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IMF Report: Banking Profits Might Not Exceed Cost Of Equity In 2025

PYMNTS

A large share of the banking sectors of nine advanced economies, by assets, may not be able to bring in profits higher than their cost of equity in 2025, according to a simulation exercise cited in the “Global Financial Stability Report” by the International Monetary Fund (IMF).

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eWallet Startup MoMo Lands $100 Million From Warburg Pincus, Other Investors

PYMNTS

The eWallet firm, Vietnam’s largest, has pulled in $100 million from a group of six investors co-led by Warburg Pincus and Goodwater Capital, Reuters reported on Wednesday (Jan. We hope to go public in the 2021-2025 period, possibly in 2025.

Capital 154
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Office Lending – Here is Why It is Not as Bad as The Market Thinks

South State Correspondent

If you add these metrics, office attendance has stabilized nationally and started to trend higher in 2024. As can be seen below, the net result, based on CoStar data, is that we expect office rents to continue to fall and capitalization rates to continue to rise until late 2025, should the economy remain stable.

Lending 195
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Today In Digital-First Banking: Sea Purchases Indonesian Bank BKE; PSCU Extends Partnership With Fiserv

PYMNTS

As it stands, PSCU works with CUs throughout the nation and helps with more than 5.4 Vietnam’s MoMo, the digital wallet company, has raised $100 million from a collection of six investors co-led by Goodwater Capital and Warburg Pincus. billion transactions annually.

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Kohl?s Leans Into Digital During Pandemic Store Closures

PYMNTS

The retailer, for its part, has reopened approximately half of its stores throughout the nation. As it worked to address the pandemic, Kohl’s said it cut its planned capital expenditures by about $500 million and sizably decreased expenses throughout the business.

Retail 235
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French Tech Startups To Get $5.5B Cash Infusion

PYMNTS

Axa , Natixis , Aviva and Allianz are among asset managers and insurers recruited to invest in helping new tech companies overcome the lack of growth capital. Today there are seven and we are targeting 25 unicorns by 2025 and companies that are worth €5 billion [$5.5 18), that $2.2 billion], €10 billion [$11 billion], €15 billion [$16.6

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C3 IoT Sees The Fourth IT Revolution

PYMNTS

In investing, whether across equities, private placements or venture capital activity, no one likes the term “anemic.”. Of that figure, 71 percent, or $145 million, came from the FinTech sector, with the biggest deal, at $119 million, tied to OfferUp, a Craiglist.com rival, raised through Warburg Pincus and also GGV Capital.

Big Data 100