EconoMe LLC

Apple | January 29, 2020

U.S. stock indexes rose on Wednesday, boosted by shares of Apple, Boeing and General Electric following their results, while investors assessed the economic damage of the fast-spreading coronavirus outbreak. The Federal Reserve is also in focus, with the central bank expected to release its monetary policy statement at 2:00 pm ET, followed by Chairman Jerome Powell’s news conference. With interest rates expected to remain on hold, market participants are keen to know the central bank&rsquo...

FINANCIAL MANAGEMENT

Invoice2go | July 20, 2021

Bill.com, a leading provider of cloud-based software that simplifies, digitises, and automates complex back-office financial operations for small and medium-sized businesses (SMBs), announced today that it has signed a definitive agreement to acquire Invoice2go for approximately $625 million in stock and cash. Invoice2go is a major provider of mobile-first accounts receivable (AR) software that enables small businesses and freelancers to expand their client base, manage invoicing and payments, e...

Revolut | March 24, 2020

As it launches its financial super app in the US, Revolut hits back at rumours circulating on social media that it is facing financial difficulties as a result of the Coronavirus outbreak. The contraction in the economy caused by the Covid-19 pandemic has focused attention on the financial health of loss-making fintech firms as funding sources evaporate and exit options change significantly. The issue has been compounded by a swirling rumour mill on sites like WhatsApp and Twitter, spreading dis...

Visa | May 18, 2020

Visa has filed an application for a U.S. patent on a computer system that would convert physical dollars into digital versions. The system would then remove the paper currency from circulation. ...