Venmo Payment App Launches a Credit Card via Synchrony Financial

2020-10-21T21:31:22+00:00October 21st, 2020|Start Ups|

Venmo, the mobile payment app popular among millennials, launched its first credit card at the beginning of October. The initial launch will make the credit card available only to select existing users. Availability will expand to a broader user base in the coming months. The company hopes that directly integrating [...]

Opendoor Digital Real Estate Platform to Go Public by SPAC

2020-10-13T17:45:36+00:00October 12th, 2020|Mergers & Acquisitions, Start Ups|

Opendoor is the online consumer real estate market startup that is revolutionizing the online consumer real estate market. Privately held, the eompany announced in mid-September that it plans to go public via a special purpose acquisition company (SPAC). SPACs are also commonly known as blank-check companies. They are public entities [...]

Ant Group, Chinese Fintech Giant, Prepares for Largest IPO in History

2020-10-12T17:09:44+00:00October 8th, 2020|Start Ups|

Ant Group Co., the Chinese fintech giant controlled by Jack Ma, is planning a record-setting IPO. The markets anticipate that Ant’s IPO will exceed the record set by Saudi Aramco’s $29 billion IPO. Onlooker estimate that the dual listing will raise about $35 billion, which would make it the [...]

Tesla to Produce Its Own Lithium After Acquisition Falls Through

2020-10-07T03:34:37+00:00October 6th, 2020|Start Ups|

Tesla announced recently that it has secured its own lithium mining rights in Nevada after scrapping a plan to buy a company in the southwestern part of the state. The automaker has been having discussions in recent months with Cypress Development Corporation, looking to extract lithium from clay deposits in [...]

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