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WSJ News Exclusive | Restaurant-Software Provider Toast Prepares for IPO

“Toast Inc. is planning an initial public offering that could value the restaurant-software provider at around $20 billion, people familiar with the matter said. Toast tapped Goldman Sachs Group Inc. and JPMorgan Chase & Co. to underwrite a possible listing later this year, these people said. It could also consider other options including a sale […]
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Deals

Gravy Raises $4.5M for Its Service That Helps Subscription Businesses Recover Failed Payments

“Gravy , a startup helping subscription-based businesses recover failed payments, has raised $4.5 million in Series A funding for its specialized combination of technology and a human workspace that works to reacquire customers lost to what’s known as “involuntary churn.” That means the customer didn’t choose to end their subscription, but — for any one […]
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Deals

SeedFi Closes on $65M to Help Financially Struggling Americans Get Ahead

“Millions of Americans live paycheck to paycheck, and struggle to get out of a debt cycle. One startup is developing financial products targeted toward this segment of the population, with the goal of helping them build credit, save money, access funds and plan for the future. That startup, SeedFi , announced Wednesday it has raised […]
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Deals

Zolve Raises $15 Million for Its Cross-border Neobank Aimed at Global Citizens

“Tens of thousands of students and professionals move out of India each year to pursue higher education and for work. Even after spending months in a new country, they struggle to get a credit card from local banks, and end up paying a premium to access a range of other financial services. Banks in the […]
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Deals

U.S. Payments Startup Marqeta Files With Regulators for IPO – Source

“U.S. payment card issuing start-up Marqeta Inc on Tuesday filed confidentially with the U.S. Securities and Exchange Commision for a proposed initial public offering (IPO), according to a person familiar with the matter. Marqeta will now await feedback from the SEC on its filing and hopes to complete its IPO as early as April, the […]

On The Wires

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Deals

NMI Acquires USAePay to Expand Omnichannel Payment Offering

“NMI , a leading global payments enablement technology company, today announced it has acquired USAePay , a payment solutions company. Bringing together the NMI and USAePay solution sets allows the combined entity to better serve its joint partners and the market by expanding NMI’s technical capabilities, offering more choice and further establishing its leadership in […]