The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
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If they listed on nasdaq over LSE, they would have been worth so much more.
Reddit IPO, valued at $9billion, have never made a profit, their business model is selling user data for AI models and they require users to post content and moderate subreddits for free.
Its crazy to me how undervalued Cab Payments are
New jobs listed yesterday.
1st line - CROWN AGENTS BANK IS A VASTLY GROWING AND REGULATED UK BANK...
Also note they are moving to new offices near London Bridge in May 2024
Results on Tuesday.
This is a $100 trillion increase from 2017.
In the emerging markets space, CABP had a market share of 1-2% in a $2 trillion market.
Just shows, for future growth, with new licenses granted, the growth possibilities are endless.
With massive Free Cash Flows, some sort of capital reallocation would be fantastic.
With such a tight free float would not be surprised with this sky rocketing faster than anyone can imagine. Just absorb the fundamentals and then look at the market cap, totally out of sync.
Exciting times ahead.
https://www.crownagentsbank.com/insights/fx-and-cross-border-payments-using-technology-to-bridge-the-divide/#:~:text=It's%20been%20estimated%20that%20by,e%2Dcommerce%20and%20international%20remittances.
Going Forward,, Looking Good,,Weāre also interested in the role digital currencies may play, especially central bank digital currencies. Some clients are showing an interest in stablecoins for moving funds from A to B, and we find this interesting in terms of cross-border micropayments.
March 21 2024
EXCLUSIVE: āAnswering the Callā ā Nkosi Moyo, Crown Agents Bank in āThe Fintech Magazineā
Crown Agents Bank is one of the few operating in the challenging environment of overseas cash aid, delivering billions of dollars every year directly into peopleās hands. We asked Head of Global Payments Mobile Sales, Nkosi Moyo, how it uses technology and data to help
When disaster strikes in countries perpetually plagued by challenges like civil conflict, disease and famine, thereās often a crisis of conscience in the well-off West over sending cash to help. Thereās a suspicion ā backed by evidence in the case of some of the biggest donation events of the last few decades ā that it wonāt reach the frontline of need, but be diverted to fund arms or pocketed by corrupt officials. Nevertheless, cash is still the most useful form of financial support in a crisis, according to Dr Kate Orkin of Oxford University. Her studies have revealed that cash transfer programmes are the preferred method of government intervention in low and middle-income countries. This, she says, citing reviews by the World Bank and Overseas Development Institute, is because thereās a recognition that, if delivered direct to them, āpoor people spend cash wellā...
Getting some traction; Full artcile published in The Fintech Magazine https://ffnews.com/thought-leader/the-fintech-magazine/the-fintech-magazine-issue-31/exclusive-answering-the-call-nkosi-moyo-crown-agents-bank-in-the-fintech-magazine/
Added aswell. Only another 5k. Holding 30k now.!! Fingers crossed.!!!
Added alot more earlier , my buy still not showing up
They need to give a divi or two out if they want this to move up, hopefully they will
With best of the best people in the company,, Do anyone think once European license is in place and USA license in place this could be trading at Ā£15- Ā£20 a share?,, it's only matter of time say next few years,, looking back at be laughing š¤£,all the way,, I've been Topping Up every given opportunity and i will continue
With Strong Cash Generated,, excess capital being built Up,, can't wait Juicy Dividends for a passive long term income,, and most likely interest rates will start to fall,, a great opportunity to buy in,, Strong Buy and Hold
Our Head of Global Payments & Sales, Nkosi Moyo is speaking at the Fintech Spotlight: Moving Africaās Money event hosted by Invest Africa Ltd.
Taking place this Thursday 21 March from 18:00 - 20:00, Nkosi will be joined by esteemed industry partners to discuss the challenges that Africa faces in regard to cross-border payments, repatriation challenges, reliability, access and scale in the fintech sector.
Panellists include Dr. Ademola Bamgbose - Senior Associate Hogan Lovells as moderator, Charlie Bird ā Head of FX Trading Verto, and Theresa Henshaw ā Chief Executive Officer United Bank For Africa (UBA) UK
For more information, visit https://lnkd.in/euiH6_Fe.
#crossborder payments #fintech #CrownAgentsBank
Full-year income on track at Cab Payments
By Sharecast News
Sharecast News | 16 Jan, 2024
Cab Payments Holdings said it had seen a 25% jump in full-year income on Tuesday, marginally ahead of expectations.
