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Showing posts with the label investmentstechnology

3 Key Lessons Fintech Entrepreneurs Can Learn From A Legend

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Bill Sarris CEO and Co-Founder of Linqto Linqto What does it take to be successful in fintech? One person who surely knows the answer is Bill Sarris. Bill Sarris has been an expert in fintech and investment technology for many years. Some of its application deliveries in major enterprise software include large customers such as Microsoft, Intuit, Stanford, and others. His fintech projects include Quickbooks, the Promotion Suite from Digital Insight and Business Banking. He has won the Forrester Groundswell Award and the Monarch Innovation Award for Banking. He's watched the investment world change over time and noticed early on that people are starting to invest on a day-to-day basis. As more of these Main Street investors came to Wall Street, he decided that a more democratic system was needed. In response, Sarris co-founded and invented Linqto, a private investment app that helps users identify worthwhile purchases and invest in “unicorn” startups. He...

Canada and FCM invest in asset management in Alberta communities

Of: Infrastructure Canada For this reason, the Canadian government is investing US $ 985,500 in 21 new projects in Alberta's communities through the Municipal Asset Management Program (MAMP), which is run by the Federation of Canadian Municipalities (FCM) on behalf of the federal government. The program helps communities strengthen local infrastructure planning and decision-making by increasing local wealth management capacity by investing in activities such as wealth management training, technology and software improvements, and information sharing. For this reason, the Canadian government is investing US $ 985,500 in 21 new projects in Alberta's communities through the Municipal Asset Management Program (MAMP), which is run by the Federation of Canadian Municipalities (FCM) on behalf of the federal government. The program helps communities strengthen local infrastructure planning and decision-making by increasing local wealth management capacity by investing in activities s...

How the coal company is moving towards renewable energy

Coal is one of the largest polluters in the world as its transport, storage and use are responsible for around 40% of global greenhouse gas emissions, according to the United Nations. Somruedee Chaimongkol, CEO of energy company Banpu Public Company, says she wants to help reduce the Asia-Pacific region's reliance on fossil fuels. The company has operated coal mines in Thailand for nearly four decades. Chaimongkol, sometimes known as Asia's "First Lady of Coal," became the company's CEO in 2015 and created what she called what she called a "greener, smarter" business plan for the company the following year. “We have been talking about transformation since 2010. And since 2015, when I succeeded my predecessor as CEO, we've started implementing greener, smarter ones . Over the past five years we've got $ 2 billion and 90% of that … A greener investment, like gas, like renewable energy, and energy technology, ”Chaimongkol told CNBC's“ Managi...

Blackstone, Carlyle and Hellman & Friedman to Invest in Medline

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NORTHFIELD, Ill. , June 5, 2021 / PRNewswire / - Medline Industries, Inc., the nation's largest manufacturer and distributor of privately held healthcare products, with 2020 sales in 2020 $ 17.5 billion , announced today that it has reached a definitive agreement that will give it a controlling stake in a partnership made up of funds made by. to get managed Black stone , Carlyle and Hellman & Friedman. Upon completion of the transaction, Medline will remain a privately owned, family-run company. Medline will continue to be run by the Mills family, who remain the largest single shareholder. The entire senior management team will remain. The company plans to use the new resources from the partnership to expand its product offering, accelerate international expansion, and continue to make new infrastructure investments to strengthen its global supply chain. "Healthcare improvement has been our focus for decades. This investment from some of the most experienced and su...

Advisors feel pull of cryptocurrency wave as clients ask questions

When the market collapsed in March 2020, financial advisor Ivory Johnson, founder of Delancey Wealth Management, decided it was time to introduce cryptocurrencies to his clients. "I did it because I saw how active the Federal Reserve is and how much it dilutes the dollar," which would be incredibly inflationary, Johnson said. A recent survey by the Financial Planning Association and the Journal of Financial Planning shows that Johnson's strategy could be part of a growing trend. As investor interest in cryptocurrencies grows, financial advisors are feeling a new urgency to offer the investments to their clients. More from your money, your future: Learn more about how to manage, grow, and protect your money here. According to the survey, around 49% of advisors said customers have asked about cryptocurrencies in the past six months, up from 17% in 2020. More of these finance professionals - 26% - plan to increase their use and recommendation of cryptocurrencies in the next ...

