Pine Labs gets warm market welcome on $440M India IPO despite a valuation trim
Pine Labs, backed by PayPal and Mastercard, gained 14% on its market debut.
Pine Labs, backed by PayPal and Mastercard, gained 14% on its market debut.
Cash App is adding a map to its app to let users discover places that accept bitcoin
The company’s shares opened 12% above their issue price, at ₹112, and closed at ₹128.85, lending it a market cap of ₹795 billion (approximately $9 billion).
Venmo launches a cash back program for debit card users, as credit card use declines among Gen Z.
The Indian fintech already has a presence in 20 countries worldwide.
While Armstrong may have helped some Kalshi and Polymarket users make a little money, he was also illustrating how easily these markets can be manipulated.
Navan finished its first day trading at an approximate valuation of $4.7 billion, which is about half of its last private valuation of $9.2 billion.
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The partnership aims to issue about 2 million fixed-deposit-backed credit cards in the next 12 months.
The startup’s platform is built on several modular systems that clients can purchase individually or as a complete suite.