September 27, 2023
Report: Amazon Seller Thrasio Mulls Bankruptcy
Thrasio, a prominent eCommerce startup specializing in acquiring consumer brands sold on Amazon, is reportedly grappling with financial difficulties following a decline in online spending in the wake of the...
September 22, 2023
What’s Next as Instacart and Arm Flirt With Busted IPO...
On Wall Street, a “busted” IPO is one that’s simply defined — the stock trades below the initial offer price. At this writing, two of the most recent market entrants...
September 22, 2023
FinTech IPO Index Loses 5.8% as Platforms Plunge, Offset Spate...
Partnerships were the prime source of headlines this past week. But for the FinTech IPO Index, which gave up 5.8% through the past five sessions, the downside was led by...
September 15, 2023
Restaurant Technology Becomes More Specialized Amid Stiff Competition
This week in restaurant news, technology providers are unveiling more specialized offerings to cut through the noise. Toast launched a solution specifically for cafes and bakeries, Oracle introduced its offering...
September 15, 2023
InsurTech Downturn Proves Promise of Disruption Is Sometimes Derailed
FinTech platforms promise to disrupt entire verticals, bringing ease and speed to sectors that have traditionally been marked by complexity and paper-based interactions. And yet the reality can be something...
September 15, 2023
FinTech IPO Index Off 0.7%, Led by OppFi and Hippo...
The FinTech IPO Index traded slightly lower, off 0.7%, as platforms led the group to the downside. But even with the dip, the Index itself is up slightly more than...
September 08, 2023
Partnerships and New Tech Announcements Dominate as FinTech IPO Slips...
Earnings season has trailed off — and now come the headlines focused on technology, partnerships and entry into new markets as FinTechs continue to try and disrupt everything from lending...
September 01, 2023
FinTech IPO Index Soars 6.4% as Affirm, Futu Shares Rocket...
Summer’s fading, August ends, and only a few earnings reports marked the headlines this past week for the FinTech IPO Index. But two were enough to mark some outsized gains...
August 31, 2023
Report: eCommerce Company Benitago Files for Bankruptcy
New York-based eCommerce company Benitago has reportedly filed for bankruptcy. The firm is seeking protection from creditors two years after raising $325 million in funding, The Wall Street Journal (WSJ) reported Thursday (Aug. 31)....