PYMNTS-MonitorEdge-May-2024

WeWork

WeWork is an American commercial real estate company that provides shared workspaces for technology startups, and services for other enterprises. Founded in 2010, it is headquartered in New York City.

WeWork is revolutionizing the way people and companies work. Get flexible workspaces, agile services, and leading technologies to move your business forward.

We believe in empowering our team to create their own life's work. We move fast and we challenge each other, but we look after each other and care about our culture, which makes working here extremely rewarding. There's a lot of work left for us to do, and we couldn't do it without a single member of our team.

Source: wework.com

Top News In Payments: Revolut Collaborates With Mastercard; Visa’s She’s Next Initiative Makes Global Leap
Top News In Payments: Revolut Collaborates With Mastercard; Visa’s She’s Next Initiative Makes Global Leap
October 22, 2019  |  News

In today’s payments news, British FinTech startup Revolut is teaming with Mastercard to help it expand into the U.S. Also, Visa’s “She’s Next, Empowered by Visa” initiative is...

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SoftBank Takes Over WeWork; Founder To Get $1.7B Package To Exit Board
SoftBank Takes Over WeWork; Founder To Get $1.7B Package To Exit Board
October 22, 2019  |  Partnerships / Acquisitions

Former WeWork CEO and Co-Founder Adam Neumann was offered a reported $1.7 billion in stock, cash and credit to exit the company as investor SoftBank...

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SoftBank’s Proposed WeWork Buyout Pegs Valuation At Almost $8B
SoftBank’s Proposed WeWork Buyout Pegs Valuation At Almost $8B
October 21, 2019  |  Partnerships / Acquisitions

Softbank is reportedly in advanced talks to take over troubled startup and worksharing space WeWork, which was once one of the hottest startups around but...

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Top News In Payments: Mastercard Unveils Bill Pay Exchange; Amex Card Spending Drives Q3 Revenue
Top News In Payments: Mastercard Unveils Bill Pay Exchange; Amex Card Spending Drives Q3 Revenue
October 21, 2019  |  News

In today’s payments news, Mastercard is rolling out Mastercard Bill Pay Exchange with the help of several new partners. Also, card member spending, among other...

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SoftBank Wants Majority Stake In WeWork, Sans Liabilities
SoftBank Wants Majority Stake In WeWork, Sans Liabilities
October 21, 2019  |  Investments

SoftBank looks to become the majority owner of WeWork without getting into long-term lease obligations, Reuters said on Saturday, Oct. 19. Sources told Reuters that...

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WeWork Woes, AI Views And Gig Economy Pay Top Week’s News
WeWork Woes, AI Views And Gig Economy Pay Top Week’s News
October 18, 2019  |  News

Happy weekend! You might have missed some vital payments and commerce news this busy week, but the PYMNTS Weekender has you covered. We have deep...

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Big Fizzle: Marcus Libra Optimism A Fizzle In The Making?
Big Fizzle: Marcus Libra Optimism A Fizzle In The Making?
October 18, 2019  |  Sizzle/Fizzle

Optimism can be contagious. A can-do attitude can rally the troops, get things done, spark innovation where once the status quo was, well, good enough....

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WeWork Cash Crunch Holds Bankruptcy Threat Next Month
WeWork Cash Crunch Holds Bankruptcy Threat Next Month
October 18, 2019  |  Markets

WeWork could run out of money by next month — despite the fact that it was valued at $47 billion just nine months ago, making...

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Top News In Payments: Apple Card Sees High Demand, SoftBank In Talks To Rescue WeWork
Top News In Payments: Apple Card Sees High Demand, SoftBank In Talks To Rescue WeWork
October 16, 2019  |  News

Today in the payment’s news roundup, Goldman Sachs CEO David Solomon said there has been a lot of demand for Apple Card as of its launch in...

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