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- WadzPay’s $50M Boost & Top Industry Events! 💰
WadzPay’s $50M Boost & Top Industry Events! 💰
From major investments to can’t-miss events, here’s everything shaping the fintech landscape today.
Welcome to Fintech Wire — your quick guide to what’s shaping finance and tech today.
What we’ll cover today:
💰 WadzPay’s massive $50M funding
🛡️ Nigeria SEC’s fintech investor pledge
🎟️ FinTech Connect Europe & other key December events
WadzPay, a Singapore-based fintech company, just got a hefty SGD 50 million commitment from global investment firm GEM.
🚨Breaking News: WadzPay plans to use this investment for expanding through acquisitions, partnerships, and organic growth across the fintech sector.
⚡Wire Simplified –
WadzPay is a fintech company focused on blockchain-based payment solutions.
GEM Global Yield LLC is a private alternative investment group with a global portfolio.
The funding will help WadzPay scale its operations and explore new fintech innovations.
This investment signals confidence in the fintech sector's growth potential.
Details on specific acquisitions or partnerships are not yet public.
✔️Straight to the Point –
WadzPay's SGD 50 million boost from GEM positions it for significant growth, but all eyes are on how they deliver.
🎤 Do you think this investment will accelerate blockchain adoption in fintech? |
Nigeria’s SEC (Securities and Exchange Commission) promises fintech investors their money is safe, adapting to the rapid growth of financial technology.
🚨Breaking News: The SEC emphasized investor protection while embracing fintech advancements, ensuring a balance between innovation and regulation in Nigeria’s financial ecosystem.
⚡Wire Simplified –
The SEC is Nigeria's financial watchdog, regulating investments and securities.
Rising fintech activity has sparked concerns about investor risks.
The SEC is building safeguards to prevent financial losses in this dynamic sector.
They also stress responsible investing alongside embracing innovation.
Fintech in Nigeria is booming, particularly in payment systems and micro-lending platforms.
✔️Straight to the Point –
Nigeria’s SEC is stepping up to ensure fintech growth doesn’t come at investors’ expense—innovation meets safety in this balancing act.
🎤 Is Nigeria’s SEC doing enough to protect fintech investors? |
i'm going to keep it real with you investment bankers
the best thing you can do with your extra time is pound the f***ing phones
your MD really doesn't care how good you are at modeling past like the 60th percentile
I certainly don't care
You know what they will care about? Finding the actual buyer for the next asset
Expanding your fund coverage
Expanding your strategic coverage (especially if you're in an industry specific group or advisor)
I've met so many investment bankers who will spend 80 hours hyper caffeinated modeling, but refuse to pick up the phone and cold call someone
you realize at the highest levels this business is LITERALLY all who you know right? It certainly isn't 'wHo cAn MoDeL tHe BeSt'
Ask your MD 'Hey, if I have down time, I want to pound the phones. Who do you want to build a relationship with?'
I wonder how many MDs have actually heard that question
Some will laugh you off and say 'back to the bullpen' but others will say 'call these 50 firms. If anyone picks up, set up a call with me'.
You'll never know until you ask 🤷♂️
➡️ If you are a banker looking to monitor a firm’s distributable cash flows, FCFE is a great metric to track in conjunction with leverage
➡️ If you are an investor looking to calculate the firm’s enterprise value through a DCF analysis, be aware of the downsides of using FCF
FinTech Connect Europe 2024
FinTech Connect Europe unites global fintech leaders, including financial institutions, challenger banks, merchants, and startups, to discuss innovations and foster partnerships within the industry.Date: December 4-5, 2024 | Location: ExCeL London, UK
Celebrating its 25th anniversary, the Banking Tech Awards honor excellence and innovation in the banking and fintech sectors, recognizing trailblazing companies and transformative technologies.
Date: December 4, 2024 | Location: Royal Lancaster Hotel, London, UK
As Asia's largest insurance conference, Insurtech Insights Asia gathers over 5,000 professionals, including C-level executives, to explore trends like AI, machine learning, and blockchain in the insurance industry.
Date: December 4-5, 2024 | Location: Kerry Hotel, Hong Kong
What do you think about today’s edition? |
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