Robinhood now offers stock lending for British customers, part of the platform’s ongoing U.K. expansion. Introduced Wednesday (Sept. 4), the offering lets customers lend out any fully paid stock in their portfolio, with Robinhood taking care of finding interested borrowers. “Stock Lending is another innovative way for...
Chinese consumers are reportedly choosing to repay debt and buy wealth management products, despite government efforts to get them to spend. The country’s consumers put less money in the bank in June but didn’t spend that money, Reuters reported Friday (July 19). “The year-on-year decrease in...
Independent digital investment advisor Betterment has reached an agreement with Goldman Sachs to acquire the digital investment accounts of Marcus Invest. Subject to customary closing conditions, those accounts will be transferred to Betterment around June 29, the companies said in a Monday (April 22) press release. Customers will have the option...
In the venture capital (VC) world, artificial intelligence (AI) is no longer just a hot sector to pour money into — it’s now an essential tool for making savvy investment decisions. By rapidly analyzing massive amounts of data on startups and market trends, AI helps...
September 13, 2024
Economic data remained the key driving force behind stocks this past week, and the FinTech IPO Index was no exception. But despite volatile trading action throughout the group, the Index was flat, up a scant 0.06%. As for the data, last week saw a slowing labor market, while jobless claims released on Thursday inched up […]
April 03, 2024
In the venture capital (VC) world, artificial intelligence (AI) is no longer just a hot sector to pour money into — it’s now an essential tool for making savvy investment...
April 27, 2023
The FinTech IPO Index slid 5.45%, even as earnings season has yet to fully hit home in the sector. MoneyLion shares sank 29.7% through the past five sessions. The company said...
March 27, 2023
The CE 100 Index gained 1.2% last week as investors got excited — again — about AI, and the possibility of sustained profits for in the buy now, pay later...
September 04, 2024
Robinhood now offers stock lending for British customers, part of the platform’s ongoing U.K. expansion. Introduced Wednesday (Sept. 4), the offering lets customers lend out any fully paid stock in their portfolio, with Robinhood taking care of finding interested borrowers. “Stock Lending is another innovative way for our customers in the UK to put their investments to […]
July 19, 2024
Chinese consumers are reportedly choosing to repay debt and buy wealth management products, despite government efforts to get them to spend. The country’s consumers put less money in the bank in...
December 07, 2023
Paytm’s stock hit a two-year low Thursday (Dec. 7) after it changed its small-ticket loan policy and brokers downgraded its stock. The Indian FinTech had announced earlier in the week that it...
July 20, 2023
Anyone expecting a dramatic restoration of Europe’s IPO market might have to wait. That’s according to bankers at Bank of America (BofA), who told Bloomberg News in an interview Thursday (July 20) that it...
