Category: Money

Fintech – Financial Technology

Fintech refers to the integration of technology into offerings by financial services companies in order to improve their use and delivery to consumers. It primarily works by unbundling offerings by such firms and creating new markets for them.

Fintech startups received $17.4 billion in funding in 2016 and were on pace to surpass that sum as of late 2017, according to CB Insights, which counted 26 fintech unicorns globally valued at $83.8 billion. The same firm reported that there were 39 VC-backed fintech unicorns worth $147.37 billion by the end of 2018.

V ~ Visa Inc.

Cash to plastic conversion remains strong, with approximately 0.65-0.9% annual rate supporting the secular growth story. Visa may have a near-term pricing advantage against its chief rival, Mastercard. More buyback authorization may be on the horizon.

Visa, Inc. (V) is a network that facilitates electronic fund transfers via branded credit, debit, and gift cards. On an annual basis, it processes more than 110 billion transactions, with the total payments volume exceeding $8 trillion. Visa has one of the world’s best-recognized brands, operating across nearly all countries around the world and commanding more than 60% of the global payments volume share together with its main rival, Mastercard (MA). In 2018, the company generated $20.6 billion in revenue, with its current market cap approaching $400 billion.

BIAWX – Brown Advisory Sustainable Growth Fund Investor Shares ~ Qty 105.55

Top 10 Holdings As of 08/31/2019

CompanyYTD Return
(as of 09/25/2019)
% of Assets
Microsoft Corp+37.21%5.06%
American Tower Corp+40.36%4.96%
Danaher Corp+39.59%4.70%
Visa Inc Class A+32.85%4.50%
Intuit Inc+35.35%4.46%
Amazon.com Inc+17.73%4.03%
Thermo Fisher Scientific Inc+26.16%3.84%
Verisk Analytics Inc+44.72%3.81%
Alphabet Inc A+19.23%3.67%
UnitedHealth Group Inc-10.82%3.52%

PREFX – T. Rowe Price Tax-Efficient Equity ~ Qty 100.61

Top 10 Holdings As of 06/30/2019

CompanyYTD Return
(as of 09/25/2019)
% of Assets
Amazon.com Inc+17.73%3.09%
Visa Inc Class A+32.85%2.51%
Alphabet Inc Class C+20.37%2.51%
Facebook Inc A+39.45%2.40%
Mastercard Inc A+44.58%2.17%
Microsoft Corp+37.21%2.08%
UnitedHealth Group Inc-10.82%1.33%
Boeing Co+19.75%1.09%
The Home Depot Inc+32.76%1.03%
NVIDIA Corp+33.51%1.03%

BIAGX – Brown Advisory Growth Equity Fund ~ Qty 67.99

Top 10 Holdings As of 08/31/2019

CompanyYTD Return
(as of 09/25/2019)
% of Assets
Microsoft Corp+37.21%4.52%
Visa Inc Class A+32.85%4.49%
Zoetis Inc Class A+45.87%4.46%
SBA Communications Corp+51.96%4.45%
Amazon.com Inc+17.73%4.03%
Roper Technologies Inc+33.65%3.76%
PayPal Holdings Inc+23.84%3.75%
Intuit Inc+35.35%3.68%
Thermo Fisher Scientific Inc+26.16%3.66%
Sherwin-Williams Co+38.40%3.45%

Arbor Realty Trust, Inc. (ABR) ~ Qty 100

Arbor Realty Trust, Inc.. Arbor Realty Trust, Inc. is a real estate investment trust. The Company invests in a portfolio of structured finance assets in the multifamily and commercial real estate markets, primarily consisting of bridge and mezzanine loans, including junior participating interests in first mortgages, preferred and direct equity. Its segments include Structured Business and Agency Business. In addition, the Company may also directly acquire real property and invest in real estate-related notes and certain mortgage-related securities.

It focuses on investment types, such as Bridge Financing, Mezzanine Financing, Junior Participation Financing and Preferred Equity Investments. It offers bridge financing products to borrowers, typically seeking short-term capital to use in an acquisition of property. It offers mezzanine financing in the form of loans that are subordinate to a conventional first mortgage loan and senior to the borrower’s equity in a transaction.

Square, Inc. ~ (SQ)

“Bulls argue that the growth runway is huge for Square. While payment processing is the firm’s bread and butter right now, that won’t always be the case. SQ has gone from being simply a payment processor for small businesses to becoming a one-stop shop for merchants. Square has been tacking on extra offerings for years now, from inventory management and shipping to payroll and lending. Those extra services differentiate SQ from its peers, and make switching costs for merchants much higher because they already rely on Square’s ecosystem in order to run their businesses efficiently. “

By Laura Hoy, InvestorPlace ContributorMay 29, 2019, 2:49 pm EDT

Square Inc. ~ (SQ)

Square Thriving Through Acquisitions And PaaS

Square is looking to offer a comprehensive ecosystem of services that’s sticky or something that a young entrepreneur or startup might grow to use.

These include business loans, payroll services, POS solutions, and now omnichannel commerce.

This expansion of its ecosystem makes it attractive but also increases its range of competition.

Earlier this month, mobile payments platform Square (NYSE:SQ) announced its first quarter results. While the results outpaced market expectations, a lackluster first quarter outlook disappointed the market and the stock fell 8% since