In the world of mythology, Robin Hood took from the rich and gave to the poor. And in the new telling of the Robinhood tale, in the digital age, the definition of who’s rich and who’s poor can change day to day or minute by...
Goldman Sachs is launching Marcus Invest to facilitate automated stock buys, the Wall Street Journal (WSJ) reported on Tuesday (Feb. 16). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Lucid Motors, the luxury electric vehicle maker, is close to a deal for an initial public offering (IPO) at a $12 billion valuation after a deal with Michael Klein‘s special purpose acquisition company (SPAC), Reuters writes. Get the Full Story Complete the form to unlock...
One previously unreported reason Jack Ma‘s Ant Group lost its IPO was because of the complex ownership structure of the company, The Wall Street Journal (WSJ) writes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Marqeta, the U.S.-based payment card issuing startup, has filed confidentially for an initial public offering (IPO) with the Securities and Exchanges Commission (SEC), a Reuters report says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Latin American eCommerce acquirer Valoreo has raised $50 million in a seed funding round to expand its operations in the region. The funding was one of the largest seed rounds in the region, according to an announcement from Angel Ventures, one of the investors in the...
Fabric and craft retail chain JOANN plans to go public, the company announced today in an S-1 filing with the Securities and Exchange Commission (SEC). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
On Wall Street, one sign that things may be getting overheated — particularly when it comes to public listings — is when less traditional business models start announcing plans to join the fray. Get the Full Story Complete the form to unlock this article and...
Online travel startup Traveloka is aiming to launch a “blank-check” company with a listing in the U.S. this year. Ferry Unardi, the Indonesian company’s CEO, told Bloomberg Television that the plan was to raise funds through that special purpose acquisition company (SPAC). Get the Full...