Amazon is reportedly facing a full-scale EU antitrust investigation over its $1.7 billion acquisition of iRobot, the maker of the popular Roomba vacuum cleaner introduced in 2002. After completing its preliminary review of the deal on July 6, the European Commission has scheduled a four-month investigation, according to...
Global mergers and acquisitions (M&A) volumes dropped by 48% year over year in the first quarter. As of Thursday (March 30), M&A volumes for the quarter were down by 70% in Europe, 44% in the United States and 29% in Asia Pacific, Reuters reported Friday...
The stablecoin USDC may have regained its dollar peg, but traders may not be in the clear. USDC traders could risk multi-million dollar liquidations if the stablecoin slips below $1 again this week, according to a report Monday (March 13) by Coindesk, the latest example...
Muddy Waters Capital has unveiled a short of Uruguay-based, U.S.-listed payments company dLocal Ltd. (DLO) in a report that drew a swift response from the firm. In the report released Wednesday (Nov. 16), Muddy Waters Capital said dLocal has reported a rate of growth and...
July 11, 2022
Up, up and …. Well, not quite away. But up. And so, even with a 5% gain in the past week, the PYMNTS ConnectedEconomy 100 Index (CE100™) is still down more than 31% for the year. CE100 Relative Performance Source: PYMNTS The rebound was led by the Pay and Be Paid pillar, which soared 8.4% […]
July 07, 2022
We wouldn’t call it a comeback. But it’s a gain, nonetheless. Coming into the close of a week shortened on Wall Street by the July Fourth holiday weekend, the FinTech...
June 24, 2022
The super app offers a digital front door for a range of activities — from banking and investing to insurance, peer-to-peer (P2P) and beyond. In an interview with PYMNTS’ Karen...
June 16, 2022
Perhaps the best thing that could be said about this terrible, no good, lousy week is that … it could’ve been worse. The 13.5% slide in the FinTech IPO Tracker...
June 23, 2023
Amazon is reportedly facing a full-scale EU antitrust investigation over its $1.7 billion acquisition of iRobot, the maker of the popular Roomba vacuum cleaner introduced in 2002. After completing its preliminary review of the deal on July 6, the European Commission has scheduled a four-month investigation, according to sources claiming that Amazon is unlikely to offer any remedies […]
March 31, 2023
Global mergers and acquisitions (M&A) volumes dropped by 48% year over year in the first quarter. As of Thursday (March 30), M&A volumes for the quarter were down by 70%...
March 13, 2023
The stablecoin USDC may have regained its dollar peg, but traders may not be in the clear. USDC traders could risk multi-million dollar liquidations if the stablecoin slips below $1...
November 16, 2022
Muddy Waters Capital has unveiled a short of Uruguay-based, U.S.-listed payments company dLocal Ltd. (DLO) in a report that drew a swift response from the firm. In the report released...
