What goes up must come down. 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 to our daily newsletter, PYMNTS Today. By completing this form, you agree to...
Mastercard will invest 50 million euros in Berlin-based Jumia Technologies, an online retailer focused on Africa, before its initial public offering in New York, according to a report by Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Airbnb, the home sharing company, said Monday (April 1) it is investing in OYO Hotels & Homes, the India-based hotel booking company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Lyft, the ride-hailing startup that made its debut as a publicly traded company late last week, saw shares slump in Monday (April 1) trading. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
California is gearing up to get a tax windfall from all the initial public offerings of California companies slated for this year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Cross-border money transfer startup TransferWise is looking to raise funds and will sell a stake in itself to do so, according to a report by Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Lyft shares had a strong debut on Friday (March 29), trading at $87.24, which is 20 percent higher than its IPO price of $72, according to CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Grab, the ride-hailing startup, is in discussions with Ant Financial, the payment affiliate of Alibaba and PayPal, about spinning out Grab Financial Group. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Lyft set the price for its initial public offering (IPO) of 32.5 million shares at $72 per share — valuing the company at more than $20 billion. According to CNBC, the company is expected to start trading on the Nasdaq exchange on Friday (March 29) under...