March 15, 2023
Helios Investment Partners Reportedly Offering Stake in Crown Agents Bank
A stake in Crown Agents Bank may be up for sale. Private equity investor Helios Investment Partners is working to sell a stake in the provider of cross-border payments, Reuters reported Wednesday (March 15), citing unnamed...
March 15, 2023
Zara Parent Invests in Tech as Sales Climb
Fast fashion giant Inditex is investing in technology after reporting strong 2022 sales. The Spanish clothing company, whose brands include Zara, said in its yearly earnings report Wednesday (March 15)...
March 14, 2023
Silicon Valley Bridge Bank CEO Invites Depositors to Return
Silicon Valley Bridge Bank, is open for business and actively opening new accounts. The newly created “bridge bank,” operated by the Federal Deposit Insurance Corporation (FDIC) that replaced the failed Silicon...
March 14, 2023
Sustainable Fast Fashion Underpins New H&M Pre-Loved Store on thredUP
The fast-fashion wars are opening an unlikely new front — the resale space — as retailer H&M and fashion reCommerce platform thredUP disclosed a new partnership on Tuesday (March 14). In...
March 14, 2023
FinTechs Forced to Decide If They’re a Business or a...
According to one recent analysis, 91 publicly listed FinTech companies burned through $12 billion in venture capital in 2022, and just 17 posted a net profit from those investments. If...
March 13, 2023
The Silicon Valley Bank Story No One Has Told
It’s almost an eerie coincidence. Nearly three years to the day that the World Health Organization declared the novel Coronavirus a global pandemic, Silicon Valley Bank collapsed. The mass exodus...
March 10, 2023
Allbirds Goes Back to Basics as Efforts to Attract New...
Allbirds is struggling to soar high after going public, with the company recording the first quarter of negative growth in its nearly decade-long history. The direct-to-consumer (D2C) shoe company fell...
March 10, 2023
Silicon Valley Bank Crisis Threatens FinTech Funding
In Silicon Valley, and specifically for smaller tech firms, the tremors threaten to become a quake. Just a day after Silvergate Capital said it would shutter and liquidate its bank...
March 10, 2023
Lending Platforms Plunge as Tech Rout Sends FinTech IPO Index...
It wasn’t just crypto that had investors running for the exits. And it wasn’t just talk of more rate hikes from the Fed that had investors hitting the sell button....