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Commission-free retail brokerage Stake scores $30 million investment 8 hours ago Australia-based commission-free brokerage platform Stake has scored $30M in new funding from Tiger Global and partners of DST Global to fuel its expansion into European markets. Stake offers retail investors access to more than 4,400 US stocks & ETFs, alongside analyst ratings and price targets from Wall St firms.
In the past year the firm has grown its total customer base more than six times over, and launched in the UK, Brazil and New Zealand and now has more than 330,000 customers globally.
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LHoFT Foundation selects 14 fintech startups to showcase financial inclusion in Africa 12 hours ago
Source: LHoFT Building on the success of the 2018 and 2020 editions of CATAPULT: Inclusion Africa, the LHoFT Foundation is opening tomorrow, on Wednesday 19th of May, the third edition of this unique program of Fintech startup development. The program will close on the 27th of May with a final digital pitching event, opened to the public in front of a top-notch jury, investors and audience members. A very special guest, Mr. Kosta Peric, Deputy Director for the Financial Services for the Poor initiative at the Bill & Melinda Gates Foundation, will provide an opening talk.
Walmart International has undergone some major continental drift in recent months. On the
retail giant s Tuesday earnings call, executives discussed the company s strategic divestments in the United Kingdom, Japan, and Argentina with investors. Our international team has been busy transitioning the portfolio to higher growth markets, and it s working, Walmart CEO Doug McMillon said.
For the most part, that s meant divesting from less lucrative markets, and doubling down on more promising ventures around the world. In November 2020, Walmart Argentina was acquired by Grupo de Narváez, a corporation that runs retail companies in Argentina, Ecuador, and Uruguay. In the United Kingdom, Walmart completed the sale of its wholly owned grocery chain
Consumer lending company, SB Finance Company Inc. has signed a strategic partnership with OneConnect Financial Technology Co., Ltd. (NYSE: OCFT), a leading technology-as-a-service platform for financial institutions and an associate of Ping An Insurance (Group) Company of China, Ltd., to provide Filipinos with greater accessibility to credit and better customer experience in an effort to promote f.