For FinTechs looking to go public, 2023 will not be the year of the SPAC stock listing. If they opt to go public at all, that is. As PYMNTS’ own data shows, the pace of SPAC deals slowed to the low single digits in most...
Tech stocks have had a reckoning in the past several days — a rally proved short lived, a blip. But the FinTech IPO Index managed to see at least some gains through the past five sessions. Slight gains, to be sure — the group was...
Today in B2B payments, newly announced partnerships aim to provide solutions for eInvoicing, request-to-pay services, capital advance, B2B eCommerce payments and payment tech for accounts receivable (AR) management. Plus, Billtrust says it’s been sold in a $1.7 billion deal. Partner Hub, Answer Pay Team on...
B2B payments company Billtrust has been sold to the investment organization EQT in an all-cash transaction that values Billtrust’s equity at approximately $1.7 billion. According to a Wednesday (Sept. 28) news release, Billtrust, which has traded on the Nasdaq since going public last year, will...
December 19, 2022
For FinTechs looking to go public, 2023 will not be the year of the SPAC stock listing. If they opt to go public at all, that is. As PYMNTS’ own data shows, the pace of SPAC deals slowed to the low single digits in most cases, most notably in payments, shopping and work-related verticals. To […]
September 18, 2023
Spanish travel technology firm Hotelbeds is reportedly considering an initial public offering (IPO) next year, with plans to sell more than €1 billion (about $1.07 billion) worth of shares. The company is in talks with banks to lead the sale, Reuters reported Monday (Sept. 18), citing unnamed sources. The firm is advised by Evercore, with Morgan Stanley expected […]
