FinTech

Meldungen über von Gewinne sprechenden Startups sind selten. Noch seltener ist die Veröffentlichung dieser Gewinne. Und gerade der Bereich Bitcoin und Fintech ist umkämpft. Es werden Millionen in Startups gepummpt, der Markt ist hart. Zudem können die Fintechs mit den Anforderungen der Politiker, Regulierenden und den Herausforderungen im Kundensupport und IT Security kaum mithalten. In der Regel schreiben Fintechs daher Verluste. Anders ist dies beim mittlerweile britischen...

The Microsoft Corporation (MSFT) has announced interesting plans to buy back up to $40 billion in stock and to also raise the dividends payable to shareholders by up to 11%. This new buyback plan, as well as the plans to increase quarterly dividends, could see shareholders receiving up to 51 cents per share.This is definitely not the first time that Microsoft has undergone a large buyback plan as its board did authorize two before now, with the first in 2013 and the previous one in 2016....

Open banking fintech company Deposit Solutions received its latest financing round of just over €40m involving Deutsche Bank. Part-owner and German Venture Capital firm Finlab revealed this in a statement on Wednesday. As part of the financing round, the shares of the Fintech startup were revalued according to the International Financial Reporting Standards (IFRS) and the company is now said to be worth about €1 Billion.Last year, the startup also received a financing round of €100 million...

U.K based fund transfer service, TrasnferWise Ltd, has announced that in its last fiscal year, the company’s revenues recorded growth by more than 50%. TransferWise which is fully backed by Sir Richard Branson as well as Peter Thiel’s Valar Ventures, had its fiscal year-end on the 19th of March, which confirms the company’s three-year consecutive profit streak.TransferWise successfully pulled in 179 million pounds (about $223 million) in revenue which is an increase of more than half of the...

Photo: UnsplashAmazon Music has done what other major streaming services are yet to do; the inclusion of an “HD” subscription option into its streaming service. Now Amazon Music is in the league of streaming platforms like Qobuz, Tidal, and Deezer, which can boast of high-quality audio options, though these platforms are “smaller” when compared to Amazon Music. The streaming services that are actually comparable to Amazon Music like Apple Music and Spotify are yet to join the high-resolution...

Photo: ComcastNBCUniversal which is a United States media giant and Subsidiary of media conglomerate Comcast (CMCSA) is set to launch its streaming service named Peacock which of course is in tandem with its logo. Following NBC’s traditional content which comprises of NBC’s legacy content which has spanned the greater part of three-plus decades with sitcoms, original shows feature films and even fresh content and the unscripted ones will be made available for the new streaming service.The...

Photo: UnsplashA new Vegan focused exchange-traded fund (ETF) was launched on the New York Stock Exchangenew yor on Tuesday the 10th of September. Dubbed the U.S. Vegan Climate ETF with the code VEGN, the ETF costs 60 basis points for interested participants and it is the first vegan and climate oriented ETF that has been ever launched.Initiated by Beyond Investing which is itself a vegan and anti-animal investment service, the new ETF boasts of more than a few major holdings including...

Principal Founder of the Microsoft Corporation, Bill Gates, has been very popular for many years not just for his contribution to the tech space but is also known far and wide for how much wealth he’s been able to amass over the years.Gates who is also known for his many humanitarian efforts including consistent philanthropy, gave away more than $35 billion of his wealth to charity in 2019 alone, according to Bloomberg. Regardless of this, Gates still added $16 billion to his net worth in...

Apple released its much-anticipated gaming service Apple Arcade a few days earlier than the expected date of 19th September. However, it is only available for users who are on the iOS 13 public beta and will probably be available to all other iOS platforms on the original expected date.At the moment, iOS 13 users will easily be able to sign up on the service and have the opportunity to pay a monthly subscription fee but enjoy the service for free, for a month. On the App Store, interested...

Vivo’s Nex 3 is finally out. This has come after so much speculation about what exactly makes the new Android device tick. The Nex 3 comes with quite a bit of features that make it seem very much like Samsung’s Galaxy Note 10; only that feels like the Galaxy Note 10 on steroids.The New Curved Shaped Screen is Something Else and Lots MoreThe Nex 3’s curved display is the first smartphone to come to the market with the screen curved and slope off on both sides in such a way that no space exists...