With the Trump administration increasingly signaling that it may ban Chinese technology power-house ByteDance’s blockbuster app TikTok in the United States over concerns of Beijing spying through the program, the business is considering registering as a publicly traded company on exchanges in Shanghai or Hong...
Point-of-sale lender Affirm’s initial public offering (IPO) could reach as much as $10 billion through work with Goldman Sachs, according to people familiar with the matter, The Wall Street Journal (WSJ) reported. Get the Full Story Complete the form to unlock this article and enjoy...
Berlin-based AUTO1 Group said on Thursday (July 30) it has raised $300 million from investors and plans to put the new funding toward developing its retail brand Autohero, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Remitly, which works to provide remittances and financial services for immigrants, announced an $85 million funding round amid a worldwide surge in demand for those kinds of services, a press release says. Get the Full Story Complete the form to unlock this article and enjoy...
Fitness equipment maker Tempo, whose home workout systems retail for nearly $2,000, has seen its valuation hit $250 million amid a massive surge in interest as the pandemic shut down brick-and-mortar gyms. Get the Full Story Complete the form to unlock this article and enjoy...
Humana is placing a $100 million bet that the future of healthcare can be found in a 21st-century version of the old-fashioned house call. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
TransferWise, the online money transfer service startup, is now valued at $5 billion thanks to a secondary share sale as investors embrace online payments amid the COVID-19 pandemic, the London-based company announced Tuesday (July 29). Get the Full Story Complete the form to unlock this...
Detroit-based Rocket Companies, which owns the Dan Gilbert-founded company Rocket Mortgage, is seeking an initial public offering (IPO) for $3.3 billion, Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Online health startup Ro is valued at $1.5 billion after a new funding round, furthering its business of offering customers digital medical advice, CNBC reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...