Fintech

Briza CEO steps down as insurtech startup cuts nearly half of its staff

Briza CEO steps down as insurtech startup cuts nearly half of its staff

Leave a Comment / Entrepreneurship / By

Briza’s management includes FreshBooks founder Mike McDerment and former engineering director Rishi Sharma. The CEO of Toronto-based insurtech Briza resigned last week ahead of layoffs that affected nearly half of the company, BetaKit has learned. Last week, Briza CEO and co-founder Ben Munro resigned before the startup laid off around 26 of its employees …

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Celebrating 20 years of helping individuals and families get their financial lives in order

Celebrating 20 years of helping individuals and families get their financial lives in order

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101 Financial reaches milestone with personal finance classes OREM, Utah., November 30, 2022 /PRNewswire/ — This month, 101 Financial celebrates 20 years of helping people get their personal finances in order. Founded by CEO Alan Akina in 2002, the company became a leading provider of financial education offering fast cash flow management and debt reduction …

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Investment: Active or Passive?

Investment: Active or Passive?

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The merits of active and passive investing have been debated for years. On average, 35% of active equity funds outperformed their passive counterpart in the 12 months ending June this year, according to Morningstar’s Asset/Liability Barometer, which tracks the performance of 30,000 European-domiciled funds managing €7 billion (£6 billion) in assets. Active and passive: the …

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Wefox CEO 'disgusted' by massive tech layoffs: 'They're human'

Wefox CEO ‘disgusted’ by massive tech layoffs: ‘They’re human’

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Wefox CEO Julian Teicke. wefox HELSINKI, Finland — The boss of European digital insurance startup Wefox has offered a damning response to tech companies that have laid off workers en masse. The tastes of Meta, Amazon and Twitter have laid off tens of thousands of employees in response to pressure from investors, who want them …

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Lessons for Developed Market Fintechs – and Banks

Lessons for Developed Market Fintechs – and Banks

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In about two generations, China has grown from a predominantly agrarian country to the second largest economy in the world. This means that Zoomers and Millennials don’t even remember “old” China. The speed at which this transformation of the most populous country in the world has occurred is staggering. In the West, it took almost …

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10 Crazy Things Detailed in FTX's Bankruptcy Filing

10 Crazy Things Detailed in FTX’s Bankruptcy Filing

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On Thursday, John Ray, III, the new CEO of FTX, filed a long-awaited statement in US bankruptcy court, giving a sober assessment of the collapse of Sam Bankman-Fried’s crypto empire. The bankruptcy court filing followed a whirlwind of events, including the publication of explosive texts that Bankman-Fried sent to a Vox reporter earlier this week. …

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FTX says it could have over a million creditors in new bankruptcy filing

FTX says it could have over a million creditors in new bankruptcy filing

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The FTX logo with crypto coins with a 100 dollar bill is shown for illustration. FTX has filed for bankruptcy in the United States, seeking court protection as it seeks a way to return money to users. jonathan raa | Nurphoto | Getty Images Embattled cryptocurrency exchange FTX could have more than a million creditors, …

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FTX says it could have over a million creditors in new bankruptcy filing

FTX says it could have over a million creditors in new bankruptcy filing

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The FTX logo with crypto coins with a 100 dollar bill is shown for illustration. FTX has filed for bankruptcy in the United States, seeking court protection as it seeks a way to return money to users. jonathan raa | Nurphoto | Getty Images Embattled cryptocurrency exchange FTX could have more than a million creditors, …

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An alternative for private investors in an uncertain market

An alternative for private investors in an uncertain market

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With annual returns above 35% for more than a decade thanks to top quartile funds, venture capital (VC) has long been recognized as a high-performing asset class, but remains out of reach for most investors. private investors. The best venture capital funds are only available to the minority of investors able to write checks over …

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