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☆ Jack Dorsey's payments company Block expands corporate card service to the UK
▼ + stars: | 2024-10-31 | by ( Ryan Browne | ) www.cnbc.com time to read: +3 min

LONDON — Block, the payments company owned by tech billionaire Jack Dorsey has launched its corporate card service in the U.K. in a bid to deepen its expansion into the country and take on big incumbents like American Express . In the U.K., Square Card will come up against local banking giants like Lloyds and NatWest . Hussain-Letch highlighted The Vinyl Guys as an example of an early adopter of its corporate card offering. The vehicle branding and signage printing shop based in Stafford used the corporate card as part of a testing phase with domestic U.K. customers. Once an employee is onboarded onto the Square Card program, they can begin using within their own digital wallet apps.

Persons: Jack Dorsey, Samina Hussain, Hussain, Letch, We've, Rachel Reeves, Reeves Organizations: American Express, CNBC, Citigroup, U.K, Lloyds, NatWest, Entrepreneurs, Tax Locations: Britain, North America, U.S, Canada, Stafford

☆ Y Combinator-backed trading app Pluto Markets just raised $2.6 million with this 14-slide pitch deck
▼ + stars: | 2024-02-07 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +2 min

Pluto Markets, a trading app backed by famed accelerator Y Combinator, has raised $2.6 million in fresh funds. The Danish fintech startup, founded in 2021, wants to upend the market for retail trading offerings in Europe. "Companies raised a lot of money to blitz scale across the EU but have now focused on their core markets. Unlike most fintech brokerages, Pluto secured an EU-wide investment license before it had raised $1 million in funding, having bootstrapped and stayed lean. You can check out Pluto Market's 14-slide pitch deck below:

Persons: Joakim Bruchman, Goldman Sachs, We've, Bruchmann, Pluto, Oscar Vingtoft Organizations: Business, Companies, Trade Republic, Saxo Bank, EU Locations: Danish, Europe, Denmark, France, Germany, Berlin

WHAT’S ON THE BALLOTThe Associated Press will provide coverage for the Democratic and Republican presidential primaries on Tuesday and the Republican caucuses on Feb. 8. The Republican primary ballot includes Haley, who's a former U.N. ambassador and former South Carolina governor, along with former primary candidates Mike Pence and Tim Scott and four other GOP hopefuls. Republican voters may participate in both the Republican primary and caucuses. DECISION NOTESThe Associated Press will declare winners in both the Democratic and Republican primaries on Tuesday, as well as the Republican caucuses on Feb. 8. As of Wednesday, nearly 124,000 Nevadans had already cast their primary ballots, about 61% in the Democratic primary and 39% in the Republican primary.

Persons: Donald Trump, Nikki Haley, Trump, Joe Biden, Marianne Williamson, Williamson, Dean Phillips, Haley, who's, Mike Pence, Tim Scott, Ryan Binkley, “, isn’t, ”, Nevadans Organizations: WASHINGTON, —, State, GOP, South Carolina, Democratic, Republican, Press, Biden, U.S . Rep, Dean Phillips of, South, “, WHO, THE, Caucus, Associated Press, AP, Nevada Republican Locations: — Nevada, Iowa, Nevada, Dean Phillips of Minnesota, South Carolina

Political Cartoons View All 253 ImagesHere’s a look at what to expect on Saturday:PRIMARY NIGHTThe South Carolina Democratic presidential primary will be held on Saturday. DECISION NOTESBiden’s decisive victory in the 2020 South Carolina primary offers some useful benchmarks in determining the winner on Saturday night as votes are being counted. He was also the top choice among Democratic primary voters in the state’s Democratic and Republican strongholds, as well as in the more moderate areas in between. AP's VoteCast survey of 2020 South Carolina primary voters found that 64% of Black voters supported Biden, compared with 33% of white voters. In the 2020 South Carolina Democratic primary, the AP first reported results at 7:09 p.m.

Persons: Joe Biden’s foundering, Biden, Dean Phillips, Marianne Williamson, Phillips, Williamson, Pee, AP's, Vermont Sen, Bernie Sanders, Pete Buttigieg, Sanders, it’s Organizations: WASHINGTON, Democratic, Democratic National Committee, New Hampshire, South, . Rep, Dean Phillips of Minnesota, South Carolina Democratic, Press, Biden, WHO, Republican, Carolina, Columbia, Palmetto State, AP, Voters, Democratic National Convention Locations: South Carolina, Iowa, New Hampshire, Carolina, Pee Dee, Waccamaw, Palmetto, Vermont, South Bend , Indiana, Chicago

☆ Pleo appoints new CFO as it looks to get in shape for IPO
▼ + stars: | 2023-12-13 | by ( Ryan Browne | ) www.cnbc.com time to read: +2 min

Danish fintech firm Pleo has appointed a new chief financial officer, the company told CNBC exclusively, beefing up its executive team — a sign the company is readying itself for an eventual initial public offering. Most notably, Lonning had experience as CFO at Danish food enzyme maker Chr Hansen. Chr Hansen, which is listed on the Danish stock exchange, is one of Denmark's most valuable publicly listed firms, with a market cap of more than $10 billion. The European Union recently approved a $22 billion merger between Chr Hansen and competitor Novozymes. That's a dilemma for companies, but even more so for the lifestyle of Pleo and tech companies."

Persons: Pleo, Soren Westh Lonning, Chr Hansen, Lonning, Novozymes Organizations: CNBC, Danish bioscience, WS Audiology, Danish, European Union

Pledged and bound delegates can be further divided into at-large delegates and district delegates. At-large delegates represent the entire state, while district delegates represent specific districts within the state, usually congressional districts but sometimes state legislative districts. How does a candidate ‘win’ delegates? Others allocate just their statewide delegates according to the statewide vote and their district delegates according to the vote in each district. Congressional district delegates would be awarded the same way, based on results in each individual district.

Persons: isn’t, it’s, — Organizations: WASHINGTON, Republican National Committee, Electoral College, White, Delegates, Democratic, Republican, of Columbia, Democrats, U.S . Senate, Democratic National Committee, RNC, Congressional, Republicans, New, South Carolina, DNC Locations: Guam , Montana , New Mexico, South Dakota, Iowa, New Hampshire, Nevada, South Carolina, Michigan

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