Know What's Happening in Finance
Know What's Happening in Finance
Klarna secures $1.7B risk‑transfer deal to free capital for lending
Klarna announced a $2 billion forward‑flow facility with Elliott Investment Management to back up to $17 billion of U.S. loan originations over the next three years. On April 1 the fintech completed its largest ever Significant Risk Transfer, a €1.7 billion ($1.9 billion) deal led by Värde Partners, unlocking capital for further growth.
Also developing:
By the numbers: Huntington Bancshares completes Cadence Bank acquisition
Foreign investors have sold a net $50.45 billion of Asian equities in March, marking the largest monthly outflow since at least 2008. The sell‑off is tied to renewed Iran‑Israel hostilities, soaring oil prices and heightened risk‑off sentiment across emerging‑market Asia.
Audit firms blame low fees for squeezed margins, but the real issue is execution inefficiency. The 2025 IPA report shows industry personnel costs at 49% of revenue, while high‑growth firms operate near 43.5% by streamlining execution. Up to 90% of...
Terrestrial Bio, the microneedle vaccine patch pioneer originally founded as Vaxess Technologies, announced a $50 million Series B financing round to shift its focus from vaccines to GLP‑1 peptide delivery. The capital, led by a consortium of biotech investors, will fund clinical...
Trayd, a New York‑based construction‑tech startup, closed a $10 million Series A led by White Star Capital, bringing its total financing to $17 million. The SaaS platform automates payroll, HR, compliance and labor‑cost tracking for specialty trade contractors, shrinking a 14‑hour manual process...
Sherweb secured a $125 million minority investment from Investissement Québec to fund its next growth phase. The capital will expand its cloud marketplace and MSP enablement platform, building on the recent MicroWarehouse acquisition that gave it over 7,500 partners in North America...
Fintech startup Glimpse announced a $35 million Series A round led by Andreessen Horowitz, with participation from 8VC and Y Combinator. The company, a Y Combinator graduate, pivoted from an Airbnb product‑placement venture to an AI‑driven platform that automates retailer...
Swedish deep‑tech startup Renasens closed a €10 million seed round (about $11 million) to build a pilot plant in Borås, Sweden, for its waterless, chemical‑free textile recycling platform. The technology uses supercritical carbon dioxide to dissolve polymer chains, enabling the separation of...
The article argues that effective portfolio investment decisions start with clearly defined, shared evaluation criteria rather than jumping straight to ranking. It outlines six essential dimensions—strategic alignment, financial impact, customer and market value, risk and compliance, delivery feasibility, and portfolio...
PDD Holdings, the parent of Pinduoduo and Temu, posted an 11% drop in quarterly net profit to 24.5 billion yuan ($3.6 billion), missing analysts' expectations. Revenue rose 12% year‑on‑year to 123.9 billion yuan (≈$18 billion), in line with forecasts, while full‑year profit fell 12%...
MAS Markets, an FCA‑regulated multi‑asset liquidity provider, posted 2025 revenue of £6.13 million (≈ $7.7 million), up 92% from 2024. Gross profit surged 118% to £3.23 million (≈ $4.1 million) and EBITDA reached $673 k, reflecting higher margins and operational efficiency. Trading volumes rose 81% year‑on‑year. The...
Meta Platforms announced a new executive compensation plan that links pay to achieving a $9 trillion market capitalization by 2031. The package is designed to accelerate the company’s AI talent acquisition and development. By tying incentives to AI milestones, Meta signals...
Indonesia's finance ministry announced that the annual tax return deadline for the 2025 tax year has been pushed back from March 31 to April 30, aligning individual filers with corporations. By March 24, only 8.8 million of the 15 million expected returns had been submitted,...
Fintrac, Canada’s AML watchdog, revoked the registrations of 23 cryptocurrency money‑services businesses on Tuesday, adding to 12 revocations earlier this month for a total of 35 firms in days. The moves represent over 10 percent of all revocations in the past...
BitMine Immersion Technologies (NYSE: BMNR) allocated roughly $145 million to purchase Ethereum, pushing its stash to about 4.66 million ETH – roughly 3.86% of the circulating supply – as part of its “Alchemy of 5%” initiative. The buying spree came as ETH...
Robinhood's board approved a $1.5 billion share repurchase, adding $1.1 billion of incremental capacity to prior authorizations. The program follows a $1 billion buyback launched in May 2024 and a $500 million addition in April 2025. To date, Robinhood has repurchased over 25 million shares at about...
