October 13, 2023
Partnerships and SoFi’s Galileo BNPL Expansion Lead FinTech IPO Index...
Bank earnings start Friday. That means we’ll get management commentary on everything, from interest rates to loan performance to consumer spending. The read across will be there for the members...
October 12, 2023
Pair Announces $75 Million Series C as Shoppers Seek D2C...
Overall, the tide may be turning away from direct to consumer (D2C) toward brick-and-mortar, but shoppers continue to demand digital convenience when it comes to highly personalized items — a...
October 12, 2023
Report: Goldman Sachs Earnings Hit by Slowdown in Deal Making
Goldman Sachs is reportedly expected to announce weak quarterly earnings on Tuesday (Oct. 17) as a result of a slowdown in deal making and its withdrawal from the consumer business....
October 11, 2023
Birkenstock IPO Raises $1.4 Billion at Over $9 Billion Valuation
German shoe retailer Birkenstock has raised $1.4 billion in its initial public offering (IPO). The company set the price of its shares in the middle of the range it had...
October 10, 2023
Amazon UK Takes Instacart Approach With Third-Party Grocery Partnerships
With Amazon reportedly in discussions with Waitrose, eCommerce giant seems to be moving further into the grocery aggregator space, and if these efforts make their way to the U.S., the...
October 10, 2023
AMD to Snap Up Startup Nod.ai in Race Against Nvidia
Advanced Micro Devices (AMD) announced on Tuesday its plans to acquire artificial intelligence startup Nod.ai, signaling a strategic move to enhance its software capabilities. This acquisition is a significant step...
October 10, 2023
Report: PayU Indian IPO Could Value Company at $7 Billion
Payments company PayU is reportedly planning to go public in India next year. As Reuters reported Tuesday (Oct. 10), PayU plans to seek regulatory approval in February for an initial public offering (IPO)...
October 06, 2023
This Week in AI: Deepfakes, Devices and Data Developments
It is almost generative artificial intelligence’s first birthday. Next month, it will have been a full calendar year since OpenAI first launched its ChatGPT product and spurred the creation of...
October 06, 2023
Customers Not Sold on Restaurant Tech
As restaurants tap technology to weather their labor challenges, PYMNTS Intelligence suggests that consumers may be growing frustrated with the depersonalization of the experience. By the Numbers The vast majority...