You are using an older browser version. Please use a supported version for the best MSN experience.

Insider finance: Venmo adds crypto

Business Insider logo Business Insider 4/21/2021 ddefrancesco@businessinsider.com (Dan DeFrancesco,Jordan Parker Erb)
a group of people standing in front of a computer: REUTERS/ Brendan McDermid © REUTERS/ Brendan McDermid REUTERS/ Brendan McDermid

Good morning and welcome to Insider Finance. I'm Dan DeFrancesco, and here's what's on the agenda today:

If you're not yet a subscriber, you can sign up here to get your daily dose of the stories dominating banking, business, and big deals.

Like the newsletter? Hate the newsletter? Feel free to drop me a line at ddefrancesco@businessinsider.com or on Twitter @DanDeFrancesco.

Venmo just added crypto trading as personal finance apps look to cash in on the latest surge into digital currency

Dan Schulman sitting in a chair: PayPal CEO Dan Schulman in 2015 Getty © Getty PayPal CEO Dan Schulman in 2015 Getty

Venmo follows in its parent company PayPal's footsteps by rolling out crypto-trading features for Bitcoin, Bitcoin Cash, Ethereum, and Litecoin. See more here.

Tudor Investment CTO Miriam Roiter is retiring after 25 years building technology at the $9 billion hedge fund

Paul Tudor Jones wearing a suit and tie: Kevin Mazur/Getty Images/Robin Hood © Provided by Business Insider Kevin Mazur/Getty Images/Robin Hood

Roiter, an alum of NASA, spent more than two decades at the hedge fund and was the first woman to serve as its chief technology office. Learn more about Roiter's retirement here.

Want to buy a home right now? You might have to outbid a $50 billion private equity firm first.

a house with a fence in front of a building: Tom Merton/Getty Images © Tom Merton/Getty Images Tom Merton/Getty Images

Big companies are outbidding average Americans by offering cash and skipping due diligence. Read more here.

The leader of Citi's new tech and comms investment-banking team explains the strategy of the 'supergroup' aimed at helping clients facing digital disruption

a man wearing a suit and tie: Phillip Drury, global head of tech & comms at Citi. Citi © Citi Phillip Drury, global head of tech & comms at Citi. Citi

Philip Drury, the new group's head, explains why now is the right time to combine Citi's technology and communications investment-banking teams. Get the full rundown on his plans here.

AQR has lost more than a third of its assets since the end of 2017, but Cliff Asness' firm had a big first quarter

Cliff Asness wearing a suit and tie: Lucy Nicholson/Reuters © Lucy Nicholson/Reuters Lucy Nicholson/Reuters

AQR has had a tough go of it since the end 2017, but things are starting to turn around. Get the full rundown on its first quarter.

Fintech The Tifin Group just nabbed $22 million in funding from JPMorgan, Morningstar, and Broadridge as its CEO looks to build a one-stop wealth and asset management tech shop

a man wearing a suit and tie: Samantha Lee/Business Insider © Samantha Lee/Business Insider Samantha Lee/Business Insider

Tifin wants to be a one-stop shop for advisors in the wealth and asset management space. Vinay Nair, its founder, explains the startup's ambitions.

How much money influencers make driving sign-ups for trading apps like Robinhood and Acorns

Shannen Balogh; Samantha Lee and Skye Gould/Insider © Shannen Balogh; Samantha Lee and Skye Gould/Insider Shannen Balogh; Samantha Lee and Skye Gould/Insider

Find out what an influencer can expect to get paid for getting their followers to sign up for these trading apps. Read more here.

Odd lots:

Credit Suisse Halts Star Trader's Fund on Risk Concerns (Bloomberg)

Behind the Mysterious Demise of a $1.7 Billion Mutual Fund (WSJ)

Cryptocurrency Giant Binance.US Hires Former Top Bank Regulator (WSJ)

Ex-CFTC Chair Chris Giancarlo Joins BlockFi Board of Directors (Yahoo Finance)

Hedge Fund Giant Warns of SPAC Blowup After Betting $1 Billion (Bloomberg)

Goldman Reveals Black Workforce Numbers for the First Time (Bloomberg)

Sen. Elizabeth Warren wants to grill the billionaire who said the rich would hide their assets from a wealth tax (Insider)

Read the original article on Business Insider
AdChoices
AdChoices
AdChoices

More From Business Insider

Business Insider
Business Insider
image beaconimage beaconimage beacon