In the U.S., large luminary technology firms tend to take their time getting to their initial public offerings (IPOs). 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...
Wells Fargo Strategic Capital (WFSC) is backing the London-based blockchain analysis firm Elliptic with a $5 million investment, bringing the startup’s Series B round to $28 million, Elliptic announced in a press release on Thursday (Feb. 13). Get the Full Story Complete the form to...
Fenergo, a Dublin-based FinTech startup that helps other banking organizations deal with regulatory compliance, onboarding and “lifecycle management,” has raised $80 million and has a valuation of $800 million, according to a report. Get the Full Story Complete the form to unlock this article and...
Cross-border consumer credit startup Nova Credit has raised $50 million in Series B equity financing, according to a Wednesday (Feb. 12) release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
SoftBank’s quarterly profit dropped 99 percent to ¥2.59 billion (£18.2 million) following steep Vision Fund losses, according to multiple reports on Wednesday (Feb. 12). The Vision Fund lost 225.1 billion yen (S$2.84 billion) for the three months ending in December, according to The Business Times. Get...
The State Bank of Vietnam (SBV) has proposed the removal of the 49 percent foreign ownership limit on payment intermediary businesses, according to reports this week. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Alibaba may be blocked from a new program in China that would allow investors in Hong Kong to buy its stocks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Jeff Bezos, CEO of Amazon, has sold off $4.1 billion in shares of his own company in the last 11 days as part of a new prearranged trading plan, according to a report from CNBC. Get the Full Story Complete the form to unlock this...
With a potential initial public offering (IPO) on the horizon, Airbnb reportedly registered a loss in the first nine months of 2019 amid an increase in costs. The loss is said to raise questions about the timing and valuation of the tech company’s introduction to the public...
