Gemini Space Station, LLC, founders Tyler and Cameron Winklevoss plan to use the $400 million they recently snagged through an investment round to build a metaverse for the $7.1 billion platform, according to a Forbes report Thursday (Nov. 18). Get the Full Story Complete the...
Sen. Elizabeth Warren pressed the Securities and Exchange Commission (SEC) Thursday (Nov. 18) to look into possible securities violations in a proposed special purpose acquisition company (SPAC) merger between President Donald Trump’s social media platform and Digital World Acquisition Corp. Get the Full Story Complete...
Paytm’s debut this week on the Bombay Stock Exchange, at the time of this writing, looks like the Ishtar of initial public offerings (IPOs). Lots of money and some star power – and out of the gate, it’s sinking like a stone. Get the Full...
Global investment firm Blackstone has completed a majority investment in womenswear brand SPANX, Inc., pushing the 21-year-old company’s valuation to $1.2 billion and enticing several celebrities to invest, according to a Thursday (Nov. 18) press release. Get the Full Story Complete the form to unlock...
Passwordless authentication platform Stytch on Thursday (Nov. 18) announced that it has raised $90 million in a Series B fundraising round that values the fledgling firm at $1 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Sweetgreen Inc. has unveiled the price of its initial public offering (IPO), with the salad chain saying it would sell 13 million shares of Class A common stock at $28 per share, higher than earlier projections. Get the Full Story Complete the form to unlock...
Global FinTech Airwallex raised $300 million in an oversubscribed Series E1 funding round that includes an additional $100 million, giving the Melbourne, Australia, startup a $5.5 billion valuation, according to a press release emailed to PYMNTS. Get the Full Story Complete the form to unlock...
Shares tumbled an estimated 25 percent in Paytm’s trading debut on the Bombay Stock Exchange, with shares trading at ₹1,614 hours after opening at ₹2,150, giving the company an estimated $14.2 billion valuation, according to multiple reports. Get the Full Story Complete the form to...
For small and medium-sized businesses in emerging markets that can’t afford card point-of-sale (POS) hardware, U.K.-based FinTech Nomod couldn’t have come at a better time. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...