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Venture Debt Provider Juice Ventures Leverages Modulr Payments Tech Stack to Provide Non-Dilutive Capital to SMEs
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TransferWise hires Goldman, Morgan Stanley for IPO; installment payments stay popular with investors
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BNPL Twisto Receives €16 million Investment
Twisto, a buy now pay later (BNPL) Fintech, has received a €16 million investment led by
Zip Co and
Elevator Ventures. Twisto is attempting to follow in the footsteps of firms like
Affirm that just went public at a market cap of over $11 billion. Several existing Twisto investors also participated including Finch Capital, Velocity Capital, ING Bank, and the Austrian insurance conglomerate UNIQA.
Twisto is a Czech company that is working to popularize BNPL across Central & Eastern Europe for the past 7 years. In November, Twisto introduced an interest-free,three-installment payment option in the region. Twisto CEO
andy kessler writes the inside view column for the wall street journal and he s founder of the silicon valley hedge fund velocity capital. andy, great to see you. thanks for coming in. what do you make of the eu s fine this week and the charges against google? well, the fine itself is irrelevant. you look at the numbers, 830 billion dollars market cap, 100 billion in cash, 13 billion in profits last year. that s not the problem. it is the concept of they are annoyed about 11 apps they installed including maps and search and assistance trying to say that s anticompetitive. but google, android, it is a platform. it is a platform for others to compete on. lyft versus uber and spotify versus pandora. it is a wonderful competitive environment and they compete against apple. bureaucrats are bureaucrats so they had to do something. paul: they say look, when they go to a handset maker and they say if you want to use android, you have to put these our apps, google maps, youtube,
operating system. andy kessler writes the inside view column for the wall street journal and he s founder of the silicon valley hedge fund velocity capital. andy, great to see you. thanks for coming in. what do you make of the eu s fine this week and the charges against google? well, the fine itself is irrelevant. you look at the numbers, 830 billion dollars market cap, 100 billion in cash, 13 billion in profits last year. that s not the problem. it is the concept of they are annoyed about 11 apps they installed including maps and search and assistance trying to say that s anticompetitive. but google, android, it is a platform. it is a platform for others to compete on. lyft versus uber and spotify versus pandora. it is a wonderful competitive environment and they compete against apple. bureaucrats are bureaucrats so they had to do something. paul: they say look, when they go to a handset maker and they say if you want to use android, you have to put these our apps, google maps,
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