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Social Media Network Nextdoor Eyes IPO

PYMNTS

a social media network that is something of a combined Facebook, Craigslist and Yelp and whose members connect only with neighbors, is exploring going public, Bloomberg News reported. billion after a funding round in September 2019.”. Nextdoor Inc. ,

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Lost Pet Posters Get An Upgrade For The Digital Age

PYMNTS

And the idea is to take advantage of the ongoing rise of mobile commerce and social media to create, in essence, digital communities centered around pets — and not just ones that spark to life when little Fido goes missing, or plots an escape from a dog park or a particular section of the beach in the summer.

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Facebook's Libra Hires HSBC Veteran As Managing Director

PYMNTS

Libra Association, launched in June 2019, describes itself as an “independent member organization.” The group, based in Geneva, Switzerland, was founded by Facebook to launch the social media company’s entry into digital currency. In addition, government entities have become interested in “stablecoin” technology.

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These 12 Startups Are Competing in the Demo Contest at Bank Innovation Ignite

Bank Innovation

Community Capital Technologies, Denizen Financial, Diro Inc., The 12 startups demoing to try to win the “best in show” award at Bank Innovation Ignite have been unveiled. The startups are:[link] Avocado Payments, Budgit Inc., Exagens Corp., Fintel Labs, iGTB, JUDI.AI, KapitalWise, OpenDoor Securities, and Operant.AI

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Credit Suisse to slash 9,000 jobs, hive off investment bank | European FinTech growth cools down | Warner Bros launches Superman comic NFTs

Bussman Advisory

Oliver will be SFF panelist “The Curious Case of Capital Deployment” on November 2. As the first in-person SFF since 2019, the SFF team is ready to bring the global FinTech community together for a long overdue reunion.

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Car Vending Machine Company Carvana Goes Up Against Wall Street

PYMNTS

Its fourth-quarter earnings report, released at the end of February, showed a revenue jump of 88 percent from 2019 to $1.1 In 2019, we increased GPU by $750. billion, on an 82 percent increase in retail sales. Apparently that will get you in trouble on the Street. This year we expect another year of market-leading growth.

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Are you a bull or a bear, and how will it impact your planning for 2020 and beyond?

Gonzobanker

Regardless of their viewpoints on capital recovery, now is the time for banking leaders to reevaluate their planning strategies. In a recent Fortune survey, 55% of corporate executives said they expect to return to 2019 capital spending levels sometime in 2021. What businesses need capital in the interim?