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Trading platform eToro will merge with the FinTech V SPAC in a $10.4 billion deal - sending the blank-check company surging

The deal implies a value of around $9.6 billion for Robinhood rival eToro, the companies said. eToro is a commission-free trading platform SOPA Images/Getty Images FinTech Acquisition Corp V will take Robinhood .....»»

Category: personnelSource: nytMar 16th, 2021

Y Combinator"s ex-chief Sam Altman teams with Lucid Motors" SPAC backer on new blank-check company that"s seeking $1B in an IPO

Sam Altman, the former president of Y Combinator, has teamed up with investor Michael Klein to form a new blank-check company for which they're hoping to raise $1 billion in an IPO. The pair filed their offering paperwork Monday for New York-ba.....»»

Category: topSource: bizjournalsMar 15th, 2021

Cannabis company Parallel to go public via merger with Scooter Braun-backed blank-check company

Multi-state cannabis operator Parallel said Monday it is going public via a merger with special p.....»»

Category: topSource: marketwatchFeb 22nd, 2021

Fintech MoneyLion Gets SPAC Deal From SPY, GLD ETF Creator: What Investors Should Know

American digital financial platform MoneyLion announced a merger with the blank check acquisition company Fusion Acquisition Corp (NYSE: FUSE) on Friday. read more.....»»

Category: blogSource: benzingaFeb 14th, 2021

Simon mall group forms SPAC to target "innovative" retail businesses

The nation's largest mall owner, which operates 13 malls in the Massachusetts, has formed a blank-check company with the intent to merge with "an innovative business with the potential to disrupt various aspects of the retail industry.".....»»

Category: topSource: bizjournalsFeb 1st, 2021

SoftBank"s SPAC Files For IPO, May Acquire Vision Fund Portfolio Companies

SoftBank Group Corp. (OTC: SFTBY) backed blank check company, SVF Investment Corp, read more.....»»

Category: blogSource: benzingaDec 22nd, 2020

Fintech Katapult to go public through merger with SPAC FinServ, that values company at $1 billion

Katapult Holding Inc. is set to go public, after the e-commerce financial technology announced Friday an agreement to merge with special purpose acquisition company (SPAC), or "blank-check" company, FinServ Acquisition Corp. in a deal that i.....»»

Category: topSource: marketwatchDec 18th, 2020

Global Blue to list on NYSE via takeover by Dan Loeb-backed blank-check company Far Point

Zurich-based payments company Global Blue said Thursday it will become a public company with a .....»»

Category: topSource: marketwatchJan 16th, 2020

Softbank-backed Katerra shifting work to California from Arizona, cutting 200 jobs

Katerra Inc., the SoftBank-backed California company valued at more than $1 billion that aims to disrupt homebuilding, is shutting down a factory in Arizona and cutting 200 jobs. Michael Marks, CEO of the Menlo Park-based business, told Bloomberg that.....»»

Category: topSource: bizjournalsDec 4th, 2019

Australian fintech Athena Home Loans is launching a new offering after a $70 million funding round

This story was delivered to Business Insider Intelligence Fintech Briefing subscribers earlier this morning. To check to see if you already have access to Business Insider Intelligence through your company, click here. .....»»

Category: topSource: businessinsiderOct 22nd, 2019

Dutch neobank Bunq has expanded to all countries within the EU

This story was delivered to Business Insider Intelligence Fintech Briefing subscribers earlier this morning. To check to see if you already have access to Business Insider Intelligence through your company, click here. Digital bank.....»»

Category: topSource: businessinsiderOct 2nd, 2019

Ford forms JV with Mahindra for India business

Ford Motor Co and Mahindra & Mahindra will form a joint venture company in India valued at $275 million that will develop, market and distribute Ford branded vehicles in the country, the two companies said on Tuesday......»»

Category: topSource: reutersOct 1st, 2019

Atlanta fintech Payscape merges with NXGEN International

Atlanta-based fintech firm Payscape has merged with NXGEN International, a fintech company based in Montana, Payscape announced. Globally, Payscape will now have nearly 400 employees, doubling in size, spokesman Matt Barudin told Atlanta Business.....»»

Category: topSource: bizjournalsMay 14th, 2019

Billionaire Tilman Fertitta launches another blank-check co. with $275M IPO

Houston billionaire Tilman Fertitta’s second blank-check company has raised $275 million to be used in a future business combination. Landcadia Holdings II Inc. priced its initial public offering of 27.5 million units at $10 each, according to a .....»»

Category: topSource: bizjournalsMay 7th, 2019

Houston blank-check co. focused on industrial sector files for $225M IPO

Another local blank-check company is preparing for an initial public offering, and this one aims to focus on the industrial sector. Houston-based Graf Industrial Corp. on Sept. 18 filed a registration statement on Form S-1 with the U.S. Securities .....»»

Category: topSource: bizjournalsSep 19th, 2018

Cannabis Watch: Canopy Growth-backed pot company Slang lists on CSE, valued at $480 million

Slang Worldwide Inc. listed on the Canadian Securities Exchange Tuesday and investors valued the Canopy Growth Corp.-backed cannabis branding and distribution business at C$645 million ($480 million)......»»

Category: topSource: marketwatchJan 29th, 2019

Cisco Systems inks lease downtown, bucking trend of tech firms shedding office space

The size of the lease isn't huge, but it represents welcome positive activity from a tech company in the Central Business District. At the end of this report, check out a list of commercial real estate brokerage firms in the Austin area......»»

Category: topSource: bizjournalsApr 18th, 2024

Qisda eyes to cross-region medical care services

Qisda is looking to form a business group that focuses on medical care covering the Greater China and Southeast Asia, according to company chairman Peter Chen......»»

Category: topSource: digitimesMay 23rd, 2021

Blockchain startup OwlTing aims at explosive growth

OwlTing, a Taiwan-based startup engaged in blockchain applications, aims to increase business by 50-100 times from the current level in 5-7 years, with new FinTech services to be the major driving force, according to company founder and CEO Darren Wang......»»

Category: topSource: digitimesMay 20th, 2021

Pine Gate Renewables breaks off construction business after buying NC firm

Pine Gate Renewables has purchased Horne Brothers Construction, combining the business with its engineering, procurement and construction operations to form a new company called Blue Ridge Power......»»

Category: topSource: bizjournalsMay 17th, 2021