Here are the three most relevant developments in the world of structured reporting we became aware of in the course of last week. 1 Workiva: No slowdown in growth Despite the recent rebound, equities had been hammered in 2022. The S&P is still down nearly 10%, with the tech-heavy NASDAQ still down over 16%. Workiva…
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In Europe alone, marketplaces were worth a combined €685B. Fintech-enabled marketplaces have enterprise value/sales of 6.7x, compared to 5.3x and 4.6x for other marketplaces and financial services, respectively. Online marketplace sales accounted for a fifth of all consumer spending. Pairing financial services with online marketplaces is known to create outsized returns. Online marketplaces are now…
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Ronald Regan once said: “If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it.” Does this “One size fits all” approach work for crypto? In recent months there has been a flood of cryptocurrency news, due to market volatility and piecemeal regulatory developments. The crypto crash —…
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Deal Makers Feel the pinch Berenberg Bank is laying off deal makers as the market for equity issuance has started to dry up. Although Berenberg is not a big player in London it is a significant, respected and long-standing European player. I fear it will be the first of many to come as Winter approaches.…
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Here are the three most relevant developments in the world of structured reporting we became aware of in the course of last week – which is of course a summer holiday week, hence less news flow than usual. 1 Pulian Software: winning bid for China Bond XBRL Xinpi Reporting Platform Securities Times e Company News,…
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This is my hundredth post since I started publishing on dailyfintech. And what better way to endorse the thriving insurtech space than to take a closer look at the top 100 globally that have raised capital, accelerated growth and impacted the digital transformation of the insurance industry. In sifting through various available top 100 lists…
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Here is our pick of the 3 most important stablecoin stories during the week. Are Stablecoins signalling the next bull run! Are we at the bottom and going forward there are reasonable prospects of some upside? Maybe stablecoins are a useful signal? The circulating supply of Tether [USDT] and USD Coin [USDC] has seen a dramatic…
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Carried interest is the percentage of an investment’s gains that a fund manager takes as compensation. At most private equity/VC firms and hedge funds, the share of profits paid to managers is about 20%. Under existing US law, that money is taxed at a capital gains rate of 20% for top earners. That’s about half…
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This has been a banner year for hackers targeting the industry. Last week, a couple of hacks totaling hundreds of millions in losses and thousands of affected users rattled an already shaken market. On Monday, Nomad, a crypto bridge was the latest victim of hackers, which walked away with close to $190 million. A crypto…
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