We are scouting to invest more in job-tech firms: Unitus Ventures

The early-stage venture fund Unitus Ventures is looking for further investments in job tech companies and will continue to invest in this industry for at least the next five years. India's employment crisis and drive to move from informal to formal work creates a great opportunity for new entrepreneurs and makes it a major investment topic, said Surya Mantha, senior partner at Unitus Ventures, in an interview. Mantha, whose VC fund has a sizeable portfolio of investments in job tech startups, said the increasing gig culture, technology and automation in HR operations, as well as the availability of technology infrastructure, are helping the industry thrive. He also said that job tech firms will not see any consolidation in the short to medium term and that more players will join in. Edited excerpts: Unitus Ventures is investing more in job tech firms, what's driving your investment theme? When we launched a second fund four years ago, we had focused on e...

Here's a Chance to Invest in the Future of Engine Technology

June 5, 2021 5 minutes to read Disclosure: Our goal is to offer products and services that we think you will find interesting and useful. When you buy them, the entrepreneur can receive a small portion of the income from the sale from our trading partners. In our ever-connected, fast-paced digital world, we tend to think that innovation is around us all the time. But that is not necessarily the case. Take the modern internal combustion engine (ICE), for example. From cars to airplanes and everything in between, most ICEs are still big, bulky, and inefficient in terms of fuel consumption. Poor fuel efficiency, excessive complexity and unnecessary raw materials in manufacturing also lead to excessive production of CO2 and other pollutants. With the public and private sectors equally committed to green innovation, one company is...

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Canada to Invest $797 Million in Race to Carbon Neutrality – Courthouse News Service

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The Canadian government announced a sizeable investment to green its energy sector after recently announcing plans to go carbon neutral within a few decades - but is that enough? (Image by adege / Pixabay) (CN) - Canada is making great efforts to meet its commitment to become carbon neutral by 2050, starting with a new $ 797 million investment in clean energy over the next four years. Although not all believe that the government is providing the resources necessary to achieve its own lofty goals. The latest investment is part of the country's Smart Renewables and Electrification Pathways Program (SREP), which aims to cut CO2 emissions and phase out coal-fired power plants without jeopardizing energy stability in the often cold country. “The Canadian government is investing $ 964 million over four years in the new Smart Renewables and Electrification Pathways Program (SREPs) to drive adoption of non-emissive energy projects such as wind, solar, water and geothermal,...

Canadian Agtech Company Croptimistic Technology Raises $5.2M in Series A Funding Led by Forage Capital Partners

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NAICAM, Saskatchewan - ( BUSINESS WIRE ) - Croptimistic Technology Inc. (Croptimistic) announces a $ 3.5 million Series A investment from Forage Capital Partners (Forage) to provide additional $ 1.7 million funding from founders and institutional debt to complete. This new capital will help accelerate the growth of Croptimistic's SWAT MAPS technology. The SWAT technology ecosystem provides farmers and partners with high resolution soil foundation maps to perform fertilizers, seeds, soil improvement, herbicides and precision water management with variable dosage. Since the first year of operation in 2018, Croptimistic has grown to 18 employees in Canada, the USA and South Africa. It has nearly 100 partners in 4 countries and sales of $ 2 million in 2020. Cory Willness, CEO and Co-Founder of Crooptimistic, says, “We are excited to take the next step in our journey with the Forage team. Jim Taylor and Steven Leakos have made progress thanks to their extensive expertise in a...

Tiger’s Julian Robertson bets big tech stocks will keep marching higher

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Tiger Management founder Julian Robertson has thrown his weight behind large U.S. tech stocks, dismissing concerns that the sector has become too frothy after investors piled at the height of the coronavirus crisis. The 88-year-old fund manager, considered the titan of the hedge fund world, told the Financial Times he was betting on stocks like Alphabet, Facebook and Microsoft, even though those stocks have risen between 55 and 75 percent since early last year, on top of the strong ones Increases over the past decade. "I think they are inexpensive," he said in a rare interview. “I don't think the reviews. . . much higher than they were all the time. " Robertson's support for the sector is significant given his refusal to accept internet stocks during the dotcom boom of the late 1990s, which was seen as a factor in his hedge fund's decision to return external capital in 2000 after two decades of strong gains . In March of that year, when the Nasdaq Composi...

The Chinese state is pumping funds into private equity

S. TATE CASH burns a hole in the pocket of the secretary of the Shenzhen Communist Party. Wang Weizhong said late last year that the government would bear 40% of its losses if they set up a fund in the South China technology center. For the monstrous 400 billion yuan ($ 62 billion) sovereign wealth fund that supports such activities, a 3 million yuan investment - the size of a typical Angels' investment - is a rounding error. For private investors, the invitation sounds too good to be true. It could be. Listen to this story Your browser does not support the Element. Enjoy more audio and podcasts on iOS or Android. After several years of loose monetary conditions and record transactions, liquidity in private equity (PE) in China began to dry up in 2018. New regulations made it difficult for banks and insurance companies to invest. In contrast, the so-called "government-run" funds set up by local governments or national ministries flourished. Local authorities have ...

