Investments

IPO
Shares Of Lender Upstart Gain 47 Pct After IPO
December 16, 2020

Upstart, which works to partner banks with customers looking for loans, saw its shares surge 30 percent upon its public debut Wednesday (Dec. 16), according to a report from MarketWatch. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

IPO
eCommerce Site Wish Drops 16.4 Pct On First Day Of Trading
December 16, 2020

ContextLogic, which is the parent company for eCommerce giant Wish, saw shares fall 16.4 percent Wednesday (Dec. 16) for the company’s market debut, CNBC reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

IPO
Tencent-Backed WeDoctor Still Planning Huge IPO By February
December 16, 2020

Chinese healthcare technology group WeDoctor is still planning a massive IPO in Hong Kong in the coming months, despite the recent departure of its CFO, John Cai. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

IPO
eCommerce Site Wish Prices IPO Shares At $24, Report Says
December 15, 2020

In another sign of the strength of initial public offerings (IPOs) right now, eCommerce site Wish has sold shares to investors at the top of its price range, the Financial Times (FT) reported. Get the Full Story Complete the form to unlock this article and...

Investments
Bridgetown SPAC Considering $10 Billion Indonesian Tokopedia Deal
December 15, 2020

Blank-check acquisition firm Bridgetown Holdings is considering a deal with the Indonesian eCommerce firm Tokopedia, Reuters reported on Tuesday (Dec. 15), citing sources. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Investments
FireEye Closes $400 Million Blackstone Investment Days After Cybersecurity Breach
December 14, 2020

FireEye has closed on a $400 million investment by Blackstone, barely a week after one of the world’s top cybersecurity firms disclosed that its own files were hacked by what federal authorities suspect was a foreign intelligence service. Get the Full Story Complete the form...

IPO
Why Affirm Would Delay Its IPO Amid A Hot Market
December 14, 2020

It might seem the recent huge gains by Airbnb and DoorDash on their first trading days following initial public offerings would have BNPL giant Affirm Holdings Inc. speeding up its own planned IPO. But the company is reportedly actually doing the opposite. Get the Full...

IPO
POS Lender Affirm Delays IPO Until At Least January
December 13, 2020

Point-of-sale (POS) lender Affirm is putting on hold its initial public offering (IPO), which had been scheduled for this month, The Wall Street Journal reported, citing unnamed sources. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Investments
Cleo Raises $44 Million In Series B For Digital Financial Adviser Platform
December 11, 2020

Cleo has raised $44 million in a Series B financing to expand its digital financial adviser platform targeted at Gen-Z consumers, the company announced Friday (Dec. 11). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...