December 11, 2020
DoorDash, Airbnb IPOs; BNPL Trends; Pet Fraud Top This Week’s...
In this week’s news, we saw two blockbuster IPOs, arguments and stalemates over a new stimulus bill, and new data on consumers’ digital shopping trends. The Weekender is here to...
November 24, 2020
FinTech Stripe Eyes Funding Round That Could Put Valuation At...
FinTech Stripe is considering a funding round to value it higher than the $36 billion it got on its last round, Bloomberg reports. According to people familiar with the discussions,...
November 20, 2020
What Will Ant Group Look Like A Year From Now?
What’s next for Ant Group – and by extension, Jack Ma? In China, the battle of the regulators versus FinTech behemoth has seemingly been joined. To that end, Howard Yu,...
November 13, 2020
Digital Shopping, Remittances, Mastercard’s FinTech Accelerator Top This Week’s News
The PYMNTS Weekender is here to catch you up on the latest news at the end of another busy work week. We have deep dives on digital shopping, remittances and...
October 23, 2020
China’s Ping An-Backed Lufax Aims For $2.36B IPO
Chinese FinTech Lufax is hoping to get as much as $2.36 billion from the initial public offering (IPO) filed earlier this month, according to a report in CNBC on Friday...
September 18, 2020
Chime, Challenger Banks And The Challenges Of (Lofty) Valuations
On a day that saw a stock market rout – particularly on the tech-heavy Nasdq, which was down 1 percent – in at least some areas of finance, investors remain...
September 18, 2020
Mobile Banking Firm Chime Gets $14.5B Valuation With New Funding
Mobile banking upstart Chime has completed funding that has provided the firm with a $14.5 billion valuation, CNBC reported. Chime, which CEO Chris Britt co-founded in 2013, provides clients mobile...
August 26, 2020
The Specs on SPACs – And Why Blank-Check Firms Get...
As U.S. stock-market indices make new highs, an acronym that’s perhaps less familiar to investors — “SPAC” — is gaining traction. It represents a different way to invest, and perhaps...
July 23, 2020
Bitcoin Daily: YouTube Seeks Dismissal Of Ripple Lawsuit Alleging Crypto...
YouTube is seeking to dismiss a lawsuit against it from crypto firm Ripple alleging that YouTube doesn’t do enough to remove scams and fraud, according to court documents. Ripple has...