The problems started earlier in the week for Lyft, as investors anticipated the release of Uber’s prospectus for its initial public offering, and Lyft’s stock price started to drop. By Friday (April 12) at 10 a.m. EST, hours after that document went public, that price...
Lemonade, the insurance company powered by artificial intelligence and behavioral economics, announced Thursday (April 11) it has raised $300 million in venture funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
With Apple suffering from lackluster demand for its iPhone devices, Wall Street firm Credit Suisse was prompted to start the Cupertino, California tech giant at a neutral rating. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Kyriba, the cloud treasury and finance services company, announced on Thursday (April 11) that it closed a $160 million growth round of funding led by Bridgepoint, the private equity firm. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
It’s been a long journey for Uber toward its initial public offering — and a big journey for payments, too. 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...
FinTech startup Extend announced it has raised $11 million in Series A financing, as it tries to capitalize on interest in virtual credit cards. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
KeyMe, the robotics and artificial intelligence (AI) company catering to the locksmith industry, announced on Wednesday (April 10) that it raised $50 million in growth funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Uber, the ride-hailing app that is eyeing an initial public offering in May, is looking to raise $10 billion via the offering. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Pinterest announced that it will list on the New York Stock Exchange at between $15 and $17 a share, bringing the company’s potential valuation to $11.3 billion. While this falls below the $12 billion price of its most recent private share sale, some analysts have commended...