Finalysis

Tesla | February 13, 2020

Tesla Inc on Thursday announced plans to raise $2 billion in a stock offering, tapping into an astronomical jump in its share price over the past few months and reversing the electric-car maker’s often-stated policy of avoiding sales of new stock. Tesla said it would offer 2.65 million shares, of which Chief Executive Officer Elon Musk will buy up to $10 million in shares, while board member and Oracle co-founder Larry Ellison will purchase up to $1 million worth of Tesla shares. Tesla&rsq...

PAYMENTS

Kyriba | August 26, 2021

Kyriba, a global leader of cloud-based finance and IT solutions, and Openpay Group Ltd., a global diversified payments fintech Company, announced a strategic partnership to introduce Openpay's OpyPro SaaS solution for B2B payments to Kyriba clients to improve their working capital performance and strengthen customer relationships. "We are thrilled to join this strategic partnership with Kyriba, a leading innovator in enterprise liquidity management," said Brian Shnid...

PayPal | January 16, 2020

PayPal Holdings, Inc. (NASDAQ: PYPL) today announced that it processed a record $10.3 billion in donations to charities around the world in 2019, and more than $1 billion in the month of December alone, as mobile and other digital channels continue to change how donors engage with nonprofit organizations. Twenty-one percent of all donations processed by PayPal in 2019 were made through mobile devices. "Our efforts to drive social impact and create value for all of our stakeholders continue ...

Reuters | March 11, 2020

Banks and other large financial companies in major cities across the world ramped up their emergency measures to combat the spread of the coronavirus on Tuesday, with Barclays Plc (BARC.L) and BlackRock Inc (BLK.N) confirming one case in their New York offices. The steps including telling staff who had been exposed to someone with the virus to self-quarantine for 14 days, splitting operations so that some staff work from home or back-up locations and deep cleaning offices. Barclays told staff on...