Remove tag financial thresholds
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Analyst: Apple Card Acquisition Costs Estimated At $350 Per Cardholder

PYMNTS

Per the report : “The card may take years to reach our threshold for materiality, or above $1 billion in operating profit.”. Nomura estimates a price tag of $350 per consumer in terms of acquisition costs, which means breakeven is several years away.

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AI Platform By Conversica Automates Business Conversations

PYMNTS

Conversica recently raised $34 million in a Series B venture capital funding round led by Providence Strategic Growth Capital Partners, along with Toba Capital, Wellington Financial LP and Recruit Holdings, with additional funding from existing investor Kennet Partners and Founder Ben Brigham. It makes the entire system smarter,” said Terry.

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Amazon (And Others) Brace For India’s New eCommerce Tax

PYMNTS

Minister of Finance Nirmala Sitharaman said the exemption is being put into place “to provide relief to small businessmen” who fall under that revenue threshold, as well as furnish personal account numbers and Aadhaar. However, the government’s actions seem to imply that it views the eCommerce field in India as inherently unequal.

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What’s Next In Libra’s Serial Cliffhanger?

PYMNTS

For those who see Libra as the hero — where an alternative currency takes root and challenges central bank fiat, gains acceptance, promotes financial inclusion for more than a billion people — this past week’s event means that the Libra Association will live to fight another day. But the uphill climb remains steep. Everybody Into The Pool?

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SaaS Valuation

Michigan CFO

Get financial leadership without the C-suite price tag. Need financial leadership that can work with a distributed team? In general, the three-year mark is a crucial threshold for SaaS companies. You need to be able to demonstrate the value of your company convincingly if you want to bring in the venture capital you need.

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Transcript: Brian Hamburger

Barry Ritholtz

So, Brian is not a stranger to me, and we have some shared financial interests, but the reason I wanted to bring him in here is there are few people in the industry who have a better perch by which to look at the world of registered investment advisors, broker-dealers, all of the changes that are taking place in the space. Has that closed?

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Transcript: Gary Cohn

Barry Ritholtz

And that’s where I got my job, and that’s how I turned my career into a financial career. 00:32:47 [Speaker Changed] You mentioned Hank Paulson, one of the few people who comes outta the financial crisis reputation intact. Barry Ritholtz ] 00:03:33 So I had a wildly incorrect assumption. They run outta liquidity.

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