Updating on end-of-year trading, the payment processing specialist said total income for the year to 31 December was set to be 25% higher than the previous year. Total income in 2022 was Ā£109.4m.
Most analysts were expecting total income of around Ā£132m in 2023.
Cab, which debuted on the London market last summer, said it had benefited from customers switching from incumbent providers to specialists such as itself. The fintech helps businesses make payments in traditionally hard-to-reach markets.
It continued: "The company has a high quality and growing customer base, made up of G10 government entities, some of the worldās best known international development organisations, global remittance companies, emerging markets financial institutions and, increasingly, major market banks.
"Cab has laid out a clear strategy to grow its customer base, expand its presence to new markets and broaden its product offering."
Cab joined the London market in July at just over 300p. The shares then plunged in autumn, however, after it warned on profits.
At the time, Cab said it had been hit by the steep drop in the Nigerian naira as well as central bank intervention in the central African franc.
Canaccord Genuity said on Tuesday: "We are comforted to see Cab deliver a small beat to our own and consensus forecasts for the 2023 full-year.
"We believe continued rebuilding of trust with the market post the October profit warning, demonstrated through managing and exceeding expectations, is required to drive any meaningful re-rating."
Canaccord has a āspeculative buyā rating and a target price of 246p.
My price target Ā£5:85 will Come.. except Good results and re rate..
Fantastic news, thanks.
Must be a very recent membership. Never seen them liking a post before.
Crown Agent Bank is a member of the group according to their website.
Anyone have any idea the significance of why the Bretton Woods Committee is liking CABP post??
In the world of Finance/Payments linked to World Bank & IMF, there is probably no single organisation more influential than them!
So handbrake was released.
Then the 'automatic' (shorting) brake systems were activated. Lol
Over the coming weeks the automatic breaking system is going to malfunction š
With next to no free float, just shows how quickly it can move.
We had a similar move 2 weeks ago, before the breaks applied again.
IMO It's inevitable a huge gap up is to come. Only a few days left now.
That was very odd, I thought news must have been released...but nothing yet...roll on the 26th!
An American Committee too.
Could be the US licence? Massive spike
Should have piled in even more before posting this nugget of info š¤£
Better not be George Soros and chums buying in š
Anyone have any idea why such an influential organisation would be liking a post by CABP? š¤
US License?
Another TR1 inbound.?
Looks like we are moving up suddenly.
Just noticed they have liked a post by CABP on LinkedIn posted only 2 hours ago!!
https://www.brettonwoods.org/
Very intriguing.
Just look up the list of members š«£, former presidents, heads of World Bank, IMF, Chairman of the FED, George Soros etc š¤
Wonder what's going on here?
Appreciate its a totally different business.
But just look at Trustpilot results today. CABP blows every single metric out of the water be it Profitability, EPS, FCF, EBITDA, and they are valued at nearly Ā£1 billion, 4x more than CABP š«£š valued at 4x more, when CABP fundamentals are several times better LOL
Someone has kept a tight lid on the share price that's for sure. Once the handbrake is off, there will be no stopping š¤
Uzbekistan, UK intensify cooperation in banking sector
calendar
11:06 / 14.03.2024
3445
As part of the visit of the Uzsanoatqurilishbank JSCB delegation to London, representatives of Uzbekistan took part in the annual MoneyLive summit held in the UK.
MoneyLive Summit is a global event in the field of payments and banking, which brings together the world's leading financial institutions, bankers and companies specializing in this field. At this yearās event, issues such as financing fintech and startups, digital banking, and achieving process transparency using artificial intelligence were discussed.
Within the discussion area, representatives of Uzsanoatqurilishbank JSCB and British banks Barclays, HSBS, Lloyds and Crown Agents Bank (Ā£CABP) discussed issues such as export financing and reducing the state share in national banks.
Foreign partners were given a presentation on changes in the banking and financial system of Uzbekistan, the activities of JSCB Uzsanoatqurilishbank, in particular the latest financial indicators of the institution, as well as transformation processes carried out with the support of international financial institutions.
As a result of the negotiations, it was decided to hold a roadshow in May this year in order to inform the British public about the reforms being implemented in the banking sector of Uzbekistan.
https://kun.uz/en/news/2024/03/14/uzbekistan-uk-intensify-cooperation-in-banking-sector