August 16, 2024
EQT to Acquire Southeast Asian PropTech PropertyGuru
Global investment organization EQT plans to acquire PropertyGuru Group Limited, a PropTech company operating in Singapore, Malaysia, Thailand and Vietnam. The companies entered into an agreement and plan of merger...
August 16, 2024
Revolut Valued at $45 Billion in Secondary Share Sale
Revolut signed agreements with investors for a secondary share sale that values the company at $45 billion. The British FinTech launched the secondary share sale to provide liquidity to employees...
August 16, 2024
FinTech IPO Index Jumps 5% as Sezzle and Expensify Lead...
Earnings powered the FinTech IPO Index 5% higher in a week that was, as has been the case for the last month, dominated by earnings. Sezzle kept up its post...
August 15, 2024
Reddit’s Focus on Partnerships, Dynamic Product Ads Drive Surge in...
Reddit, the digital forum renowned for its diverse user-generated content, is advancing its presence in the advertising sector through a strategic focus on its community dynamics. Its second-quarter results show the...
August 15, 2024
Klarna Reportedly Looking for $20B From Planned IPO
Klarna is reportedly ready to tap Goldman Sachs to help it go public next year. The Swedish buy now, pay later (BNPL) company is in deliberations with the banking giant...
August 14, 2024
Ibotta’s Operating Loss Reminds Investors That Growth Comes at a...
The old saying in business is that you have to spend money to make money. That means investments today are made in hopes of paying off in the future, giving...
August 13, 2024
New Starbucks CEO Brian Niccol Brings Innovative Track Record to...
Chipotle CEO Brian Niccol will take over as CEO of Starbucks Sept. 9, and he has the support of Starbucks founder and Chairman Emeritus Howard Schultz. “I know how excited...
August 13, 2024
Starbucks Appoints Chipotle Head Brian Niccol as CEO
Starbucks said Tuesday (Aug. 13) that it has appointed Chipotle Chairman and CEO Brian Niccol as CEO, effective Sept. 9, succeeding Laxman Narasimhan, who stepped down as CEO and director...
August 09, 2024
FinTech IPO Index Loses 0.4% Despite Big Gains by Upstart...
The wild Wall Street ride continues as earnings have moved the FinTech IPO Index hither and yon, though the past week wound up being mostly a draw, as the overall...