Austin’s VC market weathers financial storm – Business – Austin American-Statesman

frank lamjus

Austin’s venture capital market is typically driven by meetings over coffee, dinners, office visits and handshake deals.

Now, like many sectors that have shifted to remote work amid the coronavirus pandemic, VC investors have turned to Zoom calls as they deal with the uncertainty of how to do business from afar.

Even as they adjust and weather the storm created by the outbreak, Austin startups and investors say the second quarter wasn’t as bad as many had feared for the VC sector, and that they are cautiously optimistic that VC funding will continue to flow the rest of the year.

Austin-area companies raised $257 million in 35 funding deals, according to the latest report from PricewaterHouseCoopers and CB Insights, which tracks venture capital deals nationwide. That was a 31.6% drop from the second quarter of 2019, when $376 million was raised in 47 deals. It’s also a big drop from

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MoneyGram Ties With E9Pay to Tap Korean Remittance Market

frank lamjus

MoneyGram International, Inc. MGI has tied up with E9Pay, one of the largest money transfer and payment fintech companies in Korea. Per the partnership E9Pay, customers will be able to utilize MoneyGram platform and distribution network which spans more than 200 countries and territories.

This new facility will be much beneficial to consumers who send money between Southeast Asia, Russia, and the Commonwealth of Independent States (CIS), which are the main corridors for E9Pay. Customers will also have access to MoneyGram’s account deposit services.

E9Pay is best suited for MoneyGram, to expand in Korea, given the former’s loyal base of avid customers.

MoneyGram already has a presence in Korea given its partnership with Woori Bank, Shinhan Bank, Korea Post, Kyongnam Bank, and Sentbe.
Via these tieups MoneyGram is eying the Korean remittance market worth approximately $13.4 billion in annual remittance outflows, per the World Bank.

This partnership is going to

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MoneyGram Digital Growth Maintains Strong Momentum and Market Expansion Continues

frank lamjus

The Company achieved 106% year-over-year digital transaction growth in June driven by strong demand for the mobile app, high customer retention rates, and continued digital market expansion

DALLAS, July 9, 2020 /PRNewswire/ — MoneyGram International, Inc. (NASDAQ: MGI), a global leader in cross-border P2P payments and money transfers, today reported 106% year-over-year digital transaction growth in June as strong consumer demand for its leading digital capabilities and customer-centric app continues to grow. The company also announced the expansion of its consumer direct channel and online presence to Iceland.

(PRNewsfoto/MoneyGram)

“Our digital results once again highlight how consumers around the world are recognizing a ‘new’ MoneyGram that is delivering the best digital experience in the industry and providing a seamless connection to family and friends through our modern, mobile, and API-driven platform,” said Alex Holmes MoneyGram Chairman and CEO. “We’re especially encouraged by the stickiness of our digital

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Borrowed time: Climate change threatens U.S. mortgage market

frank lamjus

A National Bureau of Economic Research working paper in February concluded that homes in flood plains are overvalued by $34 billion because homebuyers don’t fully price in the high risk of climate-related disasters.

“There are some systemic risks here which need to be considered and evaluated — and right now,” said former California Insurance Commissioner Dave Jones. “U.S. financial regulators are much further behind in that regard.”

And that risk is growing. Homebuilding and mortgage originations in floodplains have risen steadily over the years even as the number of flood insurance policies has fallen, according to data provided to POLITICO by First Street Foundation, a nonprofit that seeks to determine the probability of flooding for every U.S. home.

Between 2006 and 2018, nearly 600,000 houses were built in 100-year floodplains, bringing the total to 4.1 million homes. In that same time period, 300,000 mortgages were added to homes in floodplains,

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To Buy Or Not To Buy: ‘How To Money’ Looks At The Housing Market & More

frank lamjus

Spring is usually the busiest time for the housing market, but the coronavirus has changed that, too, and one listener asks Joel and Matt if they should buy now or wait until later. They’re already under contract, but have been advised that the market could be on a downturn, and if they wait, they could get a better price on the house. Not so fast, Joel says; while it’s true that banks have seen the lowest level of housing loan applications since 2015, that’s no indication that the market will change significantly, since housing inventory is still low. And right now, mortgage rates are incredibly low, so buying now with those rates could actually mean more savings in the long run than waiting for a cheaper price in the future. For that reason, refinancing an existing mortgage could be a good move, too. 

Another listener asks about the stimulus checks;

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Best Money Market Accounts of May 2020

frank lamjus

Like almost any financial product, money market accounts have a number of advantages, but they also have some disadvantages that could make them less appealing for some people.

