The US CFPB drops its lawsuit against Zelle operator EWS, JPMorgan, Bank of America, and Wells Fargo, after suing them in December 2024 over fraud complaints
The Consumer Financial Protection Bureau on Tuesday dismissed its lawsuit against the operator of the Zelle payments network …
The US CFPB drops its lawsuit against Zelle operator EWS, JPMorgan, Bank of America, and Wells Fargo, after suing them in December 2024 over fraud complaints
The Consumer Financial Protection Bureau on Tuesday dismissed its lawsuit against the operator of the Zelle payments network …
Cloud data management startup Rubrik priced its NYSE IPO at $32 per share, above its expected $28 to $31 range, raising $752M and valuing the company at $5.6B
Filing: Reddit aims to raise up to $748M in its IPO, selling ~22M shares at $31 to $34 each, for a ~$6.5B valuation; Reddit set aside 1.76M shares for its users
- Reddit aims to raise up to $748 million as part of its upcoming IPO, according to a corporate filing on Monday.
Instacart closed up 12.33% in its Nasdaq debut, valuing the grocery delivery company at just over $11B; Instacart was valued at $39B in March 2021
An interview with Instacart founder and former CEO Apoorva Mehta on Instacart's beginnings, his board exit, his reluctance to take the company public, and more
and today he cut all ties with the company Reuters : Instacart set to be valued at nearly $13 bln in Wall Street debut Ari Levy / CNBC : Instacart closed up 12.33% in its Nasdaq de...
Sources: Klarna is nearing a deal to raise ~$650M mostly from existing investors led by Sequoia Capital at a ~$6.5B valuation, down from $45.6B in June 2021
The deal would be a huge comedown for the company, which investors valued at $45.6 billion in 2021
Brian Armstrong says there's “no risk of bankruptcy” after Coinbase said in its filing that its users might lose all their crypto if the exchange goes bankrupt
Shares in crypto exchange fall 23% after bleak results and new risk disclosure — Shares in cryptocurrency exchange … Source: @brian_armstrong .
SoFi says it will go public via a merger with a SPAC backed by Chamath Palihapitiya at a valuation of $8.65B
DoorDash closes at $189.51, up 85% from its $102 pricing, after popping to $182 as the shares began trading, giving a valuation of $60.2B
turning $680m to $11.5b based on today's opening price. https://www.cnbc.com/... Dare Obasanjo / @carnage4life : What I like most about the DoorDash founding story is that it bucks...
Palantir files S-1 for its public market listing, confirming a net loss of $580M in 2019 on $742.6M in revenue; intends to debut with a direct listing
- The data analytics company co-founded by Peter Thiel is going public after 16 years. — Data analytics company Palantir Technologies …
In a letter from Palantir's S-1, CEO Alex Karp says Silicon Valley's “engineering elite” don't know “how society should be organized or what justice requires”
KEY POINTS — In Palantir's filing to go public on Tuesday, CEO Alex Karp said Silicon Valley engineers …
Sources: SoftBank urges WeWork to cancel IPO following cool reception from investors, amid fears it could affect SoftBank's Vision Fund fundraising efforts
SoftBank, the biggest outside shareholder in WeWork, is urging the lossmaking property group to shelve its hotly anticipated initial public offering …
Sources: the WeWork IPO is going forward as planned, with the roadshow set to kick off as soon as Monday
KEY POINTS — The roadshow for the We Co., the startup's parent company, is set to kick off as soon as Monday, sources say. — WeWork's roadshow flies in the face …