News

Each day, DailyAlts tracks major developments across the alternative investment world. Our content is procured from primary contacts in the industry and secondary sources across the web. Our goal is to give readers the most up-to-date news and engaging experience to open new doors and areas of knowledge. Our stories cover nine separate verticals of the alternative investment industry.

Top Story

Fintech: M&A In the Fintech Space Will Heat Up

One of the clear winners, if there is such a thing of the current economic situation, will be fintech companies. And we can expect to see a wave of fintech M&A as a result. There was already a trend towards digital platforms in the financial services industry. Now it’s just accelerating. Even those who prefer a hands-on face-to-face meeting on financial matters are turning to online platforms. They have to do so. Many banks are only offering drive-through services. This means more complex transactions are moving online. Why Fintech M&A Will Heat Up The shift to increased digital use in financial services will also accelerate the fight between incumbent banks, brokerages, and insurance companies to capture market share in a new digital marketplace. Underfunded startups will struggle. They lack the ability to spend billions of dollars a year like their larger financial counterparts. The smaller firms will also need to find funding sources to survive until economic activity begins to normalize. Fintech companies also have to be very careful about execution risk right now. Consider Robinhood, the online brokerage firm. Their system failed as markets became disrupted by the spread of the coronavirus virus in the United States. The future…

Read more

Get Daily Updates

Subscribe to DailyAlts Today to get Alternative Investment news, insight, and commentary delivered straight to your inbox every day.

  • This field is for validation purposes and should be left unchanged.

https://dailyalts.com/wp-content/uploads/2020/03/mask-3579320_1280-FB-fake-accounts-AI.jpg
Artificial Intelligence: How Facebook Uses AI to Detect Fake Accounts
March 5, 2020

Facebook (NASDAQ: FB) has finally achieved traction in its drive to stamp out fake accounts guilty of spreading spam, phishing links and malware. Its Deep Entity Classification, an AI-powered tool,…

https://dailyalts.com/wp-content/uploads/2019/09/55e1d7464955a514ea898579ce203e7c1d22dfe05556764e7d2a73d0_640.jpg
The DailyAlts Playbook: Why it’s Time to Ditch T-Mobile, Berkshire’s Delta Buy, a Bearish Bill Ackman, and the Global Response to Coronavirus.
March 5, 2020

THE DAILYALTS PLAYBOOK March 5, 2020 Today, the DailyAlts Playbook talks about why it’s Time to Ditch T-Mobile, Berkshire’s Delta Buy, a Bearish Bill Ackman, and the Global Response to…

https://dailyalts.com/wp-content/uploads/2020/03/Klarna_in_Linden_04-wiki-scaled.jpg
FinTech: Ant Financial Beefs Up Ties With Klarna; Buys Minority Stake
March 5, 2020

Ant Financial, which owns the Chinese Alipay payments platform and is an affiliate of e-commerce giant Alibaba (NYSE: BABA), has acquired a small stake in Swedish fintech Klarna. Klarna, along…

https://dailyalts.com/wp-content/uploads/2020/03/4879249795_09ed95a347_c-lockheed-ayar.jpg
Venture Capital: Lockheed Ventures Makes Strategic Investment in Ayar Labs
March 5, 2020

Lockheed Ventures, the venture investment unit of defense conglomerate Lockheed Martin (NYSE: LMT), invested an undisclosed amount into Ayar Labs. Silicon Valley-based Ayar Labs develops broadband conductors.

https://dailyalts.com/wp-content/uploads/2020/03/55e2dc4b4e57a914ea898579ce203e7c1d22dfe05b52724d7d297ddc_640.jpg
Alternative Investments: S&P Global Market Intelligence Survey Sees Less Deal Making in 2020
March 4, 2020

S&P Global Market Intelligence surveyed private equity dealmakers from around the world. The study found that less than half of them thought 2020 would see as much deal activity as…

https://dailyalts.com/wp-content/uploads/2019/09/People-on-the-Move-Jobs-1-1.jpg
Alternative Investments: Essentia Analytics Adds New Board Member (and Other People on the Move This Week)
March 4, 2020

Essentia Analytics has added Martin Fincham to its Board of Directors. The company is a provider of behavioral data analytics and consulting for professional investors. Fincham comes to the firm with three decades…

https://dailyalts.com/wp-content/uploads/2020/03/55e5dc41574ffd08f3d18c74c5202a7f1037dde65651744e74_640.jpg
ESG: Brown University Dumps 90% of Its Fossil Fuel Investments
March 4, 2020

Brown University has divested 90% of its holdings in companies that extract fossil fuels. In a letter to the campus Wednesday, President Christina Paxson announced the decision. The school’s endowment…

https://dailyalts.com/wp-content/uploads/2019/09/Marriner_S._Eccles_Federal_Reserve_Board_Building.jpg
Private Equity: Stephen Schwarzman Isn’t Sure the Fed Can Restore Confidence
March 4, 2020

Blackstone CEO Stephen Schwarzman said it “remained unclear” if the Fed can restore economic confidence following the coronavirus outbreak. The Federal Reserve slashed interest rates by 50 basis points on…

https://dailyalts.com/wp-content/uploads/2020/03/57e6d7434c57b114a6d98074cf213576083edbed5052754d7d2f7d_640.png
Private Equity: Blackstone Group Buys NRStor C&I
March 4, 2020

Blackstone (NYSE:BX) announced today that funds managed by Blackstone Energy Partners have completed the acquisition of NRStor C&I L.P. (“NRStor”). NRStor is a Toronto-based developer of battery storage solutions, targeting…

https://dailyalts.com/wp-content/uploads/2019/12/Bill_Ackman_26410186110_cropped.jpg
Hedge Funds: Bill Ackman Prepares Investors for Coronavirus
March 4, 2020

Pershing Square Capital founder Bill Ackman sent a letter to investors about the threat of coronavirus on Tuesday. His statement came shortly after the Federal Reserve slashed interest rates by…

Scroll to Top