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StoneCo Announces New CEO, Reinforcing Continuity and Execution
TMX Newsfile· 2026-01-07 12:10
Core Viewpoint - StoneCo Ltd. announces the resignation of CEO Mr. Pedro Zinner effective March 2026, citing personal reasons, and highlights the company's strategic evolution during his tenure [1][2][3] Leadership Transition - Mr. Zinner has been CEO for three years, leading significant strategic changes including divestment of non-core assets and transitioning Stone into a comprehensive financial services platform [2] - The Board expresses gratitude for Mr. Zinner's leadership and plans to nominate him for election to the Board of Directors, with an expectation of him becoming Chairman [3] - Mr. Mateus Scherer, currently CFO, will be appointed as the new CEO effective March 2026, ensuring continuity in leadership and strategy [4] - Mr. Diego Salgado will take on expanded responsibilities as the new CFO and Investor Relations Officer [5] - Ms. Lia Matos will conclude her role in the company but will remain as an advisor, with her responsibilities being reorganized internally [6] - Mr. Sandro Bassili is expected to become the Chief Operating Officer following the Linx divestiture [7] Company Overview - StoneCo is a leading provider of financial technology solutions, enabling merchants to conduct commerce across multiple channels and grow their businesses through payments, banking, credit, and software solutions [8]
Upstart: Solid Numbers, Fragile Rerating Case (NASDAQ:UPST)
Seeking Alpha· 2026-01-06 16:39
Upstart Holdings, Inc. ( UPST ) presents a very interesting case for fresh investments today. The AI promise is not broken, but evidence of incremental benefits in credit outcomes is still pending. Such is the weight of that pendingI am a stock analyst with over 20 years of experience in quantitative research, financial modeling, and risk management. My focus is on equity valuation, market trends, and portfolio optimization to uncover high-growth investment opportunities. As a former Vice President at Barcl ...
OneNexus and Travelers partner to launch surety platform for energy sector
ReinsuranceNe.ws· 2026-01-06 15:30
The financial technology and insurance platform, OneNexus, has formed a strategic partnership with The Travelers Companies, Inc., a North American surety provider, establishing a new surety program specifically designed for the energy sector.Through this partnership, Travelers, a Treasury-listed surety company, will provide surety bonds backed by a long-term funding platform developed by OneNexus.The program represents one of the first large-scale integrations of traditional surety capacity with a modern fi ...
Fiserv Stock Spikes As Judah Spinner's BlackBird Financial Reveals Large Stake
Globenewswire· 2026-01-06 15:00
Newark, New Jersey, Jan. 06, 2026 (GLOBE NEWSWIRE) -- Judah Spinner’s BlackBird Financial, a hedge fund modeled on the original Buffett Partnership of the 1950s, announced today that it has established a significant ownership position in Fiserv, Inc., a global leader in financial-technology innovation and payments infrastructure. Fiserv CEO Mike Lyons BlackBird’s investment follows a detailed review of Fiserv’s competitive position, business economics, and leadership. Spinner noted a clear gap between the ...
Blackboxstocks (NASDAQ: BLBX) Merger Target, REalloys and Mission Critical Materials Form Strategic Partnership to Build First U.S. Mine-Waste-to-Magnet Supply Chain
Globenewswire· 2026-01-06 14:30
Core Viewpoint - REalloys Inc. has formed a strategic alliance with Mission Critical Materials LLC to create the first fully domestic supply chain for heavy rare earth metals in the U.S., aimed at supporting defense manufacturing and reducing reliance on foreign supply chains [1][2][6]. Group 1: Partnership and Technology - The partnership will utilize MCM's technology developed at West Virginia University, funded by the U.S. Department of Energy and Department of War, to convert acid mine drainage into heavy rare earth metals [3][10]. - REalloys will act as MCM's preferred downstream partner for recovering rare earth materials from acid mine drainage, which has traditionally been seen as an environmental burden [4][6]. - The collaboration aims to recover high-purity mixed rare earth oxides, including critical elements like dysprosium, terbium, yttrium, and gadolinium, as well as neodymium-praseodymium [4][6]. Group 2: Strategic Importance and Market Position - This partnership is positioned as a transformative step in rebuilding a sovereign rare earth supply chain in the U.S., enhancing supply chain security for the defense industrial base [5][6]. - REalloys is uniquely positioned with its mine-to-magnet capabilities, integrating upstream resources with midstream processing and downstream manufacturing in Ohio [9]. - The companies expect to negotiate a definitive multi-year offtake agreement in 2026, further solidifying their market position [6][8]. Group 3: Environmental and Economic Impact - The initiative links environmental remediation with advanced manufacturing, turning environmental liabilities into strategic sources of rare earth feedstock [6][7]. - MCM is exploring several U.S. domestic sites for commercial production, which have high concentrations of strategically important heavy rare earth elements [5][6]. - The partnership aligns with federal priorities to re-shore supply chains for critical minerals and reduce dependence on Chinese processing [6][7].
