June 03, 2024
Shein Reportedly Set to File for UK IPO
Shein reportedly plans to file to list on the London Stock Exchange confidentially. The filing from the online fast fashion giant could come in the next few days, the Financial Times (FT) reported...
June 03, 2024
UK Neobank Monzo Marks First Profitable Year
British neobank Monzo is planning further expansion as it marks its first profitable year. The company’s annual report, released Monday (June 3), showed its profit before tax at $19.5 million...
May 31, 2024
FinTech IPO Index Gains 1.2% as MoneyLion and Sezzle Surge
Earnings dragged down several names in the FinTech IPO Index, but the overall performance was positive, up 1.2%. A few double-digit gainers led the way. MoneyLion shares gained more than...
May 30, 2024
Klarna Says AI Tools Reduced Operating Expenses 11% in Q1
Klarna reported Thursday (May 30) that it achieved both accelerated revenue growth and lower operating expenses during the first quarter, with the latter driven by its deployment of artificial intelligence...
May 30, 2024
Trustly CEO: IPO Is Still 1 to 2 Years Away...
The CEO of Swedish FinTech Trustly says going public is not yet on the company’s radar. Speaking to CNBC Thursday (May 30), Johan Tjarnberg said that although his company just recorded a 51% increase in operating...
May 29, 2024
Goldman Sachs Alternatives Raises Largest Loan Partners Fund Since 2008
Goldman Sachs Alternatives raised more than $20 billion for senior direct lending. The total includes $13.1 billion in its West Street Loan Partners V fund, $7 billion in large-cap senior...
May 28, 2024
Co-Founder Adam Neumann Abandons Attempt to Buy Bankrupt WeWork
Shared-workspace company WeWork has faced significant challenges in recent years, including bankruptcy and the ousting of its co-founder Adam Neumann. Neumann, who had been trying to regain control of the...
May 28, 2024
Healthcare Payments Software Provider Waystar Eyes $1B IPO
Healthcare payments software provider Waystar launched its initial public offering (IPO). The company applied to list its shares on Nasdaq under the symbol “WAY” and said the estimated IPO price...
May 27, 2024
M&T Bank Taps Rich Data Co for AI Decisioning Platform
Rich Data Co. (RDC) has taken another step in the global expansion of its artificial intelligence (AI) decisioning platform for business and commercial lenders. The company has signed its first...