April 11, 2024
Rappi Getting Ready for IPO ‘When It Makes Sense’
Delivery service Rappi is getting ready for a future initial public offering (IPO). The company, which is one of Latin America’s most valuable startups, does not have a timeline for an IPO...
April 10, 2024
Wall Street Banks Regaining Share of Financing Deals
Wall Street banks are reporting gaining back some of the share of financing deals they had lost to alternative-asset fund managers, insurers and other private credit. The broadly syndicated loan market...
April 10, 2024
‘Handful’ of AI Firms Weighing Stock Market Listings
A New York Stock Exchange executive says multiple artificial intelligence (AI) startups are exploring going public. “I’d say that the majority of the companies that are truly pure-play, AI-focused are...
April 09, 2024
Mental Health Sector Is Adopting AI-Powered Apps for Accessible Care
The mental health arena is buzzing with the entry of AI-powered apps that promise fast and accessible care. Amid soaring demand for mental health support, artificial intelligence (AI) apps are sparking...
April 08, 2024
Google Begins Rollout of New Version of ‘Find My Device’
Google has launched a new version of its Find My Device experience on devices running Android 9+ in the United States and Canada. It will expand the experience to Android devices around the...
April 08, 2024
Klarna Boosts Profits With ChatGPT as BNPL Firms Tap AI
Klarna is seeing generative artificial intelligence improve its margins, as buy now, pay later (BNPL) firms turn to new digital capabilities to address their profitability challenges. ChatGPT parent company OpenAI shared Friday (April 5)...
April 08, 2024
Ibotta Seeks $472 Million in IPO as Consumers Seek Personalized...
Cash-back rewards platform Ibotta hopes to raise $472 million when it goes public. The company on Monday (April 8) filed paperwork with the Securities and Exchange Commission (SEC), saying it planned to offer 2.5...
April 04, 2024
FinTech IPO Index Slides 2.9% Amid Nuvei’s Go-Private Deal and...
Deal-making dominated the headlines this past week as the FinTech IPO Index lost 2.9%. Nuvei’s stock gained 2.4%. As reported by PYMNTS, Nuvei is being taken private in a $6.3...
April 04, 2024
ClearBank Considers US Expansion After Hitting Profitability
Embedded banking firm ClearBank is reportedly planning to expand into Europe and the U.S. Charles McManus, the British firm’s CEO, told Bloomberg News Thursday (April 4) that the company has...