Digital-payments company Stripe said Sunday it had closed a $ 600 million funding round that values the company at $ 95 billion — more than double its valuation a year ago. Stripe said it would use the money to beef up its European operations — especially its co-headquarters in Dublin …
Read More »: Rihanna’s Savage x Fenty closes funding round, heating up competition in lingerie category
Savage x Fenty, the lingerie brand designed by pop music star Rihanna, announced Wednesday that it has closed a $ 115 million Series B fundraising round, led by private-equity firm L Catterton. Savage x Fenty plans to use the funds for further customer acquisition and expansion into retail. Revenue for the …
Read More »The Wall Street Journal: WeWork in talks to combine with SPAC, or take private funding
WeWork is in talks to combine with a special-purpose acquisition company, according to people familiar with the matter, a deal that would usher the office-leasing company into the public markets more than a year after its high-profile failure to stage a traditional initial public offering. WeWork’s board and its Chief …
Read More »VA loans: What to know about funding fees and closing costs
Coming up with a down payment for a new home is often the thing that keeps people from taking the leap from renter to homeowner in the first place. That’s why US veterans, active-duty service members, National Guard and reservists who may not have saved up enough for a down …
Read More »The Wall Street Journal: DoorDash close to funding deal that would value company at $15 billion pre-infusion
DoorDash Inc. is close to securing new funding that would value the largest U.S. meal-delivery company at more than $ 15 billion before the infusion, as a wave of deal making sweeps over the red-hot industry. The closely held company plans to sell hundreds of millions of dollars of equity …
Read More »Metals Stocks: Gold prices jump more than 3% after Fed announces short-term funding facility
Gold prices punched higher Tuesday, with gains for the metal coinciding with an announcement that the Federal Reserve was establishing a lending facility to assist U.S. corporations in rolling over short-term debt, a key area of the market that had frozen during the coronavirus pandemic. A gain for the precious …
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