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Fintech Focus For November 3, 2020
Monday, November 2, 2020 - 7:02pm | 2173Read More...Quote Of The Day: I’d start a war just to illustrate the value of peace. - Clint Eastwood Fintech Movers: According to the Amex Trendex: Holiday Business Spend Survey, 78% of small- and mid-size business owners and financial decision makers said payment flexibility is important during this...
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Fintech Focus For October 28, 2020
Tuesday, October 27, 2020 - 5:52pm | 2346Read More...Quote Of The Day: Life is a long lesson in humility. - James M. Barrie Fintech Movers: UBS Group AG plans to invest $200 million of its own money in fintech companies over the medium term in a push to further digitize its services and find new ways to engage with clients. - Bloomberg Benzinga...
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Airbnb To Split Privately-Held Shares 2-For-1 Ahead Of IPO: Report
Sunday, October 25, 2020 - 11:19pm | 418Read More...Airbnb is splitting its privately held shares 2-for-1 ahead of its initial public offering, Bloomberg reported Sunday. What Happened: The company’s board of directors has approved the decision to split, which would be reflected in accounts beginning Tuesday, as per a company email seen by...
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Apple Veteran Chief Designer Jony Ive To Now Design The 'Future Of Airbnb'
Wednesday, October 21, 2020 - 10:59pm | 319Read More...Airbnb CEO Brian Chesky said Wednesday that former Apple Inc (NASDAQ: AAPL) Chief Design Officer Jony Ive will collaborate with the team at the vacation rental firm on its products and services. What Happened: Ive and his company LoveFrom will work on a “multi-year relationship” with...
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Q3 The Busiest Since 2014 For IPOs, Led By Unicorns, SPACs
Monday, October 12, 2020 - 3:25pm | 910Read More...The third quarter saw 86 companies go public via a traditional IPO. In the third quarter, 165 special purpose acquisition companies also raised funds. Breaking Down IPO Trends: Health care and technology were the two largest sectors in the third quarter for funds raised. Offerings were up...
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Fintech Focus For October 12, 2020
Sunday, October 11, 2020 - 8:33pm | 1989Read More...Quote Of The Day: The only impossible journey is the one you never begin. - Tony Robbins Fintech Movers: The Science and Technology (S&T) Directorate, the research and development wing of the United States Department of Homeland Security, has given close to a million dollars to five blockchain...
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Fintech Focus For October 8, 2020
Wednesday, October 7, 2020 - 6:07pm | 2475Read More...Quote Of The Day: It is during our darkest moments that we must focus to see the light. - Aristotle Fintech Movers: [Bank of America] said it applied for 415 patents this year for innovations regarding money transfer, bill payments, ATM transaction pre-staging, check verification using augmented...
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Airbnb Plans $3B IPO In December: Reuters
Monday, October 5, 2020 - 12:00am | 335Read More...Airbnb Inc, the online platform for vacation rental bookings, is planning to undergo an initial public offering in December, according to Reuters. What Happened: Airbnb submitted the IPO documents confidentially with the U.S. Securities and Exchange Commission in August and plans to make the...
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DraftKings Founder Jason Robins Teams With FirstMark On New SPAC
Monday, September 21, 2020 - 3:21pm | 613Read More...DraftKings Inc (NASDAQ: DKNG) was acquired by a SPAC and became a publicly-traded company earlier in 2020. Founder and CEO Jason Robins will now be on the other side of the deal-making with a new SPAC. The Management Team: FirstMark Horizon Acquisition Corp (NYSE:FMAC) is a new SPAC from the team...
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ProjectArt Founder Joins Airbnb Exec On 'Wardrobe' Startup To Rival Rent The Runway
Wednesday, September 9, 2020 - 7:50am | 1070Read More...Back in March, Rent the Runway (RTR) laid off its entire retail staff. The clothing rental brand blamed the COVID-19 pandemic for the cuts. Six months later, the company still hasn't recovered, opting to close all of its stores. Adarsh Alphons is unfazed by this grim scenario....
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Not Just Airbnb, Billionaire Investor Bill Ackman Also Talked SPAC Merger With Stripe
Friday, September 4, 2020 - 1:05am | 390Read More...Billionaire investor Bill Ackman in an interview with Bloomberg Thursday admitted he held early discussions with both Airbnb Inc and Stripe Inc on merger with his blank check company Pershing Square Tontine (NYSE: PSTH-U). What Happened: Ackman said discussions were held with the financial services...
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Airbnb Snubs Billionaire Bill Ackman's Offer To Go Public Via SPAC Merger: Report
Wednesday, September 2, 2020 - 11:45pm | 514Read More...Airbnb Inc. brushed off a merger with Pershing Square Tontine (NYSE: PSTH-U), the blank-check company owned by billionaire investor Bill Ackman, Bloomberg reported Wednesday. What Happened: No discussions are taking place between the two companies and early stage talks came to a halt after Airbnb...
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Fintech Focus For September 3, 2020
Wednesday, September 2, 2020 - 7:16pm | 1857Read More...Quote Of The Day: If opportunity doesn’t knock, build a door. - Milton Berle Fintech Movers: Ethereum’s DeFi ecosystem has amassed at least 166 startups and protocols across 12 verticals, which The Block has mapped out. - Block Bitfinex adds new perpetual contracts. How to earn 7% on...
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The 2020 IPO Outlook: 13 Offerings On The Docket
Monday, August 31, 2020 - 2:47pm | 1672Read More...The IPO market is heating up, with many companies filing paperwork to go public over the last two weeks. These recently announced IPOs and some carryovers from the first half of the year point toward a hot IPO market after Labor Day. Here's a look at 13 upcoming IPOs...
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Why This Venture Capitalist Says Now's The 'Perfect Time' For Airbnb IPO
Thursday, August 20, 2020 - 11:55am | 335Read More...Despite a global pandemic impacting the travel and hospitality industry, now is the "perfect time" for Airbnb to file for an initial public offering, Santosh Rao of Manhattan Venture Partners said on CNBC's "Worldwide Exchange." What Happened: Airbnb filed confidential...
