Traveloka is getting closer to going public through a special purposes acquisition company (SPAC) that could value the Indonesian online travel startup at $5 billion, Bloomberg reported on Friday (April 9). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Community, the text messaging platform that lets brands and celebrities message consumers and fans, has raised $40 million in investments from Salesforce, the company announced on Friday (April 9). This new round of funding brings the total amount raised to $90 million, with investments coming...
Elo, a Brazil-based payments firm, is planning its initial public offering (IPO) likely for the second half of 2021 and is seeking a valuation of about $7 billion, Reuters reported, citing anonymous sources. Get the Full Story Complete the form to unlock this article and...
Rosier prospects of growth in America could spell trouble for investments in emerging markets as investors choose to put their money into more robust economies, The Wall Street Journal reported on Thursday (April 8). Get the Full Story Complete the form to unlock this article...
The first quarter of 2021 marked a record-setting time for startup funding, with investors pumping $72.7 billion into North American tech startups’ growth-stage rounds. As Crunchbase reported on Thursday (April 8), that total is the highest in the history of the dataset. Q1 funding was...
SPACs may be flying high, but risks lie beneath the surface. As reported in The Wall Street Journal on Thursday (April 8), John Coates, acting director at the Securities and Exchange Commission’s corporate finance unit, warned of “some significant and yet undiscovered issues” with SPACs....
StockX, the eCommerce marketplace for products such as sneakers and streetwear, has wrapped up financing that left the company with a $3.8 billion valuation, according to a Thursday (April 8) press release. The company concluded a $195 million secondary tender offering in addition to a...
London FinTech startup TrueLayer raised $70 million in a Series D funding round led by new investor Addition, as well as existing backers Anthemis Group, Connect Ventures, Mouro Capital, Northzone, and Temasek. Get the Full Story Complete the form to unlock this article and enjoy...
Taking a company public used to be an occasional, well-celebrated event on Wall Street, complete with the signature moment of the newly-minted CEO ringing the opening or closing bell at the New York Stock Exchange. That, however, is a nostalgic look at the process. So...