Quote To Start The Day: "You know, everybody in the world will take a shower every morning but they don’t clean their brain."
Source: Peter Reznicek
One Big Thing In Fintech: Q2’21 was the largest funding quarter on record. Across 657 deals, global VC-backed fintech companies raised a record $30.8B, shattering last quarter’s funding record by 30%. This impressive funding growth was accompanied by a modest 2% deal growth quarter-over-quarter (QoQ) and a 29% increase year-over-year (YoY).
Source: CB Insights
Other Key Fintech Developments:
Snapshots of fintech M&A themes.
Thesis adds $21M Series A round.
GlobalX has filed for a Bitcoin ETF.
Visa bought Currencycloud fintech.
Upgrade launches BTC credit card.
Tiicker closed on a pre-seed round.
Barclaycard tackles B2B payments.
Symphony added Google for cloud.
Currency.com joins an association.
Magic raises $27M Series A round.
Cambridge Savings eyeing fintech.
HMBradley is shifting to invite-only.
Core Scientific to offer on Nasdaq.
Analyzing - the first bitcoin country.
Spendesk nabs $118M for its tech.
Prodigal adds $12M to streamline.
Watch Out For This: Professional traders with a retail background are few and far between.
This is due in part to the obstacles to success — a lack of direction and understanding, psychological alignment, among other things — so few manage to pass on their wisdom.
A mentor to many, Peter Reznicek, the co-founder and head trader at ShadowTrader, is a seasoned market veteran with whom Benzinga had the honor of speaking.
Reznicek details his early start, perspectives and tips for success, as well as his vision for the future.
5 criteria for digital transformations.
Covid increasing in hot-spot areas.
Pomp: Fix the money, fix the world.
JPM’s Dimon is staying more years.
Market Moving Headline: A bipartisan group of senators is closing in on a $579 billion infrastructure deal after agreeing to pay for it in part by delaying a costly Trump-era Medicare regulation, but they don’t expect to announce details until at least Monday.
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