Tagged: morgan stanley

May 20, 2022 @ 8:26 am By Omar Faridi  |  

Thought Machine, the Cloud native banking tech firm, recently announced it has closed its series D funding round, led by Temasek, the global investment company headquartered in Singapore, “with participation from Intesa Sanpaolo and Morgan Stanley.” Existing investors following-on in this investment round reportedly include:… Read More

December 2, 2021 @ 12:18 pm By Omar Faridi  |  

Morgan Stanley (NYSE: MS) reveals that it has teamed up with Greenlight Financial Technology, Inc. in order to bring families an “easy, convenient way to teach kids about personal finance.” All Morgan Stanley CashPlus brokerage account holders are now able to sign up for a… Read More

October 11, 2021 @ 2:43 pm By Omar Faridi  |  

Morgan Stanley (NYSE: MS) has reportedly agreed to a £1 million investment in order to further expand its Multicultural Innovation Lab across Europe, Middle East and other areas. Initially introduced in the US back in 2017, the Lab aims to serve as an accelerator program… Read More

September 11, 2021 @ 12:34 pm By Tony Zerucha  |  

Oportun Financial Corporation (NASDAQ: OPRT), a financial services and technology company that uses artificial intelligence to inform its credit decisions, this week announced the closing of a new warehouse credit facility of $600 million, backed by a portion of Oportun’s unsecured and secured personal loans…. Read More

September 2, 2021 @ 6:55 pm By Omar Faridi  |  

Databricks, the data and AI firm, reveals that it has completed a $1.6 billion round in order to promote the innovation and adoption of the data lakehouse, as the data architecture’s utilization across data-oriented organizations keeps growing rapidly. The Series H investment round in Databricks… Read More

July 20, 2021 @ 2:01 pm By JD Alois  |  

Nasdaq has joined with several large banks to create Nasdaq Private Market, an independent company that will facilitate secondary trading in private securities. As the market for initial public offerings has slowed, largely due to the excessive cost and compliance demands, more and more companies… Read More

July 6, 2021 @ 11:45 pm By Omar Faridi  |  

As the Bitcoin hashrate (the amount of computing power securing the world’s largest cryptocurrency network) experiences its worst drop ever, the newly established Bitcoin Mining Council has revealed that global Bitcoin mining is now mainly being powered by “sustainable energy.” The report from the Mining… Read More

June 30, 2021 @ 1:18 pm By Omar Faridi  |  

James Butterfill, Investment Strategist at London-based CoinShares, a digital asset manager focused on expanding access to the cryptocurrency ecosystem while serving as a “trusted partner” for its clients, notes in a blog post published on Monday (June 28) that for the week ending June 28,… Read More

June 21, 2021 @ 10:00 am By JD Alois  |  

Securitize, Inc., a digital securities ecosystem platform, has raised a solid $48 million in a funding round that was led by funds managed by Morgan Stanley Tactical Value and Blockchain Capital. Said to be oversubscribed, the Series B found saw the participation of both new… Read More

June 7, 2021 @ 12:56 pm By Omar Faridi  |  

Lightspeed (TSX: LSPD) (NYSE: LSPD), the “one-stop” commerce platform for merchants across the globe to “simplify, scale and create exceptional customer experiences,” revealed on Monday (June 7, 2021) that it has entered into definitive agreements to acquire two “global leaders” in digital commerce. After the… Read More

June 2, 2021 @ 4:00 pm By Omar Faridi  |  

We recently caught up with Paul Barroso, Co-founder & CEO of Atani and Haydeé Barroso, Co-founder & COO at Atani. Paul and Haydeé explained how their platform allows users to access many different crypto exchanges such as Binance, Huobi, Coinbase Pro, among many others. Atani… Read More

May 22, 2021 @ 1:17 pm By Omar Faridi  |  

Wholesale banking has been undervalued, however, it has provided consistent results during the COVID-19 crisis, according to a recent report from Oliver Wyman and Morgan Stanley. The wholesale and transaction banking report, titled “Striving to Sustain Returns,” reveals that markets and investment banking were significantly… Read More

March 28, 2021 @ 3:09 pm By Omar Faridi  |  

Nexo, a crypto lending platform and exchange, recently commented on how Morgan Stanley became the first major bank to offer Bitcoin (BTC) to its wealthy clients. The Nexo team also revealed how a public software firm now has $50 million worth of Ethereum (ETH) on… Read More

March 26, 2021 @ 1:40 pm By Omar Faridi  |  

Leading social trading platform eToro (which recently announced it will go public in a SPAC deal via FinTech Acquisition Corp. V with valuation pegged at $10.4 billion), noted in an update published earlier this week that stimulus checks had turned the cryptocurrency market green –… Read More

March 22, 2021 @ 10:55 pm By Omar Faridi  |  

The researchers at Bloqport have confirmed that only a month after launch, the first-ever Bitcoin ETF has reached $1 billion CAD in assets under management or AUM (as of March 20, 2021). Just one month after launch, the first ever #Bitcoin ETF has hit $1… Read More

March 10, 2021 @ 8:28 am By Omar Faridi  |  

Soros Fund Management, New York Life, and Morgan Stanley have decided to team up with Stone Ridge Holdings, Massmutual, FS Investments, and Bessemer Venture Partners in order to make investments in a Bitcoin or BTC-focused investment firm, called NYDIG. The group will be working on… Read More

February 22, 2021 @ 10:55 pm By Omar Faridi  |  

A restaurant owner based in New York City has been trying to sell his two bars for Bitcoin (BTC), the flagship cryptocurrency. Patrick Hughes had put his side-by-side bars in Manhattan’s Hell’s Kitchen neighborhood, Scruffy Duffy’s and Hellcat Annie’s, up for sale last month. Hughes… Read More

October 9, 2020 @ 10:49 am By Samantha Hurst  |  

  Morgan Stanley (NYSE: MS) announced on Thursday it is set to acquire Eaton Vance, an advanced investment strategies and wealth management solutions provider with more than $500 billion in assets under management (AUM), for an equity value of approximately $7 billion. Morgan Stanley reported… Read More

March 5, 2020 @ 6:52 pm By Omar Faridi  |  

Jay Biancamano, the managing director and digital currency lead at giant custodian bank State Street, has argued that crypto assets will assist the private capital market in becoming the global standard for trading within the next 10 years. During a recent episode of The Block’s… Read More

February 20, 2020 @ 7:50 am By JD Alois  |  

Morgan Stanley (NYSE:MS), one of the most storied investment banks on Wall Street, will purchase retail online brokerage ETrade (NASDAQ:ETFC) for $13 billion. Under the terms of the agreement, ETrade shareholders will receive 1.0432 Morgan Stanley shares for each ETrade share, which represents per share… Read More