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Top News In Payments: Antitrust Probe For Google Shopping Comparison Tool; Visa Warns Of Rise in Gas Station POS Cyberattacks

PYMNTS

Department of Justice is expanding its antitrust probe to include Google’s online shopping comparison tool, and Visa warns of an increase in fuel dispenser POS cyberattacks. US Antitrust Regs Probe Google’s Shopping Comparison Tool. Also, Uber is negotiating the sale of Uber Eats to India’s Zomato.

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B2B Startup Investors Go After The Niche Markets

PYMNTS

While there were no mega-deals in the B2B startup funding realm this week, it was still a busy time for companies and investors, with many funders targeting companies operating in less common markets. Alternative small business lender Lendingkart secured new funding this week to the tune of $11.5 Lendingkart. Arrive Logistics.

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Capital Market Assumptions

TrustBank

Emotions drive markets in the short term, so no matter how good your information is, trying to guess where the market will be in a year is just that – a guess. Therefore, our capital market assumptions are based on expectations for average returns over the next 10 years. annualized over the next 10 years.

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Lyft’s Rough Ride On The Stock Market Continues

PYMNTS

After a 20 percent stock price decline last week, that price hit a 52-week low on Monday – a drop that reportedly sucked $1 billion from Lyft’s market cap. That look has many of those same pundits now fretting over how to value both adequately, since apple-to-apple comparisons, they say, are hard. By 1:55 p.m. Different Models.

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Where Does Chime Go From Here?

Gonzobanker

That’s similar to MoneyLion, whose Q2 2023 securities filing claimed the company had “nearly” 10 million customers. Because banks like Bank of America, Chase, Wells Fargo and other large regional banks have highly diverse product lines, making a direct comparison of number of customers nearly impossible. That works out to 8.1%

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Insurance Marketplace GoHealth Seeks $100M In Potential IPO

PYMNTS

Securities and Exchange Commission (SEC). The health insurance marketplace is seeking to list with the “GHTH” symbol on The NASDAQ Global Market. percent to $141 million for the quarter concluding March 31 of this year, in comparison to $69.1 GoHealth, Inc. The firm said in the filing that its net revenues jumped 104.1

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Ant Group Seeks $225B Valuation Ahead Of Planned Dual Listing

PYMNTS

Sale of the stock could bring in roughly $30 billion overall in the event of positive market conditions, according to one of the unnamed sources in the report. The Q1 report occurred one year following Ant Group’s preliminary IPO filing with the Zhejiang Regulatory Bureau of the China Securities Regulatory Commission.

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