Search results for "unicorn"

December 19, 2023
Affirm Brings Installment Payments to Walmart Self-Checkout

Buy now, pay later (BNPL) provider Affirm has expanded its long-standing partnership with Walmart. With this expansion, Affirm pay-over-time options will be added to self-checkout kiosks at more than 4,500 Walmart stores in the U.S.,...


December 19, 2023
BNPL Finds Appeal in Wealthy Middle Eastern Countries

There’s an old story, possibly apocryphal, where F. Scott Fitzgerald tells Ernest Hemingway: The rich are different from you and me. Replies Hemingway: “Yeah, they have more money.” The exchange...


December 18, 2023
BNPL Platform Tamara Becomes Saudi Arabia’s First FinTech Unicorn

Saudi Arabia-based buy now, pay later (BNPL) platform Tamara has become that nation’s first unicorn. The company announced Monday (Dec. 18) that it had closed a $340 million Series C round,...


December 18, 2023
FinTech Bankruptcies and Speedbumps Prove Digitization Offers No Straight Path...

There’s no smooth sailing for corporates into the end of 2023. As 2023 becomes 2024, and as we spotlighted here, the pandemic era relief has run its course, the cash...


December 14, 2023
2023 Was Year of the Corporate Architect CFO; 2024 Will...

The past year was one where the only constant was change. Chief among that change was the evolution of the chief financial officer role from back-office bean counter and financial...


December 06, 2023
Nearly 90% of 2021’s Unicorns Are Now Valued Lower

The status of being a unicorn is not as secure as it once seemed. Nearly 90% of the 128 companies that achieved valuations of $1 billion or more in 2021...


December 06, 2023
Zeller Adds Corporate Cards to Financial Services Ecosystem

Australian FinTech Zeller has added corporate cards to its financial services ecosystem. The new Zeller Corporate Cards are designed to streamline expense management and serve a variety of use cases,...


November 30, 2023
Money Transfer Service Zepz Cuts 2% of Staff

British money transfer firm Zepz has reportedly made another round of job cuts. The company, which owns remittance platforms WorldRemit and Sendwave, has laid off 30 workers, according to a CNBC report Thursday (Nov. 30). “Zepz has...


November 29, 2023
Report: Stability AI Positioning Itself for Acquisition

Stability AI, a British artificial intelligence (AI) startup, is reportedly considering selling the company amidst mounting pressure from investors over its financial position.  The London-based firm has engaged in preliminary...