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Latest: Fintech News

Zip Announces $491m Takeover of BNPL Rival Sezzle – SMH
Zip Announces $491m Takeover of BNPL Rival Sezzle – SMH

Zip said on Monday it was offering 0.98 Zip shares for every Sezzle share, which represented a 22% premium to Sezzle’s closing price

Singapore Firms Told To Shore Up Cyber Defences – ST
Singapore Firms Told To Shore Up Cyber Defences – ST

Singapore Computer Emergency Response Team, or SingCert, advised companies to strengthen vigilance and online defences to protect themselves from cyber attacks

Taiwan Says Ukraine Won’t Seriously Impact Chip Supply Chain
Taiwan Says Ukraine Won’t Seriously Impact Chip Supply Chain

Taipei has moved reassure manufacturing chiefs that its semiconductor production lines won’t be affected by Russia’s invasion of Ukraine

China’s Didi Performs U-Turn On Russia Exit Decision
Sanctions On Russia Remind China Over Its Need For Chips
Chinese Online Retailer Shein Puts US IPO on Hold
Jack Dorsey’s Block Beats Profit Forecast, Australian Shares Soar
Coinbase Reports Surge in Crypto Trading Volumes
Vodafone Unit Buys Stake in Cybersecurity Firm – NZ Herald
Alibaba Reports Smallest Quarterly Revenue Rise Since 2014

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Fintech: The Big Picture

ASML in the Centre of the Chip War

With a market cap of$240 billion, chipmaker ASML is Europe’s most valuable tech company. Its market-leading position comes from its monopoly in Extreme Ultraviolet Lithography (EUV) machines which allow chipmakers to make smaller, faster and smarter semiconductors