Cryptocurrency exchange Bakkt, having completed a special purpose acquisition company (SPAC) combination with VPC Impact Acquisition Holdings, saw its shares slip early in its first day of trading. At this writing, the stock was down a bit more than 1%. Get the Full Story Complete...
The eCommerce spinoff of Saks Fifth Avenue — Saks — is reportedly pondering a public offering in the first six months of next year that could give it an estimated valuation of $6 billion, the Wall Street Journal (WSJ) reported, citing unnamed sources. Get the...
Car rental firm Hertz exited bankruptcy in June and filed new paperwork with the Securities and Exchange Commission (SEC) for an initial public offering (IPO) with plans to list on Nasdaq, according to multiple reports. Get the Full Story Complete the form to unlock this...
Digital asset marketplace Bakkt is going public via a special purpose acquisition company (SPAC) on the New York Stock Exchange (NYSE) Monday (Oct. 18), Decrypt reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Nigerian cross-border payments startup Flutterwave is putting its feelers out for a new round of funding at a minimum valuation of $3 billion, about triple its last value, per news reports that cited unnamed sources. Get the Full Story Complete the form to unlock this...
Through the past week, what might be termed “traditional” initial public offering (IPO) announcements seemed to dominate the headlines, with relatively fewer SPAC-related announcements. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
London-based FinTech Plum on Friday (Oct. 15) announced the close of a 12 million euro ($13.9 million) Series A funding round, part of an anticipated 20.7 million euro ($24 million) effort that will be used to expand the company and increase interest in its money...
TikTok owner ByteDance’s valuation has reached $400 billion based on anonymous sales by online traders, with some analysts seeing that number climb higher, according to a South China Morning Post report on Friday (Oct. 15). Get the Full Story Complete the form to unlock this...
Finnovate Acquisition, a special-purpose acquisition company (SPAC) dealing with the Israeli FinTech sector, has filed with the SEC in hopes of raising up to $150 million in an initial public offering. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
