Jim Impoco

Remittance companies Remitly ($RELY) and Western Union ($WU) face a trifecta of risk: slowing growth in key markets; more affordable competition from peer-to-peer apps, cryptocurrency, or card-to-card options; and now, federal scrutiny of cross-border transfers tied to cartels that the United States designated terrorist groups in February. Remitly is the “fastest growing partner” of Grupo Elektra/Banco Azteca, a conglomerate accused of cartel money laundering.

A look at the uphill battle faced by EVgo, a bellwether of the charging industry. Hunterbrook Media’s investment affiliate, Hunterbrook Capital, did not take any positions related to this article.

It was a brutal autumn for the weapons detection company Evolv. An estimated $4-6 million accounting error cost it $300 million in market cap. Its CEO and CFO were forced out, just weeks before a settlement with the FTC over allegations of misleading marketing. An SEC probe appears to be ongoing. And they even got caught up in the drama surrounding New York City Mayor Eric Adams. But the crazy thing about Evolv?