May 14, 2024
Report: Waystar Plans to Launch IPO in Early June
Waystar is reportedly planning to launch its initial public offering (IPO) in early June, seeking a valuation of $5 billion or $6 billion. The healthcare payments company will begin its roadshow pitch to...
May 14, 2024
What Does Nuvei’s Go-Private Deal Portend for FinTechs?
The FinTech landscape may be altered by go-private deals, as private equity firms and other corporates find value in the space — and where, arguably, valuations don’t reflect the potential...
May 13, 2024
Shein Reportedly Rebuffed by National Retail Federation Ahead of IPO
Shein reportedly has some work to do if it wants to court the U.S. retail industry. The fast fashion giant filed for an initial public offering (IPO) in the U.S. last...
May 12, 2024
Fast-Casual Dining Slows Amid Consumer Pressure
Consumer caution at restaurants is reportedly dampening business at fast-casual eateries. As Bloomberg News reported Saturday (May 11), restaurants such as Red Lobster — which is mulling bankruptcy — and TGI...
May 10, 2024
Earnings Deluge Helps Send FinTech IPO Index 4% Higher
Earnings were everywhere this past week, driving the FinTech IPO Index 4% higher through a volatile week of trading. Buy Now, Pay Later Momentum Sezzle shares soared 52%. The company’s...
May 09, 2024
Mapping Antitrust onto Digital Ecosystems
The assessment of “ecosystem power” has come to occupy centerstage in antitrust cases involving large digital firms, as regulators are finding traditional market-by-market analysis increasingly inadequate to capture how competition...
May 08, 2024
Airbnb Looks for Acceleration in Summer Travel but Guidance Disappoints...
Airbnb’s first quarter results showed growth in listings and in nights booked. And per management commentary on the conference call, demand for international travel remains robust — enough so that the firm...
May 08, 2024
Monzo Valued at $5.2 Billion Amid US Neobank Expansion Plans
U.K. neobank Monzo reportedly raised $190 million as it plans to expand overseas. The funding brings the total Monzo has raised to $610 million so far this year, valuing it at $5.2 billion, company officials told CNBC Wednesday...
May 07, 2024
Bolt Technology Hiring Managers for eScooter Rentals Launch in US
Estonian company Bolt Technology OU is reportedly looking to hire managers to launch eScooter rentals in several cities in the United States. The firm posted job listings on LinkedIn last week seeking general...