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Online Gambling Player Rush Street Wins Support of Blank Check Firm To Go Public

PYMNTS

Chalk up another major deal for blank check companies, one of Wall Street’s hottest new trends, with online gambling and sports betting company Rush Street Interactive ’s announcement that it will be going public. RSI is projecting $321 million in revenue for its fiscal 2021.

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SMB Card FinTech Bucks Coronavirus Uncertainty With Funding

PYMNTS

It’s too soon to tell how coronavirus will impact the venture capital ecosystem, but some analysts are turning to the economic crisis of 2008 to make some educated guesses. ” As investors and startups remain on-edge about exactly how this will play out, only a few B2B technology startups announced their own investments this week.

Cards 181
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Cooler Screens Brings New Look To Retail Innovation

PYMNTS

But for Chicago-based Cooler Screens , all those clear refrigerator doors are a potential goldmine. “We We are taking advantage of unused capacity,” Cooler Screens Chief Technology Officer Rob Dravenstott told PYMNTS in a recent interview. “We Coming Soon To Stores Near You. We're very careful about how we protect identity.

Retail 277
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GoHealth Ready To Launch $750M IPO

PYMNTS

Chicago-based GoHealth has filed to raise $750 million in an initial public offering (IPO) of its Class A common stock, according to an amendment to its registration seen by Seeking Alpha. Thus far, the company has received $869 million from investors, with one of them being Centerbridge Capital Partners.

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Deliverr Puts $40M On The Board To Battle Amazon

PYMNTS

Yesterday, the smaller-scale fulfillment company closed $40 million in Series C funding, led by Activant Capital, bringing its total capital raised to $70 million. In the age of Amazon, achieving success in this market takes dozens of fulfillment centers, advanced logistics and sophisticated enterprise technology.

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B2B FinTech Firms Brace For Growth With New VC

PYMNTS

Growth of FinTech funding seems unstoppable, with the latest analysis from Hampleton Partners finding enterprise financial services and integration, online financial services, enterprise financial software and Software-as-a-Service (SaaS) risk management as some of the hottest spots for investors this year. 2nd Address.

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On-Demand Payroll Leads B2B FinTech Funding

PYMNTS

backers focused on accounts payable (AP) technology, cannabis procurement and small business lending, to name a few – but it was a FinTech specializing in the high-growth market of on-demand payroll that secured the top spot in this week’s roundup. Finexio’s AP automation technology has attracted another $2.5 Leaf Trade.

Fintech 133