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One of Reddit traders' hedge-fund targets - $3 billion Maplelane Capital - took a step back in May as it tries to dig out of its GameStop-caused hole. See the performance update here.
Buy now, pay later players like Affirm, Afterpay, and Klarna are looking to boost customer loyalty - but now, banks and credit-card companies are developing ways to allow merchants to both offer point-of-sale financing and maintain the customer relationships themselves.
Arvind Purushotham, the global head of Citi Ventures, said property tech, embedded trade finance, and wealth tech are all primed to grow. He explains why.
CEO and cofounder Adam Jiwan explained how they pitched the business to TransUnion, and shared the 10-page pitch deck they used to raise its $30 million Series B round. Check it out here.
Alice Milligan, who was previously E-Trade's chief customer officer, was named Morgan Stanley's chief marketing officer. Cowen poached Jenny Killeen as its new head of human resources from MSD Capital. Check out all the top people moves across the Street.
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