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Revolut, the $5.5 billion fintech startup, says it will let its 2,000 staff work abroad for 60 days a year

Revolut will allow its 2,000 employees to work overseas for 60 days a year, it said Thursday, following demand from staff to vi.....»»

Category: smallbizSource: nytApr 8th, 2021

The Wall Street Journal: CEO of luggage startup Away steps down after article was critical of work environment

Away, an online seller of luggage that investors valued at $1.4 billion earlier this year, said Chief Executive Steph Korey is stepping down from that role......»»

Category: topSource: marketwatchDec 9th, 2019

Japan"s SoftBank taps into Mexican fintech startup Clip: sources

Japan's SoftBank Group invested about $20 million in Mexican payments startup Clip early this year, one of its first Latin America deals as it launches a $5 billion technology fund in the region, said three people familiar with the matter......»»

Category: topSource: reutersMay 6th, 2019

The CEO of a banking startup reveals how hard work and long hours spurred his company to a $1.7 billion valuation in less than 3 years

Revolut Revolut, the London-based banking startup founded in 2015.....»»

Category: topSource: businessinsiderApr 26th, 2018

London banking startup Revolut is now worth $1.7 billion — just 33 months after launching

Storonsky Fintech Re.....»»

Category: topSource: businessinsiderApr 26th, 2018

Fintech startup SpotOn almost tripling staff this year as it squares off against Square

SpotOn offers credit card processing services and a range of other services to small and mid-sized merchants, pitting the upstart against Square, which saw its shares hit an all-time high Monday......»»

Category: topSource: bizjournalsJun 4th, 2018

Paypal to spend $3 billion a year on M&A: CEO to German paper

PayPal Holdings Inc is on the lookout for further acquisitions following its recent takeover of iZettle, the Swedish fintech startup, for $2.2 billion, in the U.S. payments company's biggest ever deal......»»

Category: topSource: reutersJul 8th, 2018

Paypal to spend $3 billion a year on M&A: CEO to German paper

PayPal Holdings Inc is on the lookout for further acquisitions following its recent takeover of iZettle, the Swedish fintech startup, for $2.2 billion, in the U.S. payments company's biggest ever deal......»»

Category: topSource: moneycentralJul 8th, 2018

States Where People Are Too Sick to Work

Each year, American workers miss more than half a billion days due to illness and injury. While taking a sick day can sometimes not be avoided, a number of studies have shown that certain health........»»

Category: blogSource: 247wallstAug 29th, 2018

SCI doubling space in move to Glens Falls

The business processes more than $1 billion a year in payments for companies that work with independent contractors......»»

Category: topSource: bizjournalsApr 7th, 2021

These 8 charts show the glaring gap between men"s and women"s salaries in the US

March 24 is Equal Pay Day, representing the extra days into a new year that a typical woman needs to work to make what a man made the previous year. US Rep. Ilhan Omar poses for a photo with fellow panelists at a.....»»

Category: worldSource: nytMar 24th, 2021

Report: Charlotte fintech eyeing more than $5 billion IPO in second quarter

Charlotte unicorn AvidXchange Inc. is prepping for an initial public offering later this year, according to reports......»»

Category: topSource: bizjournalsMar 24th, 2021

WeWork discloses $3.2B loss in 2020 as it seeks SPAC deal

WeWork lost $3.2 billion last year, according to documents shown to prospective investors by the office-sharing startup as apart of a pitch for $1 billion in investment and a stock market listing, the Financial Times reported on Monday......»»

Category: topSource: foxnewsMar 22nd, 2021

The Funded: Plaid could be worth as much as $15 billion in a new funding round — nearly triple what Visa was going to pay

A rich valuation deal for San Francisco fintech Plaid tops Bay Area startup and venture news at the end of the week......»»

Category: topSource: bizjournalsMar 19th, 2021

Google will spend $7 billion on new buildings and data centers in the U.S. this year, doubling down on a return to the office

Google is forging ahead with new offices and data centers, even as the debate over what the future of office work will look like continues to rage......»»

Category: topSource: washpostMar 18th, 2021

Tencent sheds $65 billion in 2 days as investors fear a Chinese government crackdown

Chinese authorities are stepping up its scrutiny of the country's fintech firms, and Tencent could be in the firing line. Pony Ma is chief executive of Tencent VCG/Getty Images Tencent shares .....»»

Category: topSource: businessinsiderMar 15th, 2021

Hollywood is losing out on $10 billion in revenue every year by underfunding work by Black creators

A recent study by McKinsey found that Hollywood could boost annual revenue by $10.....»»

Category: smallbizSource: nytMar 12th, 2021

Earnings Results: AMC lost nearly $1 billion in holiday season, but stock is gaining as executives see better days ahead

AMC Entertainment Holdings Inc. reported a loss of nearly $1 billion in the holiday season to wrap up a woeful year of closed movie theaters, but executives sounded a hopeful note for reopening in 2021......»»

Category: topSource: marketwatchMar 10th, 2021

GameStop short-sellers have lost $1.9 billion in just 2 days amid the stock"s latest spike

GameStop shorts were down $10.75 billion year-to-date as of Th.....»»

Category: topSource: businessinsiderFeb 25th, 2021

Mobile apps unicorn AppLovin makes $1B buy ahead of expected IPO

Mobile apps unicorn AppLovin Corp. is doing another acquisition on its way to going public, this time picking up a German startup for $1 billion. This would be the seventh acquisition by the Palo Alto company since 2014, including last year's p.....»»

Category: topSource: bizjournalsFeb 4th, 2021

COVID-19 hands Southwest its first full-year loss since 1972

Southwest Airlines said it lost $3.1 billion in 2020, its first full-year loss since its early days in 1972, and said bookings for early this year have stalled in the face of high numbers .....»»

Category: topSource: chicagotribuneJan 28th, 2021