Benmar Capital Management

Reuters | February 03, 2020

U.S. stocks rallied on Monday, helped by gains in heavyweight technology shares and surprise strength in U.S. manufacturing activity, as stocks rebounded after a sharp selloff last week sparked by concerns about fallout from a virus out of China. U.S. factory activity unexpectedly rebounded in January after contracting for five straight months amid a surge in new orders, according to the Institute for Supply Management (ISM). The data helped stocks recover after the S&P 500 last week suffere...

PAYMENTS

Bit.Store | May 31, 2022

Asia's leading SocialFi crypto investment platform, Bit.Store (STORE) has deepened its partnership with crypto payment provider Alchemy Pay (ACH). Further to the current credit card and paypal connections, Alchemy Pay will add popular alternative payment methods to Bit.Store including mobile wallets and domestic instant transfer services. Furthermore, Alchemy Pay will provide Bit.Store with off-ramp capabilities, meaning their users can convert their crypto funds into over 100...

Reuters | April 28, 2020

U.S. crude prices settled about 3% lower on Tuesday after data showing domestic stockpiles didn’t rise as high as had been expected given tightening storage, despite pledges to cut production from May 1. Markets were supported on hopes demand would recover after some authorities announced the easing of coronavirus-related restrictions. At least 16 U.S. states looked set to restart business, but Britain said it was too dangerous to relax the lockdown for fear of a second outbreak. Read More

PAYMENTS

Choice; Nexa Equity | April 27, 2022

Nexa Equity LLC, a private equity firm focused on scaling lower middle market software and fintech businesses, announced today that it has acquired Choice Inc., a leading global payments platform. Additionally, Choice has acquired Direct Payment Consultants, a payments provider that partners directly with merchants. After the acquisition, Choice's platform will process more than $3 billion in annual payments volume across 7,000+ customers in the United States and Canada. The founding teams o...