Deep-dive into PMX’s Proxy War 1. The Setup: Victor Chin joins NexG help diversify company that secures billions in govt contracts. 2. The Attack: Oct 2025, "Corporate Mafia" group raids NexG to hijack control. 3. The Tactic: "AMLA Code of Takeover" to freeze...
Investors have sharply increased hedging as the SPDR S&P 500 ETF’s 20‑day put‑call implied volatility (IV) skew jumped to 2.0, a level not seen since 2021 and only eight times since 2010. Historical episodes show that when the skew reaches this...
Italian‑based Subbyx has closed a €30 million (≈$33 million) Series A round, bringing its total financing to €50 million (≈$55 million). The round, led by Systemiq Capital with Azimut participation and venture debt from Flashpoint, will fund the rollout of its AI‑powered Subbyx Builder platform...
Cabral Gold Inc. announced a bought‑deal financing of 21.055 million common shares at C$0.95 each, generating C$20 million (≈ $14.8 million USD) in gross proceeds. An over‑allotment option could add up to 3.16 million shares, potentially raising total proceeds to about C$23 million (≈ $17 million USD). The...
Over two centuries, the classic 60% stock/40% bond mix delivered roughly 7% annual returns but suffered drawdowns exceeding 71%. A new study covering 1800‑2021 evaluated dozens of defensive tactics and identified Defensive Absolute Return (DAR4020) and multi‑asset trend‑following as the...
Aker ASA’s board has proposed an ordinary cash dividend of NOK 29 per share for the 2025 fiscal year, to be voted on at the Annual General Meeting on 22 April 2026. The dividend, equivalent to roughly $3.20 per share, will be payable...
Food delivery to be more expensive Swiggy hiked platform fee by around 18% once again Current platform fees: ₹14.99 New platform fees: ₹17.58 Recently both Zomato and Swiggy hiked their fees Now Swiggy once again Food delivery apps are shifting from Growth mode to Profit mode now..
GS on Flows via BBG: - Pension funds to buy $14 billion in equities for month/quarter-end rebalancing. - Ranks 75th percentile over the past three years in absolute dollar terms, and 97th percentile on a net basis. https://t.co/PkjmgbNxLG
Communications platform-as-a-service provider Nebula announced Eric Dodd as its new chief financial officer. Dodd, a chartered accountant with Deloitte and former CFO of K3 BTG and Attraqt, brings over 15 years of finance, HR, legal, and compliance experience to the growth‑stage...
$ENLV numbers are out. $25 EPS, $1.23B net income profit. The @Enlivex treasury strategy is showing up in the financials for the first time. Worth watching how this moves.
It's amazing that 25 years after Gleevec we are still watching drug companies pay billions for new drugs for CML. And that, in Adam's previous story, a once deadly cancer was referred to as a chronic disease. Anyway, $MRK buys $TERN...
Over the past month the SEC overhauled its enforcement manual for the first time in nearly ten years, announced the resignation of its enforcement chief, and signed a memorandum of understanding with the CFTC. It also hinted at a rule...
Fintech firms are urging social‑media platforms to shoulder more responsibility for fraud after a new Payments Association report highlighted their role in scams. The study found roughly two‑thirds of authorised push‑payment (APP) fraud originates on social networks, marketplaces and messaging...
Intra‑Asia container trade emerged as the most profitable segment in 2025, with volumes nearing 50 million TEU. Taiwan’s Wan Hai Lines posted the highest operating margin at 18.9%, while Cosco’s $4.3 bn net profit was buoyed by strong intra‑Asia earnings. The region’s growth,...
KK Group announced that 2025 revenue rose to €1.07 bn (≈$1.18 bn), up from €1.03 bn (≈$1.13 bn). Normalised EBITDA increased to €95.7 m (≈$105 m) from €84.7 m (≈$93 m). Free cash flow grew to €60.5 m (≈$66.6 m) versus €48.7 m (≈$53.6 m). The firm completed the Vestas converter integration,...
DXtrade, Devexperts' multi‑asset trading platform, has integrated Gold‑i’s Visual Edge risk‑management tool, giving brokers real‑time visual analytics, automated alerts and scalper detection. The addition expands DXtrade’s feature set beyond its existing MatrixNET liquidity‑management integration. Brokers can now monitor exposure, P&L...
WuXi Biologics reported record 2025 results, with revenue up 16.7% and IFRS gross profit climbing 30.9%, lifting its gross margin to 46%. The growth was driven by expanding research, development and manufacturing contracts and tighter cost control across its global...
Baozun Inc. reported unaudited Q4 and FY 2025 results, showing modest top‑line growth of 5.9% and 5.6% respectively, while profitability surged. Adjusted operating profit rose 91% YoY in the quarter and non‑GAAP net income jumped 249% to $22.8 million. The Brand Management...
