Search results for: Private Equity

Navigating the current fintech M&A environment: Top strategies for success

Source Node: https://www.fintechnexus.com/fintech-ma-environment-top-strategies-for-success/
Time Stamp: January 25, 2024 9:37 AM - Modified On: January 25, 2024 - Published By:
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In 2023, M&A activity fell to its lowest level in ten years, as high interest rates and a global economic slowdown dragged down dealmaking. Specifically, total M&A deal flows fell by 18% to about $3 trillion, the lowest amount since 2013, according to Reuters. That slowdown has impacted all sectors, including fintech.  Despite this challenging environment, a meaningful number of deals are still getting done — especially in the fintech space. These transactions have mainly been in the form of strategic investments and acquisitions involving companies struggling with cash flow. We’ve also witnessed a

The 17th Asian Financial Forum concludes successfully

Source Node: https://www.acnnewswire.com/press-release/english/88742/
Time Stamp: January 25, 2024 8:00 AM - Modified On: January 25, 2024 - Published By:
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The 17th AFF concluded today, attracting over 3,600 policymakers and business leaders from more than 50 countries and regions who actively joined vibrant discussions, fostering sustainable development and multilateral cooperation and showcasing Hong Kong’s vibrant economy, setting the stage for conferences and exhibitions in the new year The Forum arranged over 700 one-on-one meetings, successfully connecting investors with project owners and exploring opportunities in various industries The AFF facilitated the signing of MoUs and agreements, including the Comprehensive Avoidance of Double Taxation Agreement between Hong Kong and Croatia and Memorandum

2024: A Year Of Reckoning And Resilience For Startups And VCs

Source Node: https://news.crunchbase.com/venture/2024-forecast-startups-ai-ipo-ma-padval-thomvest/
Time Stamp: January 25, 2024 7:00 AM - Modified On: January 25, 2024 - Published By:
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By Umesh Padval As we bid goodbye to a tumultuous 2023, marked by macroeconomic uncertainties and geopolitical tensions, the private markets stand at a crossroads in 2024. Despite headwinds, the year concluded on a strong note, witnessing record highs in stock markets and a gradual easing of interest rates and market volatility. As a venture capitalist, I find myself contemplating the implications of these shifts on the private markets and predicting the year ahead. The reckoning for private companies: Survival of the fittest The early part of 2024 is poised

Seedrs Restructures 15% of European Workforce

Source Node: https://ncfacanada.org/seedrs-restructures-15-of-european-workforce/
Time Stamp: January 24, 2024 4:07 PM - Modified On: January 24, 2024 - Published By:
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Equity Crowdfunding | Jan 24, 2024 Image by FreepikSeedrs is laying off 15% of its European workforce as part of a restructuring effort. This decision will affect around 15 employees.As reported by Sifted, Seedrs (part of the US-based Republic) a prominent crowdfunding platform in Europe, has recently reduced its workforce by 15% across Europe. This move is a part of Seedrs' strategic realignment in response to challenging market conditions and is seen as a necessary step for ensuring the long-term sustainability and growth of the company.See:  Seedrs to Offer Investors

Art Basel Miami 2023: Sustainability, Impact, Web3 Innovations, and the Fusion of Art with Purpose

Source Node: https://dataconomy.com/2024/01/24/art-basel-miami-2023-impact-web3/
Time Stamp: January 24, 2024 7:08 AM - Modified On: January 24, 2024 - Published By:
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Amidst the glitz and glamor, the annual Miami Art Week again profoundly emphasized sustainability, impact, and purpose. The main Art Basel event returned to its usual sprawling Miami Beach location, with a plethora of booths helmed by 277 top galleries from 34 countries, numerous art fairs, and a multitude of VIP soirées, which paradoxically underscores an event that epitomizes contemporary art’s opulence. As dawn breaks each day, the ironic aftermath reveals South Beach strewn with champagne remnants, an indulgence that the local community diligently cleans post-revelry. The discourse on the

Equals Group Extends Takeover Deadline

Source Node: https://www.financemagnates.com//fintech/equals-group-extends-takeover-deadline-amid-london-fintech-exodus/
Time Stamp: January 24, 2024 5:43 AM - Modified On: January 24, 2024 - Published By:
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The London-listed fintech Equals Group has prolonged the 'put-up-or-shut-up' deadline for a potential takeover, adding to the trend of firms departing London's markets. The AIM-listed payments firm initiated a 'strategic review' in November and entered into talks with the US-based private equity group Madison Dearborn Partners regarding a potential sale.In a statement today, Equals Group announced an extension of discussions with Madison Dearborn Partners as it considers a move back into private ownership. The board of Equals has requested an extension of the 'put-up-or-shut-up' deadline from the Panel on Takeovers

The 2024 National Educational Technology Plan is Out: Here’s What You Need to Know

Source Node: https://www.techlearning.com/news/the-2024-national-educational-technology-plan-is-out-heres-what-you-need-to-know
Time Stamp: January 24, 2024 5:00 AM - Modified On: January 24, 2024 - Published By:
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The U.S. Department of Education has released a new national education technology plan for the first time since 2016. Unlike past plans that have “largely served as surveys of the state of the field,” the 2024 National Educational Technology Plan (NETP) “frames three key divides limiting the transformational potential of educational technology to support teaching and learning,” says a U.S. Department of Education press release. These are the digital use divide, the digital design divide and the digital access divide. "The office of Ed Tech, working with other organizations, brought together

Core Scientific, Inc. Emerges from Chapter 11 with Strengthened Balance Sheet and Enhanced Competitive Position

Source Node: https://www.fintechnews.org/core-scientific-inc-emerges-from-chapter-11-with-strengthened-balance-sheet-and-enhanced-competitive-position/
Time Stamp: January 23, 2024 8:05 PM - Modified On: January 23, 2024 - Published By:
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The Company maintains its position as one of the largest bitcoin miners in North America; Announces new Board of Directors AUSTIN, Texas–(BUSINESS WIRE)–$CORZ #bitcoin—Core Scientific, Inc. (“Core Scientific” or the “Company”), a leader in bitcoin mining and infrastructure for high-value compute, today announced it has successfully completed its reorganization pursuant to Chapter 11 of the United States Bankruptcy Code. The Company emerges from Chapter 11 with a strengthened balance sheet and expects to commence the listing of its common stock, tranche 1 warrants and tranche 2 warrants on the Nasdaq

Core Scientific, Inc. Emerges from Chapter 11 with Strengthened Balance Sheet and Enhanced Competitive Position

Source Node: https://thenewscrypto.com/core-scientific-inc-emerges-from-chapter-11-with-strengthened-balance-sheet-and-enhanced-competitive-position/
Time Stamp: January 23, 2024 5:04 PM - Modified On: January 23, 2024 - Published By:
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The Company maintains its position as one of the largest bitcoin miners in North America; Announces new Board of Directors AUSTIN, Texas–(BUSINESS WIRE)–$CORZ #bitcoin—Core Scientific, Inc. (“Core Scientific” or the “Company”), a leader in bitcoin mining and infrastructure for high-value compute, today announced it has successfully completed its reorganization pursuant to Chapter 11 of the United States Bankruptcy Code. The Company emerges from Chapter 11 with a strengthened balance sheet and expects to commence the listing of its common stock, tranche 1 warrants and tranche 2 warrants on the Nasdaq