In a race to break even, British FinTech giant Revolut is the latest startup to claim profitability, a milestone that few neobanks have attained despite...
U.K. digital bank Zopa is looking to expand after raising $93 million in an equity round. Get the Full Story Complete the form to unlock...
Indian food-delivery company Zomato weathered a decrease in revenue after COVID-19 hit — but at the same time saw an increase in profitability, founder and...
The European Union (EU) has enough liquidity to stay afloat during COVID-19, but profitability could sink as the pandemic worsens, according to the European Banking...
Hotel chain Oyo, which became one of the largest chains by offering hotel owners guaranteed revenues for carrying the brand, will phase out that incentive...
Lyft announced upcoming job cuts on Wednesday (Jan. 29) as part of what it termed a “corporate restructuring.” The change comes as the ridesharing service...
No longer charging into market spaces (no matter the cost), many real estate startups are now slowing their growth to more carefully assess a better...
A new report from Barclays Capital about transportation in New York City says Uber and Lyft can achieve profitability in the future despite their poor...