19 November, 2021 by The TZ Newswire Staff Comments Off on CloudWalk spins up $150 million round and turns into Brazil’s new unicorn
CloudWalk spins up $150 million round and turns into Brazil’s new unicorn
The new funding round brings the company’s total capital to $365 million; CloudWalk reaches a $2.15 billion valuation and becomes a unicorn
Read the full article at: labsnews.com
19 November, 2021 by The TZ Newswire Staff Comments Off on Brazilian ERP Omie acquires digital bank Linker for BRL 120 million
Brazilian ERP Omie acquires digital bank Linker for BRL 120 million
With the acquisition, Omie expands its banking, credit, and payment services portfolio focused on small and medium enterprises
Read the full article at: labsnews.com
19 November, 2021 by The TZ Newswire Staff Comments Off on Why Ecovyst Stock Is Tumbling Today
Why Ecovyst Stock Is Tumbling Today
Shares of Ecovyst (NYSE: ECVT) slumped more than 10% by 10:30 a.m. ET on Friday. Weighing on the leading provider of specialty catalysts and services was the pricing of a stock offering.
Ecovyst announced the pricing of its recently launched secondary offering by some of its large shareholders. They sold 8 million shares at $9.50 per share. In addition, it granted underwriters the option to purchase up to 1.2 million additional shares over the next 30 days. The company won’t receive any proceeds from this offering since it’s not selling any shares.
19 November, 2021 by The TZ Newswire Staff Comments Off on Global FinTech Airwallex Closes $100M Series E
Global FinTech Airwallex Closes $100M Series E
Global FinTech Airwallex raised $300 million in an oversubscribed Series E1 funding round, giving the Melbourne, Australia, startup a $5.5 billion valuation.
Read the full article at: www.pymnts.com
19 November, 2021 by The TZ Newswire Staff Comments Off on Fed’s Waller warns against bank-only stablecoins
Fed’s Waller warns against bank-only stablecoins
“While regulations are necessary, they also limit free entry into at least some of the markets in which banks operate,” Waller said. “As a result, regulatory oversight can insulate banks from some forms of direct competition.”
Read the full article at: www.bankingdive.com
19 November, 2021 by The TZ Newswire Staff Comments Off on New bipartisan bill to addresses crypto tax reporting requirement
New bipartisan bill to addresses crypto tax reporting requirement
The Keep Innovation in America Act would lay out a definition for crypto brokers, newly bound to the tax reporting rules.
Read the full article at: www.cnbc.com
19 November, 2021 by The TZ Newswire Staff Comments Off on Is Under-the-Radar Cryptocurrency Theta Going to Make You Richer?
Is Under-the-Radar Cryptocurrency Theta Going to Make You Richer?
This month, the market capitalization of the entire cryptocurrency market eclipsed an astounding $3 trillion. This number is too large to overlook, meaning almost everyone is at least somewhat curious about cryptocurrencies these days. But most newcomers struggle to ascertain what cryptocurrencies actually do and why they’re considered innovative.