Robinhood Wants To Pay You To Become Your New Retirement Piggy Bank

Commission-free investing platform Robinhood (NASDAQ:HOOD) believes We Are All Investors… but that doesn’t mean we’re all good ones. The pandemic hero made billions building its easy-to-use trading platform, but as stocks collapsed, so did its growth — leaving investors with a $54B loss in 2022. After losing half its users, Robinhood is making a simple,…

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SoFi Is Finally Profitable As It Moves Closer to Becoming a “Top 10 Financial Institution”

You know how it is — kids these days steer clear of the places their parents frequent, whether it’s shopping or banking. That’s made way for neobanks like SoFi Technologies (NASDAQ:SOFI), which just hit a significant milestone: its first profitable quarter. SoFi has spent the last decade becoming a force in student lending, dangling attractive…

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PayPal’s Stock Price Hits Rock Bottom: Can a New CEO Turn It Around?

Two-sentence horror story: PayPal had a market cap of $350B+ two years ago. Today, it’s worth $63B. It’s been downhill since. Several senior execs have left, the company has laid off a chunk of its employees to preserve profits, and abandoned its growth target of 750M active accounts along with its plans to launch a…

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Ryan Reynolds’ New Investment in Payments Provider Nuvei

Does every company that Ryan Reynolds touches turn to gold? We’re about to find out. In 2020, the actor and business guru sold his gin company Aviation American Gin for $610M. He’s also expected to make $300M from his 25% stake in Mint Mobile’s sale last month. He’s become a powerhouse marketer with his agency…

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Hindenburg Research Attacks Fintech Giant Block with Short Report

Two words you never want to be associated with your company: Hindenburg Research. Hindenburg is famous for betting against companies with their short reports. They famously erased $100B+ in Adani Group’s market value — and exposed EV startup Nikola’s fraud, which led to its CEO’s criminal prosecution. Now they’re back with a 17K+ word report…

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Can AI fix the accountant shortage?

Tax season. Every accountant’s worst nightmare. Jack, audit us like one of your Cayman corporations. Due to a major CPA shortage, accounting firms must choose between overworking their employees or losing potential revenue: Over 300K accountants have quit in the past two years — leaving firms struggling to meet customer demand. One firm interviewed by…

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Small-Cap Quality Stocks: OTC Markets Group

In September, Quality Compounding released a post titled “20 undervalued small cap quality stocks.” It’s a really good starting point for small-cap quality stocks. One stock, in particular, caught our eyes: OTC Markets Group (OTC:OTCM) — the operator of several over-the-counter exchanges and data providers. Some background info: For US investors, many of the major…

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Nubank is feeling brave with plans to launch its own crypto Nucoin

Nubank is the largest Latin American digital bank (a.k.a. neobank). This week, they announced plans to launch their own crypto — Nucoin. Uh oh, is that Matt Damon? You may know one of Nu’s largest shareholders… … Berkshire Hathaway, run by the famous Warren Buffett. Yes, the same Buffett that’s been highly vocal against crypto….

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Card companies and merchants both want a bigger slice of transactions

Two companies Visa (NYSE:V) and Mastercard (NYSE:MA) dominate the global credit card (CC) industry. So when they change their fee structure (which they did in April), everyone has to go along with it. No competition, no options. At the mercy of credit card networks Banks and credit card networks force merchants to pay a portion…

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Monster earnings report from Mercado Libre — the “Amazon” of Latin America

MercadoLibre (NASDAQ:MELI) — the “Amazon” of Latin America — reported a massive quarter that sent its stock up 16% yesterday. Net income jumped 80% from the same year in 2022. Total sales grew 57% (excluding FX impacts) — carried by its fintech arm. What’s the big deal? In North America, payments and e-commerce are two…

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