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CASPER IPO VALUATION DWINDLES FROM PEAK OF $1 BILLION

Casper | January 27, 2020

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Casper Sleep Inc, the online mattress retailer whose investors include actor Leonardo DiCaprio and rapper 50 Cent, expects its initial public offering valuation to be well below the roughly $1 billion it commanded in the last funding round. In a regulatory filing on Monday, the company said it expects the offering of 9.6 million shares to be priced between $17 and $19 per share. At the top end of the range, the IPO will raise $182.4 million and give the firm a valuation of $768 million. Casper w...

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FINANCIAL MANAGEMENT

PNC ANNOUNCES ACQUISITION OF POINT OF SALE AND PAYMENTS SOLUTIONS FIRM, LINGA

PNC | September 27, 2022

news image

The PNC Financial Services Group, Inc. today announced it has acquired Linga, a point of sale (POS) and payments solutions firm providing an industry-leading, cloud-based restaurant operating system. The acquisition of Linga and its technology will further expand PNC's digital resources and enhance the bank's capabilities to better serve its hospitality and restaurant industry clients. "This acquisition reflects our continued commitment to expanding our ...

Read More

PAYMENTS, FINTECH

SUNRATE ANNOUNCES THE INTEGRATION OF MASTERCARD CROSS-BORDER SERVICES

SUNRATE | January 17, 2023

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SUNRATE, a leading global fintech firm, announced today that it has successfully integrated Mastercard Cross-Border Services into its intelligent global payment and treasury management platform thereby, enhancing its customers' worldwide cross-border payment capabilities. Mastercard Cross-Border Services integration is the latest expansion of the two firms' ongoing global partnership. In 2020, SUNRATE secured the Mastercard principal membership, providing the company wit...

Read More

FINTECH

S&P GLOBAL MARKET INTELLIGENCE LAUNCHES THE ONBOARDING ACCELERATOR TOOL TO SECURITIES FINANCE CLIENTS ENHANCING EFFICIENCY

S&P Global Market Intelligence | September 15, 2022

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S&P Global Market Intelligence, a division of S&P Global and provider of information services and solutions to the global markets, has integrated the Onboarding Accelerator tool into its Securities Finance platform. The automated solution is designed to overcome the inefficiencies of the legacy, manual process, currently faced by borrowers and lenders when onboarding new lenders and accounts. The new tool will automate the process, allowing for improved transparency and efficiency....

Read More
news image

CASPER IPO VALUATION DWINDLES FROM PEAK OF $1 BILLION

Casper | January 27, 2020

Casper Sleep Inc, the online mattress retailer whose investors include actor Leonardo DiCaprio and rapper 50 Cent, expects its initial public offering valuation to be well below the roughly $1 billion it commanded in the last funding round. In a regulatory filing on Monday, the company said it expects the offering of 9.6 million shares to be priced between $17 and $19 per share. At the top end of the range, the IPO will raise $182.4 million and give the firm a valuation of $768 million. Casper w...

Read More
news image

FINANCIAL MANAGEMENT

PNC ANNOUNCES ACQUISITION OF POINT OF SALE AND PAYMENTS SOLUTIONS FIRM, LINGA

PNC | September 27, 2022

The PNC Financial Services Group, Inc. today announced it has acquired Linga, a point of sale (POS) and payments solutions firm providing an industry-leading, cloud-based restaurant operating system. The acquisition of Linga and its technology will further expand PNC's digital resources and enhance the bank's capabilities to better serve its hospitality and restaurant industry clients. "This acquisition reflects our continued commitment to expanding our ...

Read More
news image

PAYMENTS, FINTECH

SUNRATE ANNOUNCES THE INTEGRATION OF MASTERCARD CROSS-BORDER SERVICES

SUNRATE | January 17, 2023

SUNRATE, a leading global fintech firm, announced today that it has successfully integrated Mastercard Cross-Border Services into its intelligent global payment and treasury management platform thereby, enhancing its customers' worldwide cross-border payment capabilities. Mastercard Cross-Border Services integration is the latest expansion of the two firms' ongoing global partnership. In 2020, SUNRATE secured the Mastercard principal membership, providing the company wit...

Read More
news image

FINTECH

S&P GLOBAL MARKET INTELLIGENCE LAUNCHES THE ONBOARDING ACCELERATOR TOOL TO SECURITIES FINANCE CLIENTS ENHANCING EFFICIENCY

S&P Global Market Intelligence | September 15, 2022

S&P Global Market Intelligence, a division of S&P Global and provider of information services and solutions to the global markets, has integrated the Onboarding Accelerator tool into its Securities Finance platform. The automated solution is designed to overcome the inefficiencies of the legacy, manual process, currently faced by borrowers and lenders when onboarding new lenders and accounts. The new tool will automate the process, allowing for improved transparency and efficiency....

Read More