Schumer promotes Rochester/Finger Lakes as tech powerhouse at Canandaigua facility

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Akoustis_testing_filters Rob Kirchner, production manager for the test and trimming area at Akoustis Technologies, works in a clean room at the Canandaigua plant. Julie Sherwood, MPNnow CANANDAIGUA - US Senate Majority Leader Chuck Schumer is pushing $ 52 billion in science and technology investments that make up the Rochester / Finger Lakes region, with assets including the University of Rochester, Rochester Institute of Technology and Akoustis Technologies in Canandaigua. Schumer was on Wednesday at Akoustis, a semiconductor manufacturing facility on Campus Drive, with local business development executives. "The Senator's vision is to make New York a global hub for semiconductor manufacturing, and we wholeheartedly support that goal," said Jeff Shealy, CEO of Akoustis. "This legislation will provide the US semiconductor industry, which is vital to our major industries, with the support it needs for infrastructure and our national defense." The US Innovation an...

Cathie Wood’s ARK Invest Buys for 6/2 – 24/7 Wall St.

Invest June 2, 2021 11:15 p.m. Last updated: June 2, 2021 11:23 PM The broad markets climbed a little higher on Wednesday and ARK Investors saw a pretty positive day as most ETFs posted a profit that day. ARKW performed best, up 0.3%, while ARKF and ARKG both lagged the rest of the group, down 0.3%. Last year's profits are slowly fading, but Cathie Wood may have something up her sleeve as she is constantly restructuring her ETFs to withstand market headwinds. ARK Invest has been the talk of the town on Wall Street for the past few years, outperforming the market and cementing its place among the big players in the investment world. Wood is the founder and head of this investment house, and many have compared her rising star to the likes of Warren Buffett. Many traders try to emulate the game of famous investors and big brokerage firms to take advantage of the big dogs' profits. Fortuna...

Philippe Cousteau And Doug Heske Reimagine Impact Investing—$51 Billion Says It’s A Great Bet

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Blue economy getty In 2020, investors invested $ 51 billion in impact investing. This focus on ESG (Environment, Social, Governance) has more than doubled from 2019 and is due, among other things, to investors motivated by climate change, inequality and sustainability. Many predict that the White House's current focus on similar issues, along with improved technology and data, will fuel investment in ESG practices. Philippe Cousteau Jr. and Doug Heske recently teamed up to deepen impact investing's ability to make our world better. You are not new to this arena, however. Cousteau - grandson of Jacques Cousteau and son of Philippe Cousteau - continues his family's long legacy of innovating to honor the planet. Heske has been an asset manager for over two decades and is CEO of Newday, which offers portfolios for private and institutional investors to align their values ​​with financial returns. In addition, Newday donates 5% of sales to charities such...

Bitcoin price focus frustrates genuine investors, says crypto AM boss

The media fascination with what price Bitcoin reaches - and then drops back over a short period of time - can lead to immense frustration for investors who are really trying to take advantage of the opportunities offered by the cryptocurrency. That says Peter Habermacher, Chief Executive Officer and co-founder of Aaro Capital, a specialized crypto-oriented asset management company. We're talking about the latest episode of Citywire Selector's Future Thinking Podcast Habermacher said media attention on Bitcoin and its associated blockchain is obscuring the true potential of the broader crypto landscape and distributed ledger technology (DLT). “This chat dominates the majority of media attention as Bitcoin climbs above $ 6,000, which has really put this room back in the spotlight. It can be frustrating at times as it's only a small part of crypto, a small part of crypto assets, and which is itself only a small part of the whole kind of DLT history, blockchain DLT and cry...

At Stake In Mexican Mid-Term Elections Is Foreign Energy Investment

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Emily Pickrell, UH Energy Scholar MEXICO CITY, MEXICO - MAY 28: Andres Manuel Lopez Obrador President of Mexico speaks on the a ... Publication by The Economist magazine entitled "Mexico's False Messiah" during the daily briefing at the Palacio Nacional on May 28, 2021 in Mexico City, Mexico. (Photo by Hector Vivas / Getty Images) Getty Images In less than two weeks, Mexico will hold its mid-term elections. On paper, voters will choose their new representatives in Congress, but this will also measure support for the current administration's efforts to restore control of energy, particularly the oil sector. President Andres Manuel Lopez Obrador, both populist and left-wing in practice, made it clear early on that a central goal of his and his Morena party is to restore state control over the oil, gas and energy sectors. Its justification is that Mexico must be energy self-sufficient for reliability and ...