Morning Minute: Real Estate Prediction Markets Are Here
Yahoo Finance· 2026-01-06 13:19
Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt. Subscribe to the Morning Minute on Substack. GM! Today’s top news: Crypto majors continue grind up, XRP leads; BTC at $93,800 Polymarket launched real estate prediction markets with PARCL Morgan Stanley files for a BTC ETF and a Solana Trust Lighter begins token buybacks, LIT pops 16% Ledger shares another customer data breach tied to Glob ...
Pluto Launches an AI-Powered Lending Platform to Unlock Liquidity in Private Markets, Backed by Leading Credit Investors
Businesswire· 2026-01-06 11:00
NEW YORK--(BUSINESS WIRE)--Pluto Financial Technologies, Inc. has launched the first AI-powered lending platform purpose built for private markets, backed by Motive Ventures, Portage, Apollo Global Management (NYSE: APO), Hamilton Lane (Nasdaq: HLNE), Tectonic Ventures, and Broadhaven Ventures. Pluto has raised $8.6 million in equity and secured hundreds of millions in lending capacity. Private markets are booming, with total AUM projected to grow 1.5x in the next five years. Yet these assets l. ...
GTreasury Acquires Solvexia to Revolutionize Reconciliation and Regulatory Reporting
Globenewswire· 2026-01-06 09:00
Core Insights - GTreasury has acquired Solvexia, enhancing its platform for financial automation, data management, and analytics, addressing challenges in manual processes that increase operational risk and audit exposure [1][2][3] Company Overview - GTreasury, a leader in Digital Treasury Solutions, has been trusted by over 1,000 customers across 160 countries, providing solutions for cash, payments, debt, derivatives, investments, and exposures for nearly four decades [5] - Solvexia specializes in automating finance, tax, and compliance processes, enabling organizations to produce insights and analytics rapidly while reducing human error by up to 98% [6] Strategic Benefits of Acquisition - The integration of GTreasury's treasury management with Solvexia's automation capabilities offers a unified approach to treasury, finance, and compliance operations, helping organizations reduce risk and improve accuracy [2][4] - The acquisition aims to eliminate manual processes that introduce fraud risk and audit exposure, providing near-perfect accuracy and transparency across finance functions [3][4] Enhanced Platform Features - The combined platform will automate end-to-end reconciliation across various systems, identify fraudulent fund flows, and verify intercompany settlements [7] - It will also embed governance and controls to clarify approval processes and reduce risks associated with manual workflows [7] - The platform will transform complex regulatory reporting from weeks to hours, ensuring audit readiness with complete audit trails and version control [7]
ROSEN, TOP-RANKED INVESTOR COUNSEL, Encourages DeFi Technologies, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – DEFT
Globenewswire· 2026-01-05 01:36
Core Viewpoint - Rosen Law Firm is reminding investors who purchased securities of DeFi Technologies, Inc. during the specified class period of the upcoming lead plaintiff deadline for a class action lawsuit [1]. Group 1: Class Action Details - Investors who purchased DeFi Technologies securities between May 12, 2025, and November 14, 2025, may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties can join by submitting a form or contacting the law firm [3][6]. - The deadline to move the Court to serve as lead plaintiff is January 30, 2026, with the lead plaintiff acting on behalf of other class members [3]. Group 2: Law Firm Credentials - Rosen Law Firm emphasizes the importance of selecting qualified counsel with a successful track record in securities class actions, highlighting its own achievements, including the largest securities class action settlement against a Chinese company [4]. - The firm has been ranked No. 1 for securities class action settlements in 2017 and has consistently ranked in the top 4 since 2013, recovering hundreds of millions of dollars for investors [4]. Group 3: Case Allegations - The lawsuit alleges that DeFi Technologies made false and misleading statements regarding delays in executing its DeFi arbitrage strategy, competition from other digital asset treasury companies, and the likelihood of meeting revenue guidance for fiscal year 2025 [5]. - It is claimed that these issues were downplayed, leading to materially false public statements that resulted in investor damages when the true details emerged [5].
Subscription-Based Offerings to Drive the Rally for Sezzle (SEZL)
Yahoo Finance· 2026-01-03 06:02
Sezzle Inc. (NASDAQ:SEZL) is one of the best financial pure plays under $100 according to hedge funds. On December 23, Northland Securities analyst Michael Grondahl reaffirmed his bullish view on Sezzle Inc. (NASDAQ:SEZL). Although he reduced his price target from $130 to $110, Grondahl still anticipates over 69% upside for the stock. best state for education in the US Copyright: carlosyudica / 123RF Stock Photo Grondahl held discussions with Sezzle’s (NASDAQ:SEZL) management, who plan to pivot back to ...