article thumbnail

Austin Mayor Announces Cancellation Of SXSW Due To Coronavirus

PYMNTS

The annual music and culture festival SXSW in Austin, Texas has been canceled due to fears over the spreading of the coronavirus , according to a report by Dallas News. As recently as Wednesday, Austin Public Health stated that ‘there’s no evidence that closing SXSW or any other gatherings will make the community safer.’

Austin 141
article thumbnail

Software Co BigCommerce IPO Soars 183 Pct

PYMNTS

BigCommerce , which works in software for online business operations, saw its value rise by 292 percent after an initial public offering (IPO) for $216 million was priced above a target range, according to a report by Bloomberg. exchange for a company raising at least $100 million, according to Bloomberg’s data. 4) for $24 each.

Software 194
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

BigCommerce Increases IPO Pricing Window To $21-$23 Per Share

PYMNTS

Online shopping technology provider BigCommerce Holdings is increasing its potential pricing and appended insider selling as it plans to go public, according to reports. Securities and Exchange Commission (SEC). The firm now intends to bring in $198 million through nine million units of stock priced somewhere between $21 and $23.

Austin 164
article thumbnail

PayPal Will Buy Hyperwallet In $400 Million Deal

PYMNTS

The deal will give PayPal greater strength in eCommerce and online marketplaces, PayPal said in a statement. Marketplace sales accounted for 50 percent of all online sales in 2017, according to an estimate provided by PayPal. Hyperwallet has offices in Austin, London, San Francisco, Sydney and Vancouver.

article thumbnail

Thomson Reuters Unveils Bitcoin Chatter Gauge

PYMNTS

As cryptocurrencies fuel discussions on forums and news websites, a new version of a Thomson Reuters Corp tool will capture online chatter around bitcoin. Traders have long analyzed online chatter around traditional investments, and that trend continues with bitcoin, which Reuters will analyze in the tool it runs with MarketPsych Data LLC.

Bitcoin 102
article thumbnail

B2B Finance As A Service Tops This Week’s VC List

PYMNTS

Based in Austin, Consero provides businesses with a Finance as a Service suite of solutions: outsourced CFO and bookkeeping services, combined with its financial management platform SIMPL. The company secured $50 million in private equity funding from BV Investment Partners, Built In Austin said this week. Consero Global.

Austin 100
article thumbnail

Mobile Checkout Finds Fresh Fuel From 7-Eleven

PYMNTS

To serve customers who want to shop in stores and online, retailers and solution providers in general are working to offer a unified retail experience across multiple channels. To help event organizers distribute tickets, online platforms are creating environments that work efficiently for buyers and sellers.

Mobile 128