Viet Capital Securities (VCSC)

Payments

Paystone | January 27, 2022

Paystone announces the acquisition of Canadian Payment Services (CPS), one of the fastest growing providers of Canadian merchant services. This acquisition is the sixth addition to Paystone’s burgeoning portfolio of acquisitions, having acquired five other businesses in the past two years including Montreal-based DataCandy and Vancouver-based NiceJob. “This is the largest acquisition we’ve made to date in relation to both new revenue and clients,” explains ...

Financial Management, Fintech

Papaya Global and GGV Capital | February 02, 2023

On February 1, 2023, Papaya Global, a SaaS fintech firm that provides global payroll and payments technology, was nominated to GGV Capital and Crunchbase's Embedded Fintech 50, a ranking of startup investors' most promising fintech startups. In order to select the 50 winners, GGV Capital brought together 57 investment firms to submit nominations and vote. The fact that the Embedded Fintech 50 has raised a total of $12 billion shows that venture capitalists are optimistic...

Goldman | February 03, 2020

Goldman Sachs Group Inc (GS.N) is in advanced talks with Amazon.com Inc (AMZN.O) to offer small- and medium-sized businesses loans in the United States on the e-commerce giant’s lending platform, the Financial Times reported on Monday. The project could go live as soon as March, the FT reported, citing two people familiar with the matter. on.ft.com/3b8PHDJ Goldman and Apple Inc (AAPL.O) in March rolled out a virtual credit card to help build out the Wall Street bank’s consumer busine...

Bank of America | January 15, 2020

Bank of America Corp got stung by lower interest rates in the fourth quarter, sending its profit down 4%, a trend that management expects to continue this year. The Charlotte, North Carolina-based lender is especially vulnerable to rate movements because of the composition of its balance sheet. As the Federal Reserve cut rates three times last year, analysts predicted Bank of America’s earnings would suffer. The bank blunted the impact last quarter by growing loans at a rapid clip, and man...