The RealReal, the online luxury reseller, is reportedly mulling an initial public offering, reported Reuters. 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,...
Momo, a Vietnam-based FinTech company that provides users with digital payment options, has reportedly received a very large Series C investment from American private equity firm Warburg Pincus. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
For short sellers – those who bet that stocks will fall rather than rise – amid Chinese FinTechs, this week has led to big gains. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Thanks to the trade war between the U.S. and China and a slowing economy in China, some of the richest investors in the country are gearing up to adopt a more conservative approach to investing. Get the Full Story Complete the form to unlock this...
Digital bank Tandem has revealed plans to go public within the next five years. The U.K. bank said an initial public offering (IPO) would “make sense,” and there was “clearly potential for multiple unicorn valuations in the digital banking space, as evidenced by recent capital...
SQN Investors, an investment firm that owns 4 percent of Yelp, is calling on the company to follow its recommendations to grow the business or prepare for a proxy fight. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Delivery logistics platform Bringg announced that it has raised $25 million in new funding, bringing its investment total to $53 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Airbnb, one of several tech giant companies potentially getting ready for an initial public offering (IPO) this year, said on Tuesday (Jan. 15) that it’s been profitable for two straight years, according to CNBC. Airbnb measures profits through earnings before interest, tax, depreciation and amortization (EBITDA)....
USA Technologies issued an open letter on Monday (January 14) to shareholders, admitting that the company “had prematurely or inappropriately recognized revenue” in 2017 and 2018. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
