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Wirecard | June 22, 2020
Wirecard shares are once again in free fall on Monday after the German payments firm said it was likely that 1.9 billion euros ($2.1 billion) of cash missing from its balance sheet doesn’t exist.
The Munich-based company said it was assessing the “prevailing likelihood” that unaccounted cash balances flagged by auditors at EY last week “do not exist.” The lost funds represent roughly a quarter of Wirecard’s balance sheet....
United Fintech, TTMzero | February 04, 2021
United Fintech sets foot in the Market Data & RegTech space with German Fintech, TTMzero. United Fintech strikes a 25% stake in the market-leading firm, intending to grow to 80% in the next three years.
The acquisition has been made to acquire and scale innovative Fintech in capital markets. It also involves creating a one-stop-shop Fintech through which banks and financial institutions can benefit and accelerate their transition to a digital world.
Founded in 2...
Aurora Cannabis | April 13, 2020
Aurora Cannabis Inc's (TO:ACB) (N:ACB) U.S.-listed shares fell nearly 14% in morning trade on Monday after the Canadian pot producer renewed an at-the-market offering under which it can raise as much as $350 million in equity capital. The company said its board also approved a reverse stock split of 1:12 to boost its share price above $1, the minimum required to maintain a listing on the New York Stock Exchange. Aurora's U.S.-listed shares were last trading below 80 cents. Companies in t...
Priority Technology Holdings, Inc | March 04, 2022
Priority Technology Holdings, Inc., a well-known payments technology company, has announced its new partnership with Mastercard Track™ to modernize B2B payment solutions for their customers. Mastercard Track Business Payment Service has automated its payments-related data information between buyers and suppliers. The payment data information consists of a portfolio of B2B solutions. Mastercard Track helps businesses increase flexibility, simplicity, and efficiency by providing these soluti...
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