Klarna CEO Says Market Volatility Makes Him Nervous About Potential IPO

September 22, 2021
In an interview with CNBC, Siemiatkowski said: “The volatility in the market right now makes me nervous to IPO, to be honest. I think it would be nice to IPO when it’s a little bit more sound. And right now it doesn’t feel really sound out there.” Swedish fintech Klarna is currently one of the […]
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Transactions Simplified: What Are UPI Payments And How Do They Work?

September 16, 2021
What Is A Unified Payment Interface? A UPI uses a consumer-friendly interface that lets you transfer money between different accounts, all in a single window. With a UPI link generator, any user with a smartphone has access to the most updated features of UPI payments. It is a direct upgrade to traditional banking transfers that […]
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Cathie Wood Sells $110 Million In Tesla Stock

September 10, 2021
Three of Ark Invest’s funds, including its flagship Ark Innovation ETF, sold 142,708 shares of Tesla on Wednesday, according to the firm’s daily transaction reports. The shares represent a stake worth approximately $108 million.  These latest transactions come just days after Wood praised the electric vehicle company’s success. In an interview with Yahoo Finance, Wood […]
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Bill Gates Takes Control Of Four Seasons Hotels In $2.21 Billion Deal

September 9, 2021
Cascade Investment will acquire half of the billionaire prince’s stake in the luxury hotel chain, raising its ownership to 71.3% and valuing the company at approximately $10 billion on an enterprise basis. According to a statement by Four Seasons, Prince Alwaleed will continue to own the remaining stake in the company.  The prince owns stakes […]
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Revolut CEO Targets Billions Of Dollars In Sales Ahead Of IPO

September 3, 2021
Image by Web Summit - SD5_7851, CC BY 2.0, https://commons.wikimedia.org/w/index.php?curid=74256111 CEO and co-founder Nik Storonsky said: “To be able to IPO successfully we need to be at least in the few billion dollars range of revenue a year.” As of 2020, Revolut’s adjusted revenue was £261 million ($359 million). In July, the company managed to raise […]
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The Frugal Spending Habits Of 3 Billionaires

September 2, 2021
Image by Alessio Jacona from Rome, Italy - Mark Zuckerberg, CC BY-SA 2.0, https://commons.wikimedia.org/w/index.php?curid=72121838 Frugality or thriftiness might not be words commonly associated with the ultra-wealthy, yet a small subset of the world’s richest people are well-known for their penny-pinching habits. Arguably, it is this characteristic that has enabled them such huge financial success in […]
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Bernard Arnault Sells Out Of Retailer Carrefour After 14 Years

September 2, 2021
Image by Jérémy Barande / Ecole polytechnique Université Paris-Saclay, CC BY-SA 2.0, https://commons.wikimedia.org/w/index.php?curid=57236208 The luxury goods billionaire held a 5.7% stake in Carrefour, which raised €724 million by selling shares on the market in an accelerated book-building process. The stake was sold off at €16 per share after Arnault first took a 9.8% holding at […]
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New Research Finds UK CFOs Are Struggling To Keep Up With Demands From CEOs

September 1, 2021
Tipalti polled over 300 CFOs and CEOs across the UK, uncovering the key complexity drivers for the finance department following the pandemic, as well as what the greatest shifts of focus have been for CFOs and highlights the bigger demands placed on them by the CEO and board. Tipalti’s findings shed further light on how […]
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Why Should You Invest In Healthcare Innovation?

August 24, 2021
Healthcare is not just about diseases and treatments. Pharmaceuticals, medical gadgets, health insurance, and multi-speciality hospitals are just a few of the many types of healthcare available today. There is a lot of money to be made in each of these fields. Investments in this industry have good and negative tendencies, just as in other […]
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CEO Of HSBC Hong Kong To Take Over As Top Executive At Hang Seng Bank

August 24, 2021
Image by Wpcpey - Own work, CC BY-SA 4.0, https://commons.wikimedia.org/w/index.php?curid=50843779 Hang Seng has said that its vice-chair and CEO, Louisa Cheang Wai-wan has extended her leave of absence as she recovers from a medical condition first disclosed last year. After her medical leave of absence, Cheang will return as a HSBC executive.  In a statement, […]
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Post-Pandemic UK Property Finance

August 20, 2021
Yet the market continues to operate at an exceptionally high level thanks to additional actions taken by the UK government, mortgage lenders and others. So, what has changed in the world of property finance in these unusual times? Here, we explore some of the most notable aspects of home-buying, property investment and other elements of […]
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Advantages And Disadvantages Of Crypto Companies In 2021

August 20, 2021
Are you looking forward to opening your own crypto company? If so, this article is for you. We will explain the advantages and disadvantages of crypto companies in 2021, especially during this hot and thriving climate for blockchain technology. If you’re looking to buy bitcoin and learn how to diversify your portfolio, then stick around, because this […]
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