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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PayPal’s earnings report gives investors lots to look forward to

PayPal (NASDAQ:PYPL) jumped 9% yesterday after giving investors lots to look forward to on its earnings report. PayPal’s earnings and sales came in ahead of expectations, but the big news came from these initiatives: Cost-cutting program — expected to save $900M in costs this year and $1.3B the following year. Share buyback program of $15B….

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Buy now pay later companies greeted with IOUs

Buy now, pay later companies want their money — but they’re finding it harder and harder to collect. Where’s my money? — every BNPL company In 2021, Americans spent $20B on BNPL services (SFGATE) — taking a larger share of the $870B U.S. e-commerce industry. Now, consumers are beginning to see the actual price of…

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Robinhood struggles to find its footing

Robinhood (NASDAQ:HOOD) is at a significant discount from its last year’s peak — and still the trading app isn’t looking too appetizing to investors right now. For those investing using Robinhood to trade, let’s hope its recent performance hasn’t ruined the app for you. Struggling to find a bottom Last week, Robinhood announced extended trading…

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SoFi makes big moves in a big fintech bear market

SoFi (NASDAQ:SOFI) received regulators’ approval to become a bank holding company — sending its stock up 14%. What’s the big deal? Financial super app, SoFi, has been chasing a bank charter for over three years — in order to reduce costs and improve its product offering in investing, banking products and loans . As a…

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Short seller Spruce Point hits Fintech Nuvei hard

Short seller, Spruce Point Capital, strikes again with a short report on Canadian fintech Nuvei (NASDAQ:NVEI) — sending its stock down as much as 56% before part of its losses were recovered. When investing gets real personal… Spruce Point is an investment manager focusing on short-selling (i.e. betting against companies) — known for writing short…

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Nubank IPO: The largest neobank hits the stock market

… And it requires no tellers. Neobanks — a fintech buzzword for “digital financial services” — are recently exploding in popularity. Today, Nubank — the industry’s poster child — is going public. Say goodbye to physical banks Neobanks are disrupting traditional banking with more accessible and cheaper products — made possible by their lack of…

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