Kestra Financial

Delta Capital | March 26, 2020

Financial services consulting firm Delta capital has secured a $50 million investment from Singapore VC Prytek Holdings. The investment will see Delta Capital become the financial services arm of Prytek, gaining access to a further $100 million of capital for future acquisitions and funding for client transactions. Prytek currently has 35 companies in its portfolio operating across a range of tech-related business areas, including fintech, artificial intelligence, cyber security, and human resou...

Goldman | February 28, 2020

Goldman Sachs expects the coronavirus to drive the Federal Reserve to cut U.S. interest rates by 75 basis points by June it said on Friday, implying as many as three cuts starting at its next meeting in March. Traders are pricing in a 72% chance of a quarter-point rate cut at the Fed’s March meeting, according to CME Group’s FedWatch. The central bank’s next policy-setting meeting is March 17-18. It then has one April 28-29 followed by another June 9-10. “Although moderat...

FINANCIAL MANAGEMENT

SellersFunding, Walmart | January 20, 2021

SellersFunding, a worldwide fintech pioneer giving funding solutions to eCommerce businesses, declared the contribution of its full line of financial tools to venders on the Walmart marketplace. Walmart venders would now be able to exploit up to $1 million in working capital, day by day advances to control income and a computerized wallet to smooth out installments to providers around the planet. Walmart has become the second biggest eCommerce marketplace in the US, after Amazon. ...

BITCOIN AND CRYPTO

BitMart, MoonPay | April 12, 2021

Just two months after surpassing the $1 trillion mark, the cryptocurrency market capitalization doubled to $2 trillion in early April, trying to focus worldwide attention on the cryptocurrency market. There is no wonder that cryptocurrency is getting momentum around the globe, and the crypto world remains a fascinating industry full of opportunities. With Bitcoin's price skyrocketing after last year and the DeFi market fully blooming, intelligent players are unlocking limitles...