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Texas-based fintech firm GloriFi to shut down - WSJ

Tuesday, November 22, 2022
Texas-based fintech firm GloriFi to shut down - WSJ

(Reuters) - Texas-based fintech firm GloriFi is shutting down and laid off most of its employees, the Wall Street Journal reported on Monday, citing people familiar with the matter.

The company's decision comes after it failed to secure funding needed to carry its operations through the first quarter, the report said, citing an email from GloriFi's chief marketing and communications officer Cathy Landtroop to employees.

U.S. fintechs have had a tough year on Wall Street, with investors dumping such stocks alongside other technology shares as interest rates surge, raising risks of a recession.

In July, the company had agreed to go public in the United States by merging with special purpose acquisition company (SPAC) DHC Acquisition Corp, in a deal that valued the fintech at $1.7 billion.

A SPAC is a company lacking any operations at the time of listing, made solely to raise capital for merging with a private company and take it public.

GloriFi did not immediately respond to a Reuters request for comment.

The fintech firm's operations were aimed at customers who saw Wall Street as too liberal and wanted a bank that shared their values, the report said.

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28-11-2022 11:31:32 (UTC+7)

EUR/USD

1.0358

-0.0037 (-0.36%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

EUR/USD

1.0358

-0.0037 (-0.36%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

GBP/USD

1.2052

-0.0041 (-0.34%)

Summary

↑ Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (9)

Sell (1)

USD/JPY

138.55

-0.55 (-0.39%)

Summary

↑ Sell

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (1)

Sell (6)

AUD/USD

0.6694

-0.0054 (-0.81%)

Summary

↑ Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (9)

Sell (2)

USD/CAD

1.3443

+0.0066 (+0.49%)

Summary

↑ Sell

Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (1)

Sell (7)

EUR/JPY

143.51

-1.09 (-0.75%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (8)

EUR/CHF

0.9808

-0.0019 (-0.19%)

Summary

Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (3)

Sell (3)

Gold Futures

1,750.80

-3.20 (-0.18%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (10)

Sell (0)

Silver Futures

21.270

-0.160 (-0.75%)

Summary

↑ Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (7)

Sell (0)

Copper Futures

3.5665

-0.0640 (-1.76%)

Summary

↑ Buy

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (7)

Sell (0)

Crude Oil WTI Futures

74.15

-2.13 (-2.79%)

Summary

↑ Buy

Moving Avg:

Buy (7)

Sell (5)

Indicators:

Buy (7)

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Brent Oil Futures

81.38

-2.33 (-2.78%)

Summary

↑ Buy

Moving Avg:

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Indicators:

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Natural Gas Futures

7.264

-0.066 (-0.90%)

Summary

Buy

Moving Avg:

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Sell (5)

Indicators:

Buy (5)

Sell (2)

US Coffee C Futures

164.40

+1.65 (+1.01%)

Summary

↑ Sell

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (0)

Sell (9)

Euro Stoxx 50

3,962.41

+0.42 (+0.01%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (2)

S&P 500

4,026.12

-1.14 (-0.03%)

Summary

Neutral

Moving Avg:

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Indicators:

Buy (5)

Sell (2)

DAX

14,541.38

+1.82 (+0.01%)

Summary

↑ Buy

Moving Avg:

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Sell (1)

Indicators:

Buy (3)

Sell (2)

FTSE 100

7,486.67

+20.07 (+0.27%)

Summary

↑ Buy

Moving Avg:

Buy (7)

Sell (5)

Indicators:

Buy (6)

Sell (1)

Hang Seng

17,240.00

-333.58 (-1.90%)

Summary

↑ Sell

Moving Avg:

Buy (5)

Sell (7)

Indicators:

Buy (1)

Sell (7)

US Small Cap 2000

1,869.19

+6.37 (+0.34%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (5)

Sell (2)

IBEX 35

8,416.60

+37.20 (+0.00%)

Summary

Sell

Moving Avg:

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Sell (6)

Indicators:

Buy (1)

Sell (6)

BASF SE NA O.N.

