January 17, 2024
Report: Secondary Startup Market Booms as Investors Sell
Investment firms are reportedly raising billions to purchase stakes in venture capital (VC)-backed tech startups. “The main exit for VCs is primarily IPOs and M&A [mergers and acquisitions], and neither of those...
January 16, 2024
Goldman’s Net Charge-Off Rate on Consumer Loans Stands at 7%
For Goldman Sachs, the narrowing of focus continues. And in the latest earnings report, released Tuesday (Jan. 16), the Wall Street firm detailed its progress toward jettisoning some of its...
January 15, 2024
Circle CEO: ‘Good Chance’ US Adopts Stablecoin Rules in 2024
Circle’s CEO is confident that 2024 will be the year America adopts stablecoin legislation. While the U.S. has no federal cryptocurrency legislation, Jeremy Allaire, whose company mints the USD Coin...
January 15, 2024
Chipotle: Rewards Partnerships Drive Visibility, Relevance and Brand Affinity
As restaurant brands turn to rewards partnerships to reach new audiences, Chipotle is seeing its efforts in the space keep its products top-of-mind for more consumers. In an interview with...
January 14, 2024
Goldman Sachs Doubles Down on Efforts to Attract Super-Rich
Goldman Sachs is reportedly increasing its efforts to court ultra-rich clientele. The banking giant has been more focused on lending to private wealth customers — those with an average of...
January 12, 2024
Report: Shein’s Filing With Chinese Regulator Could Delay IPO Plans
Shein is reportedly seeking approval from a Chinese regulator to go public in the United States. The online fashion company, which is based in Singapore and valued at $66 billion,...
January 12, 2024
Partnerships Hold Sway as FinTech IPO Index Slips 1%
Mixed performances across the FinTech IPO Index brought about a negative 1% return through the past week. The specter of interest rates staying lofty for longer — because the latest...
January 11, 2024
Stablecoin Issuer Circle Resurrects Plan to Go Public
Stablecoin issuer Circle Internet Financial is relaunching its plan to go public. The company confidentially filed paperwork for an initial public offering (IPO) with the U.S. Securities and Exchange Commission...
January 10, 2024
VC Investment in Crypto Plunged Amid Scandal and Regulatory Issues
The year 2023 proved to be a challenging period for cryptocurrency startups, as scandal and regulatory issues took a toll on fundraising efforts. Venture capital investment in the crypto industry...