News

IPO
Beachbody, Myx Fitness Combined Company Goes Public Via SPAC
June 28, 2021

The Beachbody Company Group is merging with connected fitness company Myx Fitness Holdings went public today (June 28) via a collaboration with the special-purpose acquisition company (SPAC) Forest Road Acquisition Corp. to create a new health and wellness subscription service for the mass market.  Get the...

News
Today In Payments: Venmo To Charge Goods, Services Providers; US Credit Card Issuers Up Ante...
June 28, 2021

In today’s top news, Venmo is adding transaction charges for goods and services, and U.S. credit card companies are looking to encourage consumers to borrow. And GlaxoSmithKline is planning to take its consumer health division in a spinoff listing. Get the Full Story Complete the...

B2B Payments
CBD To Provide Digital Banking For DMCC-Licensed SMBs In UAE
June 28, 2021

The Commercial Bank of Dubai (CBD) has formed a partnership with the Dubai Multi Commodities Centre (DMCC) aimed at supporting business owners and promoting entrepreneurship. Business owners with DMCC trade licenses will now have access to CBD’s banking products and services to boost their business...

Delivery
DoorDash Makes Play For D2C Grocery With July Fourth Meat-Free Grilling Kits
June 28, 2021

As the walls separating restaurants and grocery stores continue to decay, DoorDash is using a (metaphorical) wrecking ball to speed up the process with its new partnership. The company announced Monday (June 28) that it is collaborating with plant-based protein company Beyond Meat to offer...

B2B Payments
Mastercard Backs Instamojo For SMB Digitization
June 28, 2021

Mastercard is backing Instamojo to help the Indian startup advance its full stack digital solutions to micro, small and medium enterprises (MSMEs), as well as to independent contractors working in the gig economy, The Economic Times reported on Monday (June 28). Get the Full Story Complete...

IPO
Korean Digital Lender Kakao Bank Sets Sights On Raising $2.3B In IPO
June 28, 2021

South Korea’s Kakao Bank is forging ahead with plans for an initial public offering (IPO) of stock. Bloomberg reported on Monday (June 28) that the digital-first lender is now looking to raise $2.3 billion. Get the Full Story Complete the form to unlock this article...

Social Commerce
Instagram Expands In-App Checkout To UK
June 28, 2021

Instagram began testing its in-app Checkout capabilities in the United Kingdom on Monday (June 28), a step forward for the social media company’s eCommerce aspirations, allowing consumers to purchase products using Facebook Pay without leaving the app. Get the Full Story Complete the form to...

eCommerce
Online Classifieds Marketplace Carousell Eyes $1.5B SPAC Deal
June 28, 2021

Singapore-based Carousell is looking at going public by merging with a so-called blank-check company in the U.S. Sources told Bloomberg that the multinational operator of online classified advertising is working with an adviser. Get the Full Story Complete the form to unlock this article and...

IPO
Cybersecurity Startup SentinelOne Ups IPO Price, Eyes $8.1B Valuation
June 28, 2021

Autonomous cybersecurity platform SentinelOne has amended the offering for its initial public offering (IPO) to reflect a price increase, the company said in a press release on Monday (June 28). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...