Finance

  • iZettle Gets $67M To Expand From Mobile Payments To Small Business Financing

    iZettle Gets $67M To Expand From Mobile Payments To Small Business Financing

    European mobile payments player, iZettle, is expanding into what amounts to small business loans — announcing a capital advance product, called iZettle Advance, which will be available to select iZettle customers who need funds to grow their own businesses. So it’s basically moving onto even more of the territory where traditional banks fear to tread. Read More

  • A Few Thoughts On Tech Stocks

    A Few Thoughts On Tech Stocks

    Shares in technology companies have recently come under intense pressure, similar to other equities, markets, commodities and more. How far tech shops have declined, however, is worth digging into. After all, if the value of public tech companies has declined sharply, it could impact the value of private startups like Uber or Dropbox. Read More

  • Public Tech Companies Are Already Recovering From Brutal Stock Market Decline

    Public Tech Companies Are Already Recovering From Brutal Stock Market Decline

    Things didn’t look good this morning. When stock markets opened, Facebook was down 12.1 percent, Apple was down 10 percent, Google was down 6.5 percent, etc. But public tech companies are already recovering from this brutal drop, with Apple leading the way. Read More

  • How The Digital Economy Can Help End Extreme Poverty Crunch Network

    How The Digital Economy Can Help End Extreme Poverty

    When I was in Addis Ababa, Ethiopia recently as part of the U.S. government’s delegation to the Third International Conference on Financing for Development, I was struck by how much the international development landscape is changing. Where governments were once the primary source of development assistance, today the private sector, civil society, academia and donors are all working… Read More

  • Money And Politics: Bitcoin’s Governance Crisis Crunch Network

    Money And Politics: Bitcoin’s Governance Crisis

    A lot of intriguing and conflicting things have been said about Bitcoin in the past few years. Some see it as the salvation of the financial system, others as a new toy, appealing only to the technologically savvy. Say what you will, but so far, Bitcoin is a technological success. Minor glitches aside, the developer community that originally rallied to launch this project forward turned an… Read More

  • Twitter Collapses To Record Lows, Tests IPO Price As Tech Stocks Slump En Masse

    Twitter Collapses To Record Lows, Tests IPO Price As Tech Stocks Slump En Masse

    In the post-IPO market, Twitter is sucking air. At least it isn’t alone. Alibaba also set a record low today. After repeated quarterly reports detailing slowing, anemic user growth, shares in Twitter today reached a new nadir: the firm’s IPO price. Twitter went public at $26 per share. It skyrocketed from that dollar point, eventually managing a $39.93 billion market… Read More

  • Alibaba-Backed Paytm Can Now Offer Banking Services In India

    Alibaba-Backed Paytm Can Now Offer Banking Services In India

    Eleven companies, including Alibaba-backed Paytm and several telecoms, can now offer a wide array of financial services after being granted provisional approval by the Reserve Bank of India, the country’s central banking authority. Read More

  • When The Bus Will Be Its Own Boss Crunch Network

    When The Bus Will Be Its Own Boss

    Thousands of cabs make their way through the streets of London. Hundreds of buses pick up and drop off passengers. Trucks carry their cargo. They are, of course, autonomous; like Google’s self-driving car, they all move without a driver. This vision is almost a cliche. Everyone is already talking about a future where professional drivers are unemployed and all vehicles will drive… Read More

  • How The Blockchain Can Aid The Effectiveness And Use Of Complementary Currencies Crunch Network

    How The Blockchain Can Aid The Effectiveness And Use Of Complementary Currencies

    The blockchain provides the foundation to design complementary currencies that embellish community relationships, drive regional economic growth and encourage self-sustainability. The local multiplier effect is the underlying benefit of using complementary currencies. The local multiplier effect occurs when one form of economic activity affects another. Read More

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