Nu, the parent company of Nubank, reported its fourth-quarter financial performance, and in response to rapid revenue growth and improving economics, the company saw its value drop 9% in regular trading today after falling sharply in recent sessions. Now worth just $8 per share, Nu is underwater from its IPO price and down about a third from
Executive Director of Community Banking, Nichol King, discusses why so many people are struggling with poor financial health and shares tips on how people can start improving their spending and saving habits.
Amidst a backdrop of economic uncertainty, the global Fintech ecosystem experienced unprecedented growth in 2020. Then, in 2021, the space reached new heights of innovation, with Fintech companies raising more than $140 billion, three times higher than that of 2020, setting an all-time record. The record-setting trends of 2021 were also mirrored in Israel’s rapidly
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The interconnected risks faced now by households, businesses, banks and governments could trigger a global financial chain reaction not seen in generations. The 2022 World Development Report examines the financial and economic risks that have been created or exacerbated by the pandemic, and outlines policy measures governments should take now to avoid major financial upheaval.
At the virtual investor meeting held on 15 February, LHV presented the financial plan for 2022 and the five-year financial forecast. Madis Toomsalu, Chairman of the LHV Group, Kadri Kiisel, Chairman of the Management Board of LHV Pank, and Vahur Vallistu, Chairman of the Management Board of LHV Varahaldus, spoke.
Global growth should remain robust but uneven, with the rising divergence between advanced and emerging market economies. However, just like in the eponymous movie, whose title we borrowed for this report, current growth dynamics might keep us from looking up during the current phase of the recovery.
This year marks the 10th anniversary of Accenture’s FinTech Innovation Lab London! Themed around “FinTech for Good”, our lab continues to champion diversity and inclusion. Our cohort has been hand-picked from over 250 applicants received from around the world and includes 43%, female founders. Based in 13 locations, across 8 countries, the 14 selected startups
Discover the latest original insights from J.P. Morgan Global Research.
Special Considerations: Next-gen Technology Ethics and Independence. Join MindBridge -The world’s leading AI risk assurance discovery platform – with special guest Danielle Supkis Cheek discusses technology ethics for accounting and financial auditors.
