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WeWork | February 11, 2020
WeWork on Tuesday brought forward its target of becoming free cash flow positive by a year to 2022 as Chairman Marcelo Claure pushes ahead with his five-year turnaround plan aimed at boosting valuation and winning back investor trust. The office sharing start-up, which has gone through a meltdown as its public offering imploded last year, also said it expects to record its first ever $1-billion revenue quarter this year. The company aims to achieve free cash flow of over $1 billion by 2024. As p...
BITCOIN AND CRYPTO
BitMinutes Inc | April 26, 2021
Located in Atlanta BitMinutes Inc. (BitMinutes), a financial services technology firm that uses blockchain and pre-paid minutes tokenization to provide financial inclusion to the global consumer, revealed today that it's token (BMT) has been listed on Uniswap, a leading decentralized crypto exchange based on the Ethereum blockchain. "This is a major accomplishment for BitMinutes," said Tom Meredith, the company's CEO and Founder. "Uniswap is a worthy alterna...
FINTECH
MoneyGram | January 12, 2022
MoneyGram International, Inc., a global leader in digital P2P payments, announced a strategic partnership with Digital Wallet Corporation. Smiles Mobile Remittance (Smiles) is Japan’s most popular mobile money transfer service and digital wallet. The partnership has been introduced for consumers in Japan as they can use the Smiles mobile app powered by MoneyGram’s global payment platform to transfer money to more than 200 countries and territories globally. MoneyGram h...
JPMorgan | February 17, 2020
European equities are trading at fresh record highs, and JPMorgan Chase (NYSE:JPM) & Co. strategists say the rally can go on and even expand to markets that have been left behind. The Stoxx Europe 600 Index closed at a historical peak last week after earnings optimism outweighed spreading coronavirus fears. To JPMorgan strategists, the fact that the European benchmark has risen above the level of 400 index points by about 8% is significant because in prior years a gain above this level was f...
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