July 31, 2023
eToro’s Value Dips After $120 Million Secondary Share Sale
Trading platform eToro’s valuation has reportedly dropped following a $120 million secondary share sale. As CNBC reported Monday (July 31), the Israeli company had been valued at $3.5 billion in a funding round earlier...
July 28, 2023
Report: Figure Technologies Lays Off 90 Employees and Plans IPO
Figure Technologies has reportedly laid off staff and is preparing for an initial public offering (IPO). The firm laid off 20% of its staff — 90 employees — this week, Bloomberg reported Friday...
July 28, 2023
Beike Finance and XP Surge as FinTech IPO Index Heads...
The platforms held sway this past week, gaining some ground ahead of earnings due through the next several days. And as a result, the FinTech IPO Index was up 0.5%...
July 26, 2023
Chipotle Looks to Personalization to Boost Rewards Members’ Engagement
As Chipotle looks to grow its already significant base of loyal customers, the brand is turning to personalized messaging to boost engagement. The fast-casual giant, which has more than 3,250...
July 26, 2023
Microsoft vs. Google and the Battle for AI Cloud Infrastructure
The generative artificial intelligence (AI) arms race leaderboard is neck and neck. It hasn’t even been a full calendar year since the technology was first commercialized at scale by Microsoft...
July 26, 2023
Why FinTechs Should Never Stop Climbing the ‘Profit Hill’
We’re a long way from the halcyon days of FinTech funding just a few years ago. Sezzle CEO Charlie Youakim and Vera Equity Co-founder Jon Pomeranz told PYMNTS Karen Webster...
July 25, 2023
Consumers Worry Automation Will Depersonalize the Restaurant Experience
As robotics catch on throughout the restaurant industry, consumers are worried about losing the personal experience they look for in a restaurant. By the Numbers PYMNTS’ exclusive report, “Connected Dining:...
July 21, 2023
Telly Begins Shipping First-of-its-Kind Free Ad-Supported TVs
Telly, the company behind a unique free television that relies on a built-in second screen to run nothing but ads, began shipping the first-of-its-kind dual-screen 55-inch 4K TVs to over...
July 21, 2023
Toast’s 15.5% Plunge Helps Lead FinTech IPO Index Lower for...
Toast shares got scorched in a week that saw the FinTech IPO Index give up 0.3%. And earnings season has yet to begin in earnest — at least for the...