RE:RE:RE:Marketwall and Intesa Sanpalos DealAppreciate the response.
Firstly, here is the PR from 2015 which was issued in Italian"
English Translation:
Intesa Sanpaolo: with Marketwall for new trading platform
1.40pm MILAN (MF-DJ)--Intesa Sanpaolo has signed an agreement with the Italian start up Marketwall which will change the face of its financial information and trading platform. Thanks to the collaboration with Marketwall, we read in a note, the bank will be able to offer customers an even wider range of real-time information and extra content, accessible through a highly intuitive and effective interface. Intesa Sanpaolo's five million "multi-channel" customers will have access to an unprecedented pool of news on markets and companies around the world, real-time quotes for 50,000 instruments, fundamental analysis data and benchmarking, trading ideas and multimedia editorial content in collaboration with leading newspapers. Everything will be fully integrated into the new digital platform currently being designed, which Intesa Sanpaolo will launch in 2016. Furthermore, through the Market Hub platform of Banca Imi, the Group's Investment Bank, Intesa Sanpaolo becomes the negotiating bank for orders that pass through the 'app developed by Marketwall, present on millions of smart devices (smartphones, tablets, smart TVs, notebooks, smartwatches) from Samsung, Sharp, JVC, Pioneer and others. In the coming weeks there will be the launch of the new co-branded Marketwall-Intesa Sanpaolo version of the app, which will combine information functions with ordering and securities trading functions. Marketwall is a start up created on the initiative of Marco Roscio Ricon, current CEO of the company, who for years was responsible for the Desktop & Internet applications of the London Stock Exchange Group. It is currently controlled by the listed Canadian company AnalytixInsight. Intesa Sanpaolo has reserved the right to enter Marketwall's capital for a quota, exercisable by 2018, which would allow it to become the company's key shareholder. com/fch (end) MF-DJ NEWS 0713:40 Sep 2015
Secondly, my point with Revolut is moreso aimed at a fintech enterprise that started at roughtly the same time, contrasting revenue growth from a blank canvas perspective. OK, take Wealth Simple or likely other start ups (RobinHood) backdropped with the supposed pedigree that Marketwall WAS SUPPOSED TO HAVE. Intesa, SAMSUNG, Morningstar and Refinitiv...where are they and how have they impacted ALY shareholders?
The results from ALY are DISGUSTING. The results, contrasting WealthSimple are DISGUSTING.
Another point of contention is the capital raise for the creation of Marketwall NA. Where did that money disappear to?
BTW, have you called Natalie Hirsch or Vince Kadar to ask them?