Messaging company Slack is planning to use a direct listing method to go public instead of an IPO, according to CNBC. A direct listing, which Spotify used when it went public in April of 2018, means that Slack won’t have to use underwriters (go-betweens that...
Is the era of email coming to an end? Maybe — and maybe in several years. Slack CEO and Co-Founder Stewart Butterfield was quoted by CNBC as stating in an interview that email — at least in some ways — will soon see the end...
Is the smart money banking on SmartRent’s smart home strategy? 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, PYMNTS Today. By completing this...
To accelerate its eCommerce “Factory Floor to Front Door” platform, automation and fulfillment technology firm Whitebox has closed a TDF Ventures-led $5 million Series A funding round. New investor David Williams, who is Merkle’s chairman and CEO, joined existing major investors who are increasing their...
GuestReady Group, a startup that helps hosts on Airbnb and other similar sites, revealed that it has raised $6 million in Series A funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Zego, a London-based startup that provides insurance for gig workers, has raised $42 million in a Series B funding round, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
In a Series C round led by Sequoia India and Ribbit Capital, online payments firm Razorpay has notched $75 million in funding. Y Combinator’s Continuity Fund and Tiger Global Management, who are existing investors, also joined the round in the Bengaluru-based firm, DealStreetAsia reported. Get...
Turnkey open banking platform Token has received a $36.5 million investment from a few investors, including Opera Tech Ventures, which is the venture division of bank BNP Paribas. Other investors include banks in the Middle East and Southeast Asia, according to a release by the...
Call it direct-to-consumer — in a way. Headed into this week, Slack is set to offer up shares in an action that differs from the traditional initial public offering (IPO) listing process. Get the Full Story Complete the form to unlock this article and enjoy...
