RecordTrend.com is a website that focuses on future technologies, markets and user trends. We are responsible for collecting the latest research data, authority data, industry research and analysis reports. We are committed to becoming a data and report sharing platform for professionals and decision makers. At the same time, we also provide daily information briefings on financial technology. We look forward to working with you to record the development trends of today’s economy, technology, industrial chain and business model.Welcome to follow, comment and bookmark us, and hope to share the future with you, and look forward to your success with our help.
The following is the Fintech Daily Information Briefing on [January 13, 2021] recommended by recordtrend.com. And this article belongs to the classification: Fintech Daily Briefing.
. US Department of Justice: visa and plaid have abandoned the merger plan
In January 2020, payment giant visa announced its $5.3 billion acquisition of plaid. In June of the same year, a lawsuit accused the company of collecting relevant data of services such as venmo, stripe, square’s cash app and Robin Hood through “data plumbing”. In November of the same year, the U.S. Department of Justice filed an antitrust lawsuit against visa for its acquisition of plaid. On January 12, 2021, the U.S. Department of Justice announced that visa and plaid had withdrawn from the merger program. Foreign media analysis pointed out that the U.S. Department of justice’s victory in the case of visa’s acquisition of plaid may lay the foundation for a series of subsequent anti-monopoly law enforcement activities.
. Clark, a German insurance technology platform, won 69 million euros in financing, and Tencent led the investment
On January 12, 2021, Clark, an insurance technology platform, announced the acquisition of 69 million euro round C financing. The financing was led by Tencent and participated by existing investors portag3 ventures, white star capital and yabeo. Founded in 2015 and headquartered in Frankfurt, Germany, Clark improves the insurance service experience through digital means. After users register on their platform, Clark will search the whole market and provide users with the best price products through the algorithm based system. At present, Clark’s service scope covers Germany and Austria, and the total number of individual users exceeds 300000. In the future, Clark plans to use this financing to continue to increase product development and market expansion.
. Financial technology platform Checkout.com Completed US $450 million round C financing, setting a new high in European valuation
January 12, 2021, payment processing platform Checkout.com It announced the completion of US $450 million round C financing, with a valuation of US $15 billion, becoming the most valuable financial technology enterprise in Europe. This financing is led by Tiger global management and participated by insight partners, DST global, coat management, blossom capital and endeavor catalyst. Thanks to the upsurge of online shopping brought by the epidemic, Checkout.com Revenue almost doubled in 2020. At present, Checkout.com With more than 1000 employees in 17 offices around the world, we plan to continue to expand our team in the coming year. Previously, Checkout.com He has also made two acquisitions for processout, a French payment company, and pinpayments, an Australian platform, and made a strategic investment in thunes, a Singapore payment company.
. Biden may appoint Gary Gensler as the next chairman of the SEC
Biden may appoint Gary Gensler as the next chairman of the securities and Exchange Commission, Reuters quoted sources as saying recently. Gary Gensler served as chairman of the US Commodity Futures Trading Commission (CFTC) from 2009 to 2014 and has led Biden’s team’s financial regulatory transition plan since November 2020. Some market participants believe that Gensler’s election may strengthen supervision and let Wall Street bid farewell to the loose policy of the past four years.
If you want to get customized information, you can contact us by leaving us the comment. If you think the information here might be helpful to others, please actively share it. If you want others to see your attitude towards this report, please actively comment and discuss it. Please stay tuned to us, we will keep updating as much as possible to record future development trends.