The fintech movement is driving a rapid evolution within financial services, resulting in a new infrastructure and platform for the industry’s next generation. Investment in fintech companies has soared in the past three years, topping $118.2 billion globally in 2021, which surpassed the previous two ... READ MORE >
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Despite Zillow’s retreat, iBuyers show promise
Zillow’s decision to pull the plug on Zillow Offers, its tech-powered business of buying and selling homes, came as a surprise amid the still-hot housing market and prompted a question: Is the business model flawed? As the third-quarter earnings reports from two of Zillow's competitors showed, it's too ... READ MORE >
CHART OF THE DAY: North America tech sector M&A reaches pre-pandemic levels
Since bottoming out in May, tech sector mergers and acquisitions in North America have been rising steadily. In October, dealmaking reached pre-pandemic levels last seen back in January and February of this year. Bright spots for M&A within the technology sector in recent months have been software, ... READ MORE >
With the CARES Act, online lenders are poised to become mainstream
The $2 trillion CARES Act promises to help many American businesses, individuals and states overcome the severe impact from the coronavirus pandemic. The 883-page document covers a range of industries, updates portions of tax reform and provides financial support for businesses and individuals. But one ... READ MORE >