The US Federal Reserve launches FedNow, its long-awaited real-time payments system that will eventually let individuals and businesses transfer money in seconds
JPMorgan, Wells Fargo, and 33 Banks Onboard Emma Roth / The Verge : The Federal Reserve's 24/7 payment system could deposit your paycheck instantly Paul Hill / Neowin : FedNow Service launches bringin...
WeWork to merge with a SPAC in a deal that would raise $1.3B and values the company at $9B
at a greatly reduced valuation New York Times : After Failed I.P.O., WeWork Will Go Public Through a Merger Anthony Spadafora / TechRadar : WeWork merges with SPAC in going public PYMNTS.com : WeWork ...
Source: Airbnb plans to make its IPO registration public as early as next week and debut next month
Joshua Franklin / Reuters :
Sources: Coinbase is exploring going public via a direct listing as early as this year; Coinbase was last valued at $8B+ in 2018
Anirban Sen, Joshua Franklin, Anna Irrera — (Reuters) - Coinbase Inc has started plans for a stock market listing that could come as early as this year …
WeWork parent says it expects to complete its IPO by the end of the year after shelving plans to launch an investor road show this week
Joshua Franklin, Anirban Sen — (Reuters) - WeWork owner The We Company said on Monday it expected to complete its initial public offering (IPO) …
Sources: WeWork is considering seeking a valuation of ~$20B-$30B in its US IPO, marking a significant reduction from an earlier valuation of $47B
Data Sheet New York Times : WeWork Parent Considers Reducing Valuation Before I.P.O. Thomas Franck / CNBC : WeWork is dramatically slashing its IPO valuation to less than $25 billion because of weak d...
Sources: Vista Equity Partners raises $850M for a second fund focused on early-stage enterprise software companies
Joshua Franklin / Reuters :
Uber's S-1 says the company had 91M average monthly active users, including for ride-hailing and Uber Eats, at the end of 2018, up 33.8% YoY
Joshua Franklin / Reuters : Tweets: @prsarahevans Tweets: @prsarahevans : UBER'S CURRENT STATUS: 🚗 91M average monthly active users 🚘 Ride-hailing and @UberEats ⬆️ Up 33.8% YoY, but slowing 💰 Revenue...
Lyft raises its IPO price range from $62-$68 per share to $70-$72 per share, targeting a valuation of up to $24.3B
Joshua Franklin, Diptendu Lahiri — (Reuters) - Lyft Inc on Wednesday raised the price range for its initial public offering, as investors looked past …