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FinTech Stripe Eyes Funding Round That Could Put Valuation At $100B

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According to people familiar with the discussions, the new valuation could hit as much as $70 billion or maybe as much as $100 billion, Bloomberg said. Bloomberg noted that the company has been taking advantage of the eCommerce interest, starting its own card-issuing service for U.S.

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Affirm Aims At Over $10 Billion Valuation In New IPO Filing

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The Silicon Valley startup is planning to offer 24.6 At $44 per share price, Affirm would have a valuation in excess of $10 billion, Reuters reported. The startup had originally said it would go public before the end of 2020 but postponed plans. Affirm intends to list on the Nasdaq under the ticker AFRM.

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Casper Expects IPO Valuation To Fall Far Lower Than $1B

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eCommerce mattress merchant Casper Sleep Inc. forecasts that its initial public offering (IPO) valuation will be far under the approximate $1 billion it had for its most recent funding. The IPO would provide the company with a valuation of $768 million and would bring in $182.4 The eCommerce mattress merchant said it lost $92.1

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Chinese Social Media Startup Seeks Funds At $6B Valuation

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Chinese eCommerce and social media startup Xiaohongshu , also known as “Little Red Book,” wants to raise funds at a $6 billion valuation, according to Bloomberg. It’s teamed up with a financial plan adviser to identify possible investors. RED closed a $300 million series D round in 2018 and had a valuation of $3 billion.

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Five At Five: Instagram’s New eCommerce Plan

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New data shows a projected 14 percent increase in fraud attempts during the upcoming 2018 holiday season, with fraud likely to peak on Thanksgiving Day. Instacart Raises $271M on $7.8B

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Investors Cap Off 2020 With An Eye On B2B eCommerce, SMB Banking

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There were several notable rounds, including high-value deals for supply chain management, B2B eCommerce and small business banking. Snap Accounts Payable, otherwise known as SnapAP, has announced the completion of the first stage of funding from angel investors as it continues on its way toward a planned $2 million seed investment round.

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This Week In Payments: Digital Banking, Financial Literacy And Expanded eCommerce Competition

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Ranchere said that’s most observable in the world of challenger banks, as investors reevaluate the core value such firms offer — and their sky-high valuations. For example, Monzo raised funds at a lower valuation level after recently announcing some layoffs. There was no shortage of news in the challenger-banking space this week.