49.605

-0.280 (-0.56%)

Summary

Neutral

Moving Avg:

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Sell (3)

Indicators:

Buy (4)

Sell (4)

Bayer AG NA

55.45

-0.06 (-0.11%)

Summary

Sell

Moving Avg:

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Sell (6)

Indicators:

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Sell (6)

Allianz SE VNA O.N.

205.35

+0.40 (+0.20%)

Summary

↑ Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (8)

Sell (1)

Adidas AG

123.98

-2.68 (-2.12%)

Summary

Neutral

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (1)

Sell (5)

Deutsche Lufthansa AG

7.567

+0.036 (+0.48%)

Summary

↑ Sell

Moving Avg:

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Sell (8)

Indicators:

Buy (1)

Sell (9)

Siemens AG Class N

132.06

+1.10 (+0.84%)

Summary

↑ Buy

Moving Avg:

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Sell (0)

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Buy (7)

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Deutsche Bank AG

10.390

+0.020 (+0.19%)

Summary

↑ Buy

Moving Avg:

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Sell (0)

Indicators:

Buy (6)

Sell (0)

 EUR/USD1.0358↑ Buy
 GBP/USD1.2052↑ Buy
 USD/JPY138.55↑ Sell
 AUD/USD0.6694↑ Buy
 USD/CAD1.3443↑ Sell
 EUR/JPY143.51↑ Sell
 EUR/CHF0.9808Buy
 Gold1,750.80↑ Buy
 Silver21.270↑ Buy
 Copper3.5665↑ Buy
 Crude Oil WTI74.15↑ Buy
 Brent Oil81.38↑ Buy
 Natural Gas7.264Buy
 US Coffee C164.40↑ Sell
 Euro Stoxx 503,962.41↑ Buy
 S&P 5004,026.12Neutral
 DAX14,541.38↑ Buy
 FTSE 1007,486.67↑ Buy
 Hang Seng17,240.00↑ Sell
 Small Cap 20001,869.19↑ Buy
 IBEX 358,416.60Sell
 BASF49.605Neutral
 Bayer55.45Sell
 Allianz205.35↑ Buy
 Adidas123.98Neutral
 Lufthansa7.567↑ Sell
 Siemens AG132.06↑ Buy
 Deutsche Bank AG10.390↑ Buy
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank6,640/ 6,710
(6,640/ 6,710) # 1,468
SJC HCM6,655/ 6,735
(-5/ -25) # 1,493
SJC Hanoi6,655/ 6,737
(-5/ -25) # 1,495
SJC Danang6,655/ 6,737
(-5/ -25) # 1,495
SJC Nhatrang6,655/ 6,737
(-5/ -25) # 1,495
SJC Cantho6,655/ 6,737
(-5/ -25) # 1,495
Cập nhật 28-11-2022 11:31:34
Xem lịch sử giá vàng SJC: nhấn đây!
ↀ Giá vàng thế giới
$1,751.05-3.32-0.19%
Live 24 hour Gold Chart
ʘ Giá bán lẻ xăng dầu
Sản phẩmVùng 1Vùng 2
RON 95-V24.91025.400
RON 95-III23.78024.250
E5 RON 92-II22.67023.120
DO 0.05S24.80025.290
DO 0,001S-V26.78027.310
Dầu hỏa 2-K24.64025.130
ↂ Giá dầu thô thế giới
WTI$74.15+2.393.23%
Brent$81.39+2.453.01%
$ Tỷ giá Vietcombank
Ngoại tệMua vàoBán ra
USD24.580,0024.850,00
EUR24.959,9426.355,23
GBP29.041,9330.277,62
JPY173,62183,79
KRW15,9719,46
Cập nhật lúc 11:13:42 28/11/2022
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