January 03, 2024
Home Health Company BrightSpring Plans to Go Public
Home health company BrightSpring has revived its plans to go public. The Kentucky-based firm on Tuesday (Jan. 2) filed its plans for an initial public offering (IPO) with the Securities and Exchange Commission (SEC)....
December 29, 2023
Restaurant Loyalty Programs’ Birthday Rewards Don’t Win Over Many Consumers
Restaurants touting their birthday deals to win over digital loyalty members may find that these offers do not go as far as they might expect, PYMNTS Intelligence suggests. By the...
December 29, 2023
Year in Review: The Milestones That Transformed AI in 2023
2023 was the year of the generative artificial intelligence (AI) boom. What was perhaps the innovation’s greatest trick to date was fitting a decade’s worth of technical and marketplace advances...
December 27, 2023
‘Goliath’ JPMorgan Has 18% of All US Banking Revenue, Report...
JPMorgan Chase is ending 2023 as the leading figure in the U.S. banking sector. The company’s banking operation earned $38.9 billion in profits for the first nine months of the year, or about...
December 26, 2023
Banks Slash 60K Jobs as Dealmaking and IPOs Decline
The world’s biggest banks reportedly slashed more than 60,000 jobs in 2023. It was a year in which investment banks suffered their second year in a row of declining fees amid a...
December 26, 2023
Infrastructure Vendors Were the Market Winners in AI’s First Year
The first year of the generative artificial intelligence (AI) era is winding down. And what a year it has been. As difficult as it is to grasp the revolutionary impact...
December 22, 2023
Ola Electric Mobility Aims to Raise $661 Million in IPO
Ola Electric Mobility, an Indian electric scooter manufacturer, is set to raise 55 billion rupees ($661 million) through an initial public offering (IPO), signaling its ambitions to enter the electric...
December 22, 2023
FinTech IPO Index Surges 8% as Affirm Gets a Bump...
Headed into the last week of the year — a shortened week due to the holidays — the FinTech IPO Index gained 8%. BNPL Bounce Continues Affirm shares gathered 6.9%,...
December 21, 2023
Warehouse Automation Firm GreyOrange Raises $135 Million
Artificial intelligence-driven automation company GreyOrange raised $135 million in a Series D funding round. The capital will support further adoption of GreyOrange’s fulfillment orchestration platform in warehouses, distribution centers and...