BOSS Zhipin (Kanzhun Ltd.) announced it repurchased 748,552 ordinary shares for roughly RMB 34.4 million (about $4.8 million) on March 24, bringing FY‑26 total buybacks to nearly RMB 450 million (≈$62.5 million). The board also raised the program’s ceiling to US $400 million, extending it through August 2027. Additionally, the company...
ScottishPower, owned by Iberdrola, secured £600 million (≈$770 million) financing from the UK National Wealth Fund to build the Eastern Green Link 4 (EGL4) subsea electricity superhighway. The 2‑GW HVDC link will stretch 530 km from Fife to Norfolk, delivering enough power for about...
Garuda Indonesia received a $1.4 billion capital injection from state‑owned Danantara, yet its financial health continues to deteriorate. Net losses surged 4.5‑fold to $322.4 million and revenue fell 5.9% to $3.21 billion, while 40% of its fleet remains grounded. Late‑payment penalties exploded 700%...
A death‑cross on the S&P 500—where the 50‑day moving average slipped below the 200‑day line—was triggered on Tuesday, prompting short‑term traders to brace for a pullback. The signal emerged as markets digested Jio Platforms' $4 bn IPO plans and Motilal Oswal's...
Private‑equity firms now own 488 hospitals across the United States, roughly one‑quarter of the for‑profit sector. The surge reflects a decade‑long wave of deals that has funneled more than $1 trillion into healthcare acquisitions, prompting debate over financial stability versus patient...
Epic Games said it will lay off over 1,000 employees and target $500 million in cost savings after a sharp decline in Fortnite activity. CEO Tim Sweeney warned the cuts are needed to align spending with earnings, marking the company's second...
OpenAI announced an additional $10 billion injection, pushing its record financing round beyond $120 billion. The expanded round brings in new backers such as Andreessen Horowitz, D.E. Shaw Ventures, MGX, TPG and T. Rowe Price, while Microsoft remains a key investor. CFO Sarah Friar hinted...
Merck & Co. is in advanced talks to acquire Terns Pharmaceuticals in an all‑cash transaction valued at about $6 billion. The deal would add a promising rare‑cancer therapy to Merck’s portfolio and could be announced as early as Wednesday.
TT Electronics reported FY 2025 revenue of £481.4 million (≈ $602 million), a 2.7% organic decline, but adjusted operating profit rose 2.2% to £37.2 million (≈ $46.5 million). Strong cash generation lifted free cash flow 7.9% to £29.9 million and cut net debt by almost £30 million, reducing leverage...
Hyperliquid Strategies Inc. began trading listed options on its PURR common stock on the Nasdaq Options Market, giving investors new hedging and speculative tools. The launch arrives as crypto‑linked derivatives expand, highlighted by Wintermute’s new oil CFD offering.
Workday introduced Sana, a unified AI interface that embeds a conversational layer into its HR and finance suite, enabling users to execute tasks across applications. The launch includes a self‑service agent with more than 300 pre‑built skills and a shift...
New York State announced the rollback of its Essential Plan, ending near‑free health insurance for about 460,000 low‑income residents. The move eliminates a key safety‑net, prompting concerns from advocates and insurers about coverage gaps and market disruption.
Opaleye Management Inc sold 198,572 Harrow shares for roughly $7.8 million in early March 2026, trimming about 5% of its pre‑sale position. The hedge fund still holds close to 3.7 million shares, representing roughly 10% of Harrow, suggesting a strategic adjustment rather...
Bison Wealth has taken a new $11.7 million position in the First Trust Global Tactical Commodity Strategy Fund (FTGC), marking one of the largest single‑day inflows into a commodity‑focused ETF this year. The move underscores heightened investor appetite for tactical exposure...
Bitpanda announced the launch of Vision Chain, a public blockchain built with the Vision Web3 Foundation and Optimism, to let banks and fintechs issue and settle tokenized assets under EU rules. The move targets a market projected to hit $18.9 trillion...
HSBC Holdings has appointed Jack Yang as chief financial officer for its Asia and Middle East businesses, part of a broader leadership reshuffle led by CEO Georges Elhedery. Yang, a 2009 HSBC veteran, replaces Ming Lau, who left for Manulife...
Alibaba reported a roughly two‑thirds year‑over‑year plunge in net income for Q4 2025, with e‑commerce revenue growth slowing to 6% and cloud revenue jumping 36%. The group said the loss reflects heavy investment in cloud, AI and quick‑commerce, positioning the...
