News

IPO
Chinese Online Recruiter Boss Zhipin Eyes US IPO
June 06, 2021

Kanzhun, which owns Chinese online job recruiting platform Boss Zhipin, has filed to conduct a U.S. initial public offering (IPO) that could raise as much as $912 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

B2B Payments
Tech-Focused Architect Capital To Provide Asset-Based Financing
June 06, 2021

A new San Francisco-area asset-based lender called Architect Capital has launched with more than $100 million to lend to mostly technology companies in the U.S. and Latin America, according to a press release. Get the Full Story Complete the form to unlock this article and...

Regulation
Goldman, Others Tighten Rules On Betting Against Retail Traders’ Meme Stocks
June 06, 2021

New rules could be on the horizon as Wall Street ponders meme stocks, Bloomberg reported. 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,...

Investments
The Big NFT Bust
June 05, 2021

Flash back about 15 minutes ago, and non-fungible tokens (NFTs) were the latest craze sweeping the payments industry. Jack Dorsey sold off his first-ever tweet for $2.5 million. Tampa Bay Buccaneers (formerly New England Patriots) tight-end Rob Gronkowski announced plans to sell over 300 NFTs spotlighting...

Bitcoin
Bitcoin Daily: India Restates Digital Currency Trading Worries; Unchained Capital Unveils $25 Million Series A;...
June 04, 2021

India’s central bank restated its hesitation when it comes to digital currency on the heels of informing financial institutions that they should set aside a 2018 ban on trading, Bloomberg reported on Friday (June 4). The Reserve Bank of India (RBI) recently told lenders not...

International
Today In Payments Around The World: Flink Lands $240 Million; Shanghai Looks To Give Away...
June 04, 2021

In today’s top payments news around the world, Flink has notched $240 million from a Series A funding round, while Shanghai will reportedly conduct a raffle to give residents the chance to win crypto. Plus, the European Union is introducing plans for a digital identification...

Regulation
From Taxes To Trading, Federal Scrutiny of Crypto Regulation Is On The Rise
June 04, 2021

In the end, the ultimate fate of cryptos – where they trade, how they’re used, maybe even who can use them – may be left up to a hodgepodge of acronyms, a jumble of letters, an alphabet soup. Get the Full Story Complete the form...

Retail
Today In Retail: Five Below Grows Brick-And-Mortar Presence; Zumiez Experiences Stimulus-Fueled Sales Surge
June 04, 2021

In today’s top retail news, Five Below and Zumiez each separately announced soaring net sales. Plus, lululemon athletica inc. said it is seeking to grow its inventory. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

IPO
Cybersecurity Startup SentinelOne Files For IPO
June 04, 2021

SentinelOne, Inc. plans to go public on the New York Stock Exchange under the “S” ticker symbol, according to an S-1 filing from the company with the U.S. Securities and Exchange Commission (SEC) on Thursday (June 3). Get the Full Story Complete the form to...