August 02, 2024
Online Fashion Retailer Revolve Considers Adding More Brick-and-Mortar Stores
Online fashion retailer Revolve Group is reportedly looking at opening more brick-and-mortar stores in luxury destinations after opening its first such store in Aspen, Colorado, in June. Revolve is considering...
August 02, 2024
FinTech IPO Index Loses 5% as NerdWallet and Lemonade Slip...
Earnings season’s in full swing and proved to be less than kind to the FinTech IPO Index, which gave up 5%. Double digit declines on the heels of various quarterly...
August 01, 2024
SEC: Founder of Social Platform IRL Defrauded Investors
In internet lingo, the abbreviation IRL means “in real life.” But for the now defunct social media platform IRL, reality and the picture the company painted for its investors were allegedly...
August 01, 2024
J.P. Morgan: Collaboration Helps Startups Scale the Innovation Economy
For smaller firms and startups seeking capital — the lifeblood of growth — the last few months of 2024 are holding some promise after a long drought of high interest...
July 31, 2024
StubHub Accused of ‘Convoluted Junk Fee Scheme’ in DC Lawsuit
A lawsuit accuses StubHub of tricking its customers into paying inflated prices. The lawsuit, filed Wednesday (July 31) by Washington, D.C., Attorney General Brian Schwalb, said the concert/event ticketing platform...
July 30, 2024
SoFi Wants Tech Platform to Be AWS of Financial Services
SoFi Technologies’ leadership wants the company to become the “Amazon Web Services” (AWS) of FinTech. What that means is a lot of investment into technology and digital product innovation. The...
July 28, 2024
Chinese Autonomous Driving Firm WeRide Plans US IPO
WeRide, a Chinese autonomous driving startup, is planning to go public in the U.S. The company filed for an initial public offering (IPO) with the Securities and Exchange Commission (SEC)...
July 28, 2024
Cyberattacks Present Shipping Industry’s Biggest Threat Since WWII
The shipping sector is reportedly facing a spike in cyberattacks tied to state-sponsored hackers. The industry saw at least 64 cyber incidents last year, the Financial Times reported Saturday (July...
July 26, 2024
UK’s FCA Announces Proposals, Rules to Strengthen Capital Markets
The United Kingdom’s Financial Conduct Authority (FCA) proposed new rules on publishing a prospectus, raising capital and regulating secondary markets, and finalized new rules on investment research. These rules aim...