According to a report by CB Insights, global startup funding fell by 23% in Q2 2022 from Q1, including by 25% in the US. However, US-based VCs raised a record-breaking $73.8B in Q1.
Read MoreIn an interview with The Financial Revolutionist, Jane Podbelskaya, Principal at Information Venture Partners, suggests economic fundamentals will help early-stage fintechs weather upcoming volatility, and will make them capable of sustained growth under any economic conditions.
Read MoreSpecial Purpose Acquisition Companies (SPACs) once seemed like the future of public launches. But, where there were more than 300 SPAC IPOs in Q1 2021, less than 70 took place a year later.
Read MoreUS-based hedge funds are making more conservative bets on stock prices than they have in a decade. Funds like Bridgewater and BlackRock have increasingly taken short positions on billions of dollars in assets.
Read MoreResearch by Alto Solutions, Inc., a self-directed IRA provider, claims 53% of millennial investors aren’t confident they will ever be able to afford retirement. And 76% worry that a market crash could erase their savings.
Read MoreIn an interview with The Financial Revolutionist, Brian McLoughlin, Partner and Co-Founder of MTech Capital, details upcoming fundraising challenges, discusses the likelihood of major acquisitions, and describes why insurtech remains a promising site for investment.
Read MoreBinance Labs, the venture arm of Binance, the crypto exchange, announced a $500M fund to invest in Web3 and blockchain technologies. The raise comes a week after Andreessen Horowitz launched a $4.5B crypto fund.
Read MoreReporting by Business Insider exposed a woefully delayed pivot to crypto trading by Robinhood. An overly cautious legal team and leadership churn further contributed to the slow pace.
Read MoreThe cryptocurrency exchange announced that select users in the U.S. have access to commission-free trading for hundreds of exchange-listed securities, including both stocks and ETFs.
Read MoreStartup Yuga Labs, which minted the Bored Ape Yacht Club series of NFTs, is in financing talks with Andreessen Horowitz at a valuation between $4B and $5B. If it goes through, the deal would be the first institutional investment into the company.
Read MoreLaunched this morning, the Fintech Index tracks the performance of 54 fintechs in public markets and tracks related exits. With a lifetime performance of +743.1%, the index has outperformed the S&P 500 by more than 600 percentage points.
Read MoreValereum, a Gibraltar-based holding company, announced that it is buying 90% of the Gibraltar Stock Exchange (GSX). Valereum looks to create the world’s first integrated fiat and digital exchange.
Read MoreIn a Tuesday blog post marking a year since the GameStop stock controversy, Robinhood brushed past liability claims to emphasize measures that should prevent another trading halt.
Read MoreThe stock market continues to hover at record levels, yet investor sentiment for the future remains pessimistic. This may seem like a strange dichotomy, but investors have their reasons.
Read MoreIn the investing space, both artificial intelligence and unstructured data have become big topics in recent times. AI has transformed how traders, asset managers and others can glean insight out of the massive amount of data that exists today.
Read MoreThe Financial Revolutionist is weekly newsletter and blog focused on the torrid pace of financial innovation. Today, thanks to the exponential rate of technological change, explosion in global trade and new regulations ushered in by the Great Financial Crisis, a new financial revolution is under way. In this battle, virtually every aspect of the greater financial services sector is subject to rigorous challenge. With the Financial Revolutionist, we are aspiring to create a boots-on-the-ground and highly opinionated assessment of important financial innovation developments in the past week.
