China’s cloud-based FinTech platform OneConnect reduced its U.S. initial public offering (IPO) on Thursday (Dec. 12) by nearly 50 percent, the Financial Times (FT) reported....
Automated business payments processing firm AvidXchange is launching a new fundraising round that could give the firm a $2 billion valuation, The New York Times...
Valuations are high. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
India-based OYO has filed a valuation report with India’s ministry of corporate affairs indicating that the company did not expect to turn a profit until 2022,...
Barclays has raised its investment opinion of Grubhub, positing that a few key moves could significantly change the future outlook of the company, according to...
Africa’s veteran FinTech firm Interswitch became the sector’s first unicorn following a $200 million investment by Visa that gave it a 20 percent equity stake...
Earlier this year, fitness startup Peloton Interactive acquired Gossamer Engineering, which has designed devices for Google and Facebook. Get the Full Story Complete the form...
SoftBank looks to become the majority owner of WeWork without getting into long-term lease obligations, Reuters said on Saturday, Oct. 19. Get the Full Story...
Hundreds of venture capitalists and high-level executives are meeting in Silicon Valley to discuss whether the current initial public offering (IPO) model is outdated and...