15. March 2021 | 07:18 CET
Palantir, Marble Financial, Deutsche Telekom - Investing in the gold of the future!
Right now, we are living in a turning point of time. Digital transformation is generating more and more data. The future markets of artificial intelligence and machine learning enable entire industries to structure, analyze and evaluate vast amounts of data. Digital assistants, cooperative robots, autonomous vehicles and drones are products based on these technologies. Companies operating in these segments are currently still in the red. The capital that these startups are building at a high frequency is structured data, the gold of the 21st century.
time to read: 3 minutes by Stefan Feulner
First Mover from Canada
Marble Financial is a first mover in Canada when it comes to financial wellness. The market is huge; around one-third of the 36 million people in Canada do not have a bank account. In addition, there are about 137,000 insolvencies per year. The ever-increasing indebtedness of households and the monthly underfinancing are not only commonplace there. With the power of machine learning, data science and artificial intelligence on its proprietary "My Marble" platform, Marble Financial aims to solve this problem. Its current 3 technology solutions, Fast-Track, Score-Up and Maestro, aim to help consumers regain bank accounts and credit access.
With Score-Up, it is possible to analyze the customer's financing structure and income situation and use optimization tools to prescribe improvements. As a result, this increases the customer's credit score and the prospect of obtaining a loan from financial institutions. Fast-Track, on the other hand, offers a way for people who have slipped into personal insolvency to integrate back into the financial system. The Maestro eLearning platform is designed to teach consumers how to handle household accounts, loans and money in general. The ambitious fintech Company's next goal is to launch a secured credit card in collaboration with one of Canada's fifth-largest major banks. Also to be launched later this year is a tool that uses artificial intelligence to identify insolvencies early on from external customer data, filtering them out while recommending automated credit rehabilitation solutions.
Currently, Marble Financial is rolling out its SaaS platform through collaborations. It has partnered with LendforAll Canada, a lending platform with 25,000 borrowers, and Canadian Financial, which has over 200 lenders in its portfolio. This engagement allows Marble to make more connections with those who need help and accelerates its mission to help underserved people build financial futures. The Company, which trades in Germany and Toronto, has developed an innovative and promising technology with high economies of scale. An expansion into the USA, which has a similar financial system as the home market in Canada, is technically possible at any time. The market capitalization of Marble Financial is currently only EUR 11.7 million.
End of the correction
The data analysis specialist and market leader Palantir Technologies is already a completely different house number. The US Company, which lost more than 30% of its value in recent weeks due to its weaker than expected quarterly figures and the end of the lock-up period for existing shareholders, was able to announce another significant order. A six-year strategic partnership with Faurecia, one of the world's leading automotive technology companies, was announced.
The Palantir Foundry platform will enable Faurecia to reduce raw material consumption, improve competitiveness in research and development, ensure optimized purchasing and track and analyze all steps towards CO2 neutrality. From a chart perspective, the situation around Palantir shares has also improved significantly. The sell-off ended at the test of the annual low of January at USD 22.50. This support was torn but was recovered in the course of trading. Currently, the data octopus is trading at USD 26.92 in volatile trading. A successful overcoming of the USD 30 mark would result in a price target of USD 38 again.
The chart of Deutsche Telekom broke out on Friday. After a sideways movement lasting more than 5 years, the former people's share is preparing to climb to the multi-year high of EUR 18.15. Extremely positive analyst opinions triggered this. For months, it has been apparent that financial analysts have chosen the Bonn-based Company as their new favorite. Both the experts at Deutsche Bank and Berenberg continue to see Deutsche Telekom as a buy candidate. Berenberg sees EUR 22 as a fair value, while Deutsche Bank has written EUR 22.50 on the price tag.