Education gig economy platform Nerdy Inc. has struck a deal to go public by merging with TPG Pace Tech Opportunities, a special purpose acquisition company (SPAC), according to a Friday (Jan. 29) announcement. Get the Full Story Complete the form to unlock this article and...
Retail traders in two states have sued Robinhood, the app intended to make stock trading accessible, over the decision made to stop buy orders on GameStop (GME) stock and other “meme stocks” like AMC Theaters, in the current controversy involving Reddit and the stock market,...
Coinbase plans to go public through a direct listing, bypassing the traditional initial public offering (IPO) method, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
In a year in which over 80 new special purpose acquisition companies (SPACs) have made their debut, WeWork is in discussions to merge with a blank-check company, noted The Wall Street Journal, citing unnamed sources. Get the Full Story Complete the form to unlock this...
Third-party buy now, pay later (BNPL) solution Scalapay has raised $48 million in a funding round, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
U.S. challenger bank Dave has secured a $100 million credit facility from alternative investment firm Victory Park Capital (VPC). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...
Chinese ride-hailing giant Didi Chuxing has raised $300 million for its autonomous driving unit, adding to the $500 million the company raised in May, according to a Reuters report on Thursday (Jan. 28). Get the Full Story Complete the form to unlock this article and...
Brazilian FinTech Nubank raised $400 million in a Series G funding round led by Singapore’s GIC, Whale Rock and Invesco, Nubank said in a Thursday (Jan. 28) blog post. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Squarespace announced that it had applied for a confidential registration to go public with the Securities and Exchanges Commission (SEC), a release says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
