November, 2020

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Credit Suisse, Bird Rides In Talks To IPO Via SPACs

PYMNTS

By merging with a SPAC, or blank-check firm, a company would be able to go public and also avoid the difficulty and risk of a traditional initial public offering (IPO). The discussions with Credit Suisse are so early as of Monday (Nov. 16) that Bird might decide not to go through with the deal at all.

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

PYMNTS

As with all SPAC mergers, the process would consist of a merger with a blank-check company like Ackman's. Stripe was in talks earlier this year with Bill Ackman , billionaire and SPAC investor, about possibly going public, as PYMNTS reported previously. However, Ackman told media at the time that Stripe wasn't “mature enough” to go public.

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How US Mobile Leverages Digital Identity To Protect Against SIM Swap Fraud

PYMNTS

You could go to eBay and buy a blank SIM card for any of the wireless carriers out there,” Ahmed Khattak , CEO and founder of prepaid cell carrier US Mobile , said during an interview with PYMNTS. Once you have that blank SIM card, all you need to do is convince the carrier to transfer a phone number to that same card, and that's it.

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Vintage Toys Aid In Happiness Recovery

PYMNTS

Maybe the toy train people could move some micro-shipments of blank puzzle pieces. Talk about supply chain issues. Yes, we know how that sounds. Visionary innovation often seems crazy. Playfulness, Prioritized. Going into the holiday 2020 season, there are 32 million children in the U.S. under the age of 14,” PYMNTS recently reported.

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Iliad’s Niel Teams Up To Launch Organic Foods SPAC In France

PYMNTS

Iliad SA Founder Xavier Niel is teaming up with other investors to raise up to $360 million, or 300 million euros, to launch a blank-check company aimed at acquiring assets focused on sustainable and environmentally friendly consumer goods.

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Pandemic Converts Telemedicine Skeptics Into Users

PYMNTS

He said today’s system dominated by big providers, third-party payers and invisible blank-check-style pricing isn’t working. “If