“According to what I understand, a home buyer who makes a 20% down payment is exempt from having to get mortgage insurance. I paid a 20% down payment of $48,000 for a $240,000 home, but I was informed that I must acquire mortgage insurance since I chose to finance $6,000 in closing expenses, making the
Scalable Capital has exceeded the ten-billion-euro mark in client assets. Within one year, the company has more than doubled client assets. With more than 600,000 clients on its platform, Scalable Capital is one of the leading digital investment platforms in Europe and one of the fastest-growing European FinTechs. ‘In just a few years, our assets went
The lifeblood of your business can depend on how and when you use your finances when you are initially starting out. About 20% of small firms fail in their first year, according to the United States Bureau of Labor Statistics. For this reason, getting financial support right away is crucial. What Is Financial Modeling? A
Small business owners benefit from accounting software because it enables them to manage accounts receivable and payable, evaluate their profitability, and get ready for tax season. Accounting software that comes out of the box can be used by small businesses without major modifications. A tailored enterprise resource planning (ERP) system is required as a firm
Motive Partners, a specialist private equity firm focused on growth equity and buyout investments in software and information services companies that serve the financial services industry has received the necessary regulatory approvals and completed the sale of Global Shares to J.P. Morgan. Motive invested in Global Shares in August 2018, acquiring a ~40% stake in the business.
Plaid, the API-first data network powering the digital financial ecosystem, and Wise, the global technology business developing the easiest way to move money around the world, today announced an open finance agreement to give clients a frictionless way to move money between various financial institutions. According to a 2021 survey by Plaid and The Harris
Truework, a fintech company that provides income and employment verification for the nation’s largest mortgage, auto, and consumer lenders to approve more borrowers in a fraction of the time, today announced it raised $50 million in Series C funding. Sequoia Capital, Activant Capital, and Khosla Ventures returned investors joined G Squared in leading the Series
It is obvious now, five years later, that those worries were unjustified. Five million open banking-driven payments were made by UK businesses and consumers in May 2022 alone. In the same month, the open banking community in the UK made a record 1 billion API calls. So, rather than being a limiting action by the
Clara, the leading Latin American tech startup that offers an end-to-end corporate spend management solution for companies in the region, announced today approved financing from Goldman Sachs for an initial $50 million with the option to upsize to $150 million. “This financing will fuel our planned regional growth and will also allow us to successfully
There are many catastrophes that might severely hurt your bottom line. Your employee might, for instance, spill a can of white paint on some items. Or a client could suffer an injury after stumbling over a rug at your establishment. Or you can face legal action for reputational harm resulting from something you or a
4th – 5th October 2022 | Radisson Blu Scandinavia, Copenhagen
4th – 5th October 2022 | Radisson Blu Scandinavia, Copenhagen Your favourite Nordic Banking event is back. Re-charge innovation, be inspired by visionaries, and ensure you’re at the center of it all. The ideas sparked at MoneyLIVE Nordic Banking will set the bar for future innovations – Will you be part of the conversation? Read
The moment is now for accountants to position themselves as essential in their roles during this transitory period in a world full of uncertainty, disruption, and change. according to John Edwards, the organization’s chief executive officer (IFA) Just a quarter of those surveyed (25 percent) admitted to feeling “totally confident” about their future within the
