After previously indicating that he supported increased tax rates but was against a wealth tax concept, billionaire investor Leon Cooperman said in a televised interview that the coronavirus emergency will “likely” change capitalism permanently and taxes will need to be increased before long, according to...
A source has revealed that Brazilian lender Banco Inter SA is currently in discussions with Uber about partnering in financial services. The move is another move by Japan’s SoftBank Group — which is a shareholder in Uber — to integrate its business in Latin America....
The parent company of WeWork is at a junction after its initial public offering (IPO) tanked and its chief executive officer stepped down, Reuters reported on Sunday (Oct. 13) Lead investor SoftBank has a financing package in place to command WeWork and put the firm’s...
U.K. digital bank Monzo is set to raise new funds that could double its valuation to £2 billion, making it the second-largest FinTech startup in Britain. According to The Guardian, Monzo is close to securing £100 million from a new, unnamed American investor. This would...
June 03, 2020
Papaya Global, which works in global payroll and B2B payments, has a new investor in Group 11, a U.S. FinTech venture capital firm, according to a press release. Dovi Frances, founding partner with Group 11, said Papaya Global’s model was successful at reimagining the stagnant models of yesteryear, which focused too often on paper-based payments […]
April 23, 2020
After previously indicating that he supported increased tax rates but was against a wealth tax concept, billionaire investor Leon Cooperman said in a televised interview that the coronavirus emergency will...
October 13, 2019
A source has revealed that Brazilian lender Banco Inter SA is currently in discussions with Uber about partnering in financial services. The move is another move by Japan’s SoftBank Group...
October 13, 2019
The parent company of WeWork is at a junction after its initial public offering (IPO) tanked and its chief executive officer stepped down, Reuters reported on Sunday (Oct. 13) Lead...
