Stuyvesant Capital Management Corp

Tesla | February 04, 2020

Tesla’s red-hot run reached new heights Tuesday, as shares surged past $900 in a rally that stunned Wall Street, a dramatic reversal of fortune from the electric vehicle manufacturer’s situation just eight months ago. Shares spiked more than 15 percent in morning trading, just after the automaker closed Monday up 20 percent at a record-high $780. Propelled by better-than-expected quarterly profits and car deliveries, Tesla now has a market cap of $140 billion — nearly three tim...

PAYMENTS

OwlTing Group | May 11, 2022

OwlTing Group, a global blockchain services company, today announced a partnership with Nium, the global platform for modern money movement, to power OwlPay, OwlTing's new real-time cross-border payments service for e-commerce and travel platforms in Southeast Asia. OwlPay provides a one-stop financial services integration service for global B2B transactions. The new service covers automatic reconciliation, online currency swaps, and cross-border payment services, to streamlin...

FINANCIAL MANAGEMENT

TerraPay | October 21, 2022

KCB Bank Kenya customers now have an opportunity to seamlessly receive funds from the diaspora to their accounts in Kenya, powered by a partnership with Mobex (an affiliate company of TerraPay Group, a UK-headquartered digital payments infrastructure and solutions provider). With TerraPay onboard, KCB Bank seeks to fortify its position as a key player in strengthening the global payments ecosystem by giving its customers access to simple, competitive, and faster services leveragin...

KPMG | July 22, 2020

Global venture capital investment showed continued resilience in the second quarter of 2020, reaching $62.9 billion across 4,502 deals - almost equalling total investment from the first quarter of the year and only slightly off the pace seen in 2019's second quarter, which registered $69.8 billion invested, according to KPMG Private Enterprise's Venture Pulse report. Venture investors continued to pour money into their existing portfolio– particularly late-stage companies. T...