September 16, 2024
Rappi Expects to Be Ready for IPO in 12 Months
Rappi reportedly expects to be in a position to launch an initial public offering (IPO) within the next 12 months. The Colombia-based startup, which offers delivery services in nine countries...
September 15, 2024
Insight Partners Prepares to Close $10 Billion Venture Capital Fund
Venture capital (VC) firm Insight Partners is reportedly preparing to close a $10 billion-plus fund. As the Financial Times (FT) reported Sunday (Sept. 15), the fund is around half the...
September 13, 2024
Starbucks Looks to Its Roots for a Brand Refresh
In recent months, Starbucks has grappled with operational and financial challenges, compounding its struggle to maintain market dominance. The company’s difficulties, from a mobile outage to shifting consumer spending habits,...
September 13, 2024
FinTech IPO Index Breaks Even Despite Volatile Trading Week
Economic data remained the key driving force behind stocks this past week, and the FinTech IPO Index was no exception. But despite volatile trading action throughout the group, the Index...
September 10, 2024
Citigroup Says Demand for High-Growth Stocks Could Benefit Tech Companies
A top Citigroup banker reportedly said that a handful of tech companies are considering going public on U.S. exchanges before the end of the year and that they could benefit from...
September 10, 2024
MoneyLion and Nova Credit Deliver Cash Flow Data to Lenders
MoneyLion and Nova Credit have partnered to give credit issuers a more comprehensive view of consumers’ financial health and expand consumers’ access to credit. With this collaboration, lenders using MoneyLion’s...
September 09, 2024
Atomico Raises $1.24 Billion to Invest in European Technology Companies
Atomico raised $1.24 billion for two funds to invest in European technology companies. The company’s new $754 million Atomico Growth VI partners with entrepreneurs from Series B to pre-initial public...
September 09, 2024
Report: Swedish Regulator Criticizes Klarna’s Anti-Money Laundering Measures
Sweden’s Financial Supervisory Authority (FSA) reportedly criticized Klarna’s risk assessment, saying the company has not done enough to battle money laundering and terrorist financing. The FSA said in a letter...
September 09, 2024
Nium Reportedly Putting IPO Plans on Hold
Nium is reportedly the latest company holding off on plans to go public. Prajit Nanu, CEO of the Singapore-based payments firm, told Bloomberg News in an interview late Sunday (Sept....