April 10, 2023
Consumer-Focused Investments Land Jay-Z on Forbes’ 2023 Billionaires List
Hip-hop artists Jay-Z has made it onto Forbes’ 2023 Billionaires List thanks to his savvy investments in a range of consumer-focused industries. According to Forbes, Jay-Z’s current net worth is...
April 09, 2023
SPAC Companies Heave Under Billions of Goodwill Write-Downs
The recent wave of SPAC mergers led to billions in goodwill write-offs last year. The trend — reported recently by The Wall Street Journal — illustrates the cost companies paid...
April 07, 2023
Prism Adds Origination Services to Lending Platform for Tech Startups
Prism has added origination services to its lending platform tailored to startup tech companies and employees. The company aims to help employees at startups access the equity that is locked...
April 06, 2023
FinTech IPO Index Gains 0.3% as nCino and dLocal Post...
Earnings season’s just about over. But there were a few last reports among our FinTech IPO pantheon right before the next earnings season begins next week. Beginning in mid-April, the...
April 06, 2023
Report: Tech Funding Falls by 55% Amid Banking Crisis
Funding to U.S. tech startups reportedly plummeted 55% during the first quarter of 2023. Those companies raised $37 billion in venture capital (VC) in the first three months of the...
April 05, 2023
LifeWallet Tackles Healthcare Sector’s ‘Antiquated Technologies’
Healthcare reimbursement firm LifeWallet has debuted several upgrades to its system. The new enhancements, announced in a Wednesday (April 5) press release, include a new portal for healthcare providers, an...
April 03, 2023
McDonald’s Preps for Layoffs as Restaurants Strain Under Economic Pressure
McDonald’s is reportedly cutting corporate staff as restaurant margins take a hit amid economic stress. The quick-service restaurant (QSR) giant is closing its offices across the United States Monday (April...
April 03, 2023
Paysafe Names Ex-Experian CPO Nicole Carroll Chief Strategy and Innovation...
Payments platform Paysafe has chosen its first ever chief strategy and innovation officer. Nicole Caroll, a veteran of Experian, Visa and Discover, was appointed to that new role Monday (April...
April 03, 2023
Boxed, Inc. Files For Bankruptcy Following SVB Collapse
After warning last month that it could declare bankruptcy, eGrocer Boxed has made it official. The company announced late Sunday (April 2) that it had filed for Chapter 11 bankruptcy...