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Today In Payments Around The World: Checkout.com Lands $450 Million In Series C; Pakistan Rolls Out Instant Digital Payment System

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Plus, Delivery Hero is launching an early-stage venture capital (VC) firm. based digital payments firm, has increased its valuation to $15 billion following the closing of a Tiger Global Management-led $450 million Series C funding round. Germany’s Delivery Hero Introduces Its Own Venture Capital Fund. Checkout.com, a U.K.-based

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Rocket Cos, Quicken Loans Parent, Files IPO 

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Securities and Exchange Commission, the Detroit-based parent of Quicken Loans and Rocket Mortgage will go public under the name Rocket Companies. Rocket Companies, one of the nation’s largest mortgage lenders and parent of Quicken Loans , filed its initial public offering (IPO) late Tuesday (July 7). In its application with the U.S.

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Rocket Trims IPO By 39 Pct From $3.3B To $2B After Investors Reject Valuation

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The Detroit-based company is expected to market a reduced number of shares at about $18 to $20 apiece, Bloomberg reported, citing sources. Rocket Companies, the parent of mortgage lending giant Quicken Loans , reduced its terms to go public, Bloomberg reported. Last month, Gilbert sought an IPO for $3.3 which is owned by Gilbert.

Cleveland 233
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Rocket Mortgage Parent Plans $3.3B IPO

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Detroit-based Rocket Companies, which owns the Dan Gilbert -founded company Rocket Mortgage , is seeking an initial public offering (IPO) for $3.3 According to David Kudla , CEO of Mainstay Capital Management, Gilbert’s stake in the company meant he’ll likely retain full control over everything that happens with the company.

Cleveland 140
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VCs Back Autobooks For SMB Banking

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The company cited research from Below Research that found 70 percent of SMBs say they would use a cash flow management solution if it were offered by a bank, representing a gap between what small businesses want and what they get from their banks.

Detroit 122
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Macy’s Spotlights Women-Owned Businesses With SoGifted

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Macy’s is partnering with the female-led millennial venture capital fund SoGal Ventures to launch an in-store initiative focused on women-owned businesses, Macy’s said in a press release on Thursday (Dec. The two managing partners invest in diverse entrepreneurs at the seed and pre-A stage. Asia Pacific and Europe. Lauderdale.

Las Vegas 136
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Retail Pulse: FAO Schwarz To Open New Flagship; Amazon Expands Grocery Delivery

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And Starbucks has a new investor : Pershing Square Capital Management, the activist hedge fund controlled by activist investor William Ackman, now has about a 1.1 In September , Amazon and Whole Foods Market brought the service to Ann Arbor, Detroit, Jacksonville, Milwaukee, Madison, Omaha, St. percent stake in Starbucks.

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