Tagged: berkshire hathaway

October 31, 2018 @ 11:05 am By JD Alois  |  

Warren Buffet’s Berkshire Hathaway has moved into Fintech. Long a lover of more boring investments like insurance and rusty metal businesses, Berkshire has recently invested in two different Fintech firms. First, Berkshire backed Brazil based payments tech firm StoneCo. with a mere $300 million. StoneCo…. Read More

October 27, 2018 @ 12:00 pm By Xu Gao  |  

Online Brokerage Futu Securities Reported to File with U.S. Regulators for IPO Bloomberg quoted people familiar with the matter that Chinese online brokerage Futu Securities had secretly submitted an IPO application in the US, and the fundraising scale could reach at least $300 million. Futu… Read More

October 17, 2018 @ 2:00 pm By Dan Rice  |  

On October 2-3, 2018 Oliver Wyman, a global management consulting firm, presented Insuretech Connect at the MGM Grand in Las Vegas, Nevada. The event was promoted as the largest annual insurtech event in the world, this year boasting over 6000 registered guests and over 250… Read More

September 4, 2018 @ 7:41 am By Erin Hobey  |  

Today Paytm‘s newest wallet addition, its Paytm Money app, went live on Android and iOS. In preparation for the launch, the platform reported reaped in 500K registrations to officially start Money’s operations with 850K users, with 65% of the users based in India’s top 15 cities. The announced… Read More

August 27, 2018 @ 4:04 pm By Samantha Hurst  |  

Berkshire Hathaway, a multinational conglomerate holding company that was founded by American business magnate, investor, speaker and philanthropist Warren Buffett, is reportedly set to buy a small stake in One97 Communications Ltd, the parent of mobile wallet service provider Paytm. According to India’s media outlet… Read More

May 7, 2018 @ 8:22 am By JD Alois  |  

Warren Buffet, the founder of Berkshire Hathaway and a legendary investor, is no fan of cryptocurrency. Speaking with CNBC this week during their annual shareholder meeting, Buffet told Becky Quick that bitcoin is “rat poison squared.” Not exactly a compliment. Buffet believes that “cryptocurrencies will come… Read More

February 9, 2016 @ 2:40 pm By JD Alois  |  

Lemonade, a peer to peer insurance platform that seeks to address the profound shortcomings of the multi-trillion dollar insurance industry now has some prominent names backing the young company.  Announced today, Lemonade has now received the support of “top tier” global reinsurance partners including Berkshire… Read More