Withdrawal and transfer restrictions: Regulation D is a federal law that restricts you to six “convenient” transactions — such as withdrawals and transfers — from savings and money market accounts per month. These accounts are meant to be vehicles for savings, so the Federal Reserve actively discourages taking money out of them too often.

Only certain types of transactions are subject to Regulation D, including:

  • Electronic transfers
  • Wire transfers
  • Debit card purchases
  • Check withdrawals
  • Automated bill pay

Transactions that aren’t subject to Regulation D include:

  • Deposits
  • ATM withdrawals
  • ATM transfers
  • In-person transactions at a bank branch

Funding requirements: Money market accounts typically have higher opening and ongoing balance requirements than savings accounts. This is especially true for money market accounts that offer

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Investor’s Business Daily | Stock News & Stock Market Analysis

frank lamjus

About Investor’s Business Daily – Investor’s Business Daily provides exclusive stock lists, investing data, stock market research, education and the latest financial and business news to help investors make more money in the stock market. All of IBD’s products and features are based on the CAN SLIM® Investing System developed by IBD’s Founder William J. O’Neil, who identified the seven common characteristics that winning stocks display before making huge price gains. Each letter of CAN SLIM represents one of those traits.


Notice: Information contained herein is not and should not be construed as an offer, solicitation, or recommendation to buy or sell securities. The information has been obtained from sources we believe to be reliable; however no guarantee is made or implied with respect to its accuracy, timeliness, or completeness. Authors may own the stocks they discuss. The information and content are subject to change without notice.

*Real-time prices by

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10 Ways to Market Your Small Business on a Shoestring Budget

frank lamjus

When budgets are tight, online marketing might be the first expense you look to cut.

Let me stop you right there.

While traditional advertising methods are costly and hard to measure, small businesses have never had greater access to cost-effective, trackable marketing tools.

But with so many digital tools available, how do you know where to start?

Email marketing is the tried and true digital marketing channel with an average return of $38 for every $1 spent.

TIP: Looking for help navigating your small business through the COVID-19 crisis? We’ve got you covered. We just released our Small Business Support Kits in response to this crisis. Check them out for the tools and guidance you need to get through this challenging situation.

Small business marketing services are just the start. Here are ten marketing strategies that can help you market your small business on a shoestring budget.

1. Craft

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Equity finance Market Research Capital expenditure, SWOT Analysis including key players Apollo Globa

frank lamjus

Edison, NJ — (SBWIRE) — 04/03/2020 — Advance Market Analytics released a new market study on Global Equity finance Market with 100+ market data Tables, Pie Chat, Graphs & Figures spread through Pages and easy to understand detailed analysis. At present, the market is developing its presence. The Research report presents a complete assessment of the Market and contains a future trend, current growth factors, attentive opinions, facts, and industry validated market data. The research study provides estimates for Global Equity finance Forecast till 2025*. Some are the key players taken under coverage for this study are Apollo Global Management LLC (United States), Blackstone Group LP (United States), Carlyle Group (United States), KKR & Company LP (United States), Ares Management LP (United States), Oaktree Capital Management LP (United States), Fortress Investment Group LLC (United States), Bain Capital LLC (United States), TPG Capital LP (United States) and Ardian (France).

Equity finance

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Personal Finance Services Market 2020 Global Trend, Segmentation and Opportunities Forecast To 2026

frank lamjus

The Personal Finance Services market report is a most important research for who looks for complete information on the Personal Finance Services market. The report covers all information on the global and regional markets including historic and future trends for market demand, size, trading, supply, competitors, and prices as well as global predominant vendor�s information. The forecast market information, SWOT analysis, Personal Finance Services market scenario, and feasibility study are the vital aspects analyzed in this report.

(Special Offer: Get Flat 20% Discount on this Report)

Get Free Sample Copy of this Report: https://www.marketinsightsreports.com/reports/03211920325/global-personal-finance-services-market-report-2019-market-size-share-price-trend-and-forecast/inquirycougaraccess&Mode=Auto

Top Leading Companies of Global Personal Finance Services Market are Credit Karma, Harvest, Mint, LearnVest, Quicken, YNAB, WalletHub, Doxo, Microsoft, Personal Capital, Money Dashboard, PocketSmith, The Infinite Kind and others.

The leading players of Personal Finance Services industry, their market share, product portfolio, company profiles are covered in this report. The leading market players are analyzed

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