PayPal is extending additional support to Black-owned businesses by way of a $5 million grant that builds on the $10 million PayPal Empowerment Grant program launched in June. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Canadian FinTech Neo Financial said that it has raised CAD $50 million in a Series A funding round that included $25 million in funding and $25 million in debt facility financing. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Katapult Holding, Inc. and special purpose acquisition company (SPAC) FinServ Acquisition Corp. said on Friday (Dec. 18) that they have entered into a definitive merger deal. The arrangement will create a combined firm that will run as Katapult and is intended to trade on the Nasdaq with...
Social media-focused clothing reseller Poshmark became the latest platform company to file for an initial public offering (IPO) this week, hoping to catch an IPO wave that saw big first-day pops recently for Airbnb and DoorDash. Get the Full Story Complete the form to unlock...
Chinese companies held 30 initial public offerings (IPOs) this year, raising $11.7 billion, despite a tumultuous year in China-U.S. relations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Secondhand eCommerce platform Poshmark filed for an initial public offering (IPO) after posting more than $30 million in profit across two consecutive quarters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Kakao Bank Corp., a South Korean digital bank, has chosen Credit Suisse and KB Investment & Securities as its advisors for its upcoming initial public offering (IPO), Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
U.S. cryptocurrency exchange Coinbase has filed with the Securities and Exchange Commission (SEC) for an initial public offering (IPO), according to a report from The Wall Street Journal (WSJ). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
N26, a German FinTech, is looking to do at least one more funding round before going public in 2023 at the earliest, and eyeing breaking even on an operating level in 2021, Reuters reported. Get the Full Story Complete the form to unlock this article...