged detailed implementation measures to be formulated by the State Council clarifying how existing companies will be required to adapt to the new capital contribution requirements.

Capital 175
article thumbnail

Embedding BI: Architectural Considerations and Technical Requirements

While data platforms, artificial intelligence (AI), machine learning (ML), and programming platforms have evolved to leverage big data and streaming data, the front-end user experience has not kept up. Holding onto old BI technology while everything else moves forward is holding back organizations. Traditional Business Intelligence (BI) aren’t built for modern data platforms and don’t work on modern architectures.

article thumbnail

Using SD-WAN for securing distributed renewable energy

Cisco: M&A

Renewable energy is a rapidly growing segment of the energy industry. Technologies such as wind, solar, biomass, geothermal, and energy storage are now considered mainstream.

article thumbnail

5 senior UK tech jobs available this week

Growth Business

By Kirstie McDermott on Growth Business - Your gateway to entrepreneurial success Despite layoffs across the wider tech sector, the UK’s technology industry is in good shape, and is one of only three countries globally with a tech economy valued at over $1 trillion. In 2022, Britain’s tech industry was worth more than double that of Germany’s – and was almost five times larger than France and Sweden.

article thumbnail

Flipkart has weighed acquiring Reliance-backed instant delivery startup Dunzo

TechCrunch: M&A

Indian e-commerce giant Flipkart has held discussions in recent weeks about potentially acquiring Dunzo, the hyperlocal delivery startup backed by Reliance Retail, three sources familiar with the matter told TechCrunch. However, complexities surrounding Dunzo’s ownership structure have made it difficult for the two parties to reach an acquisition deal, according to two sources familiar with […] © 2024 TechCrunch.

Retail 188
article thumbnail

Anatomy of a Venture Financing

JD Supra: Mergers

Whether you’re a first-time founder or a serial entrepreneur, the process of obtaining venture funding can be complicated and confusing. Let’s look at the process of getting a venture financing to closing, and the primary deal documents you can expect to see along the way.

Finance 175
article thumbnail

How to Leverage AI for Actionable Insights in BI, Data, and Analytics

In the rapidly-evolving world of embedded analytics and business intelligence, one important question has emerged at the forefront: How can you leverage artificial intelligence (AI) to enhance your application’s analytics capabilities? Imagine having an AI tool that answers your user’s questions with a deep understanding of the context in their business and applications, nuances of their industry, and unique challenges they face.

article thumbnail

Data center capacity constraints could 'hurt' Nvidia's longer-term revenue, according to UBS

CNBC: Investing

Limited data center capacity could eventually impact Nvidia's revenue, perhaps more in 2026 rather than 2025, according to UBS analysts.

105
105
article thumbnail

The Real Deal About ZTNA and Zero Trust Access

Cisco: M&A

ZTNA hasn’t delivered on the full promise of zero trust Zero Trust has been all the rage for several years; it states, “never trust, always verify” and assumes every attempt to access the network or a… Read more on Cisco Blogs

IT 98
article thumbnail

Capital One Discover Deal: What to Know

The New York Times: Banking

Before two of the largest credit card companies in the United States can complete a $35 billion deal, they’ll face an uphill battle with regulators.

Capital 102
article thumbnail

Miami Bound: See You There February 2024 - Financing Management Fees

JD Supra: Mergers

The primary purpose of a capital call facility is to provide bridge financing to a fund borrower that may be drawn upon, in lieu of calling capital, to make investments in accordance with the fund’s business purpose. In addition to providing a fund borrower with a readily available source of credit to quickly fund investments, a capital call facility also provides a fund borrower with the ability to leverage the fees and expenses of the partnership.

Finance 170
article thumbnail

Embedded Analytics Insights for 2024

Organizations look to embedded analytics to provide greater self-service for users, introduce AI capabilities, offer better insight into data, and provide customizable dashboards that present data in a visually pleasing, easy-to-access format. To better understand the factors behind the decision to build or buy analytics, insightsoftware partnered with Hanover Research to survey IT, software development, and analytics professionals on why they make the embedded analytics choices they do.

article thumbnail

Nvidia's blowout earnings could fuel interest in this 'Magnificent Seven' ETF

CNBC: Investing

The Roundhill Magnificent Seven ETF (MAGS) is seeing inflows and higher trading volume after a switch to better reflect the market's current trend.

Trading 101
article thumbnail

From childhood curiosity to Cisco’s FIFA Women’s World Cup all-female Dream Team

Cisco: M&A

This blog is by Noor Zafar, a Cybersecurity Cadet Risk Advisory Analyst at Deloitte in Australia and a former member of Cisco’s FIFA Women’s World Cup all-female Dream Team.

article thumbnail

The BT Tower, a Once-Futuristic London Landmark, Will Become a Hotel

The New York Times: Mergers, Acquisitions and Dive

The tower, once used to send telecom traffic, has been sold and will be transformed by the company that turned the TWA terminal at Kennedy Airport into a hotel.