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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.
EU s trade in goods returns to near pre-pandemic levels Xinhua | Updated: 2021-05-19 10:40
BRUSSELS The trade in goods between the European Union (EU) and the rest of the world saw a surge in March 2021, and the first quarter (Q1) showed signs of recovery to pre-pandemic levels, according to Eurostat, the EU s statistical service.
A Eurostat release on Tuesday showed that the first estimate for extra-EU exports of goods in March 2021 was 195.1 billion euros, up by 10.6 percent compared with March 2020, and the imports stood at 176.3 billion euros, up by 19 percent.
In the first three months, the bloc s exports and imports were estimated at 508.7 billion and 460.7 billion euros respectively, both down by 0.9 percent compared with the same period last year, when Europe was recognized as the epicenter of the COVID-19 pandemic by the World Health Organization.
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.