Tag: Brokerage

Insights on Cloud Services Brokerage Market within the Technology Hardware, Storage & Peripherals Sector | Increasing Adoption of Cloud Computing to Emerge as a Key Driver | Technavio

LONDON–(BUSINESS WIRE)–The global cloud services brokerage market is expected to grow at a CAGR of over 20% during 2020-2024, according to the latest market research report by Technavio. The report provides a detailed analysis on the impact and new opportunities created by the COVID-19 pandemic. The report also helps clients keep up with new product launches in direct & indirect COVID-19 related markets.

Learn more about how COVID-19 is impacting the cloud services brokerage market – Request a free sample report

The increasing adoption of cloud computing is expected to fuel the growth of the global cloud services brokerage market during the forecast period. In addition, factors such as access to expertise and the low cost of cloud services are expected to contribute to the growth of the market.

Cloud Services Brokerage Market: COVID-19 Impact Analysis on Related Markets

Global Public Cloud Services Market 2020-2024

Get FREE Sample

Read More

Real estate brokerage Compass to acquire Seattle-based home closing startup Modus

Modus CEO Alexander Day; co-founder Jai Sim; and Abbas Guvenilir. (Modus Photo)

New York-based real estate brokerage and tech company Compass will acquire Modus, a Seattle startup that automates the title and escrow phase of closing on a home.

Compass plans to integrate Modus’ software into its tech-fueled platform used by more than 18,000 real estate agents across 165-plus U.S. cities. The Modus brand will continue to exist and its 60-plus employee team will join Compass, which employs more than 2,000 people.

Founded in 2018, Modus digitizes the home closing process. Last year it raised a $12.5 million round co-led by NFX and Felicis Ventures. Other backers include Liquid 2 Ventures; Mucker Capital; Hustle Fund; 500 Startups; Rambleside; and Cascadia Ventures. The company has raised $14 million to date.

“Compass’s customer-first approach is right in line with the way we think about our business – since day one we have

Read More

Ant-Backed Brokerage Looks to Tap India’s Stock Trading Mania

(Bloomberg) — India’s highly competitive stock broking industry has a fierce new challenger.

Loading...

Load Error

Paytm Money, a unit of the nation’s largest digital-payments startup Paytm which is backed by Chinese billionaire Jack Ma’s Ant Group, is aiming to build a top stock broker by helping local retail investors avoid the biggest investing hazard — getting burned during a down cycle and quitting for good.

The app made zero-fee stock trading available to its millions of users last month. It plans to put algorithms to work so India’s young, smartphone-savvy newbie investors can be nudged to exit loss-making trades and book profits at the right opportunity.

The newcomer is stoking competition among Indian brokerages rushing to give hungry traders the perfect platform. Nimble, technology-focused online brokers are pulling ahead of older established rivals by offering easy-to-use platforms with minimal charges. Unable to keep up with falling prices and fast-paced online

Read More