Diamond Bank Plc

Financial Management

Capital One | June 02, 2022

Capital One Financial Corp. announced the launch of Capital One Software, a new B2B software business focused on providing cloud and data management solutions for companies operating in the cloud. Capital One Software's initial product is Capital One Slingshot, a data management solution for Snowflake Data Cloud users designed to assist organizations in accelerating adoption of the Snowflake Data Cloud, managing cloud expenses, and automating important governance. Capital One&...

Financial Management, Payments

Businesswire | April 13, 2023

Today, Visa announced it is partnering with PayPal and Venmo to pilot Visa+, an innovative service that aims to help individuals move money quickly and securely between different person-to-person (P2P) digital payment apps. Later this year, Venmo and PayPal users in the US will be able to start moving money seamlessly between the two platforms. Visa+ will not require users to have a Visa card; instead, by setting up a personalized payment address linked to their Venmo or PayPal ...

Fintech

Visa, Currencycloud | July 23, 2021

Visa announced today that it has entered into a definitive agreement to purchase Currencycloud, a worldwide platform that enables banks and fintechs to provide innovative foreign currency solutions for cross-border payments. Currencycloud is valued at £700 million, including cash and retention incentives, as part of the acquisition, which builds on the two firms' existing strategic cooperation. The financial consideration will be decreased by Visa's existing ownership of Currencycl...

Tesla | January 13, 2020

Tesla stock continued to rally Monday, rising 5% and passing $500 per share for the first time. That puts Tesla at a fresh all-time high as it continues to soar on its entrance into China and optimistic delivery figures. The stock has more than doubled over the past three months, according to FactSet. The recent gains bring Tesla’s market cap to about $90 billion, which is nearly $5 billion more than that of General Motors and Ford combined. The companies’ market caps, which measure ...