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DraftKings To Merge With Other Companies, Go Public

PYMNTS

Online betting company DraftKings is merging with two other companies and going public, according to a report by the Boston Business Journal. Jason Robins, the co-founder and CEO of DraftKings, is going to run the new company, which will be incorporated in Nevada and keep its headquarters in Boston.

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DraftKings To Merge, IPO At A $3.3B Market Value

PYMNTS

Online betting company DraftKings is merging with two other companies and going public, according to a report by the Boston Business Journal. Jason Robins, the co-founder and CEO of DraftKings, is going to run the new company, which will be incorporated in Nevada and keep its headquarters in Boston.

Las Vegas 130
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One Food-Ordering App To Rule Them All

PYMNTS

It’s a hungry brand, gobbling up three different food delivery competitors in the last quarter alone: Boston-based Foodler, Groupon’s OrderUp and most recently, Yelp’s Eat24. OrderUp does, however, continue to operate in 11 markets, which license the platform’s technology and mobile app, though they may not be doing business under its name.

Baltimore 138
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Wayfair’s Burgeoning Home Goods Ecosystem

PYMNTS

In fact, in its founding days back in 2002, Wayfair fit comfortably in the spare bedroom of Conine’s Boston-area home. As of now, the firm is looking to branch out from its Copley Place headquarters in downtown Boston and into a neighboring building that reportedly has enough space to accommodate it. Doubling Down On Tech.

Boston 100
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Kreditech Taps mBank Veteran Michal Panowicz To Lead on Products, Technology

Fintech Labs Insights

Panowicz, who worked for fellow Finovate alum mBank as Senior Director and Managing Director from the fall of 2011 to the spring of 2015, will be responsible for Kreditech’s product and technology departments. Founded in 2012 and headquartered in Hamburg, Germany, Kreditech demonstrated its technology at FinovateSpring 2014.

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The Top 20 Venture Capitalists

CB Insights

We used CB Insights data gathered via our machine learning technology (dubbed The Cruncher ) and from thousands of submissions we received from VC partners and firms via The Editor. Brian Singerman started his career as a Software Engineer for 3D online virtual-world company, There Inc. 2018 VC Report: AI FUNDING LEPT 29% IN US.

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Is It ‘A Bot Time’ For Payments To Jump On The Bot Bandwagon?

PYMNTS

The media has declared chatbots the digital version of the little black dress: a technology staple that every brand must now have and every payment type must now commerce-enable. WeChat was launched in 2011 by Chinese internet giant Tencent. We take our weather very seriously in Boston.

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