article thumbnail

Coachella By The Numbers Looks More Like Cashella

PYMNTS

million just in taxes from ticket sales, comprising 5 percent of the city’s general fund, while its overall economy enjoys a $106 million boost thanks to the festivals. However, there are only about 16,000 hotel rooms in the region and 125,000 concertgoers who need a place to sleep. The nearby city of Indio takes in $3.18

Las Vegas 102
article thumbnail

2021 GonzoBanker Awards

Gonzobanker

From nowhere, sizable regional players are being created. Performance and multiples continue to be solid, outperforming most regional banks. Fiserv DNA continues to rack up successes in large credit unions, savings banks, and even a few regional commercial banks. Has to be M-O-E. Bank Merger of the Year.

Fintech 148
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Stripe Teardown: How The $35B Payments Company Plans To Supercharge Online Retail

CB Insights

Utah-based Divvy , an expense management platform for SMBs, is another. After being granted a tax ID and a bank account, Stripe Atlas provides businesses with access to the Stripe’s payment platform including Connect, Subscriptions, and Radar. This is particularly useful for businesses operating in regions outside of the US.

Online 98
article thumbnail

Killing The I-Bank: The Disruption Of Investment Banking

CB Insights

The “traditional M&A” was often driven by a desire to boost EPS (earnings per share), with companies seeking to combine assets with a similar business, merging with a business in a lower-tax jurisdiction, or looking to gain desirable assets owned by other businesses. The outlook for investment banking.

article thumbnail

Deal Trends Show Solar Is Still On The Table — Though Investors Are Placing More Careful Bets

CB Insights

Oscillating government attitudes toward solar energy have also impacted the space, and while the costs of solar energy have improved dramatically in recent years, incentives still play a vital role in many regions. This tax increase might push solar costs in the industry back five years, substantially slowing the growth from the Obama era.

Trends 30