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FinTech Payment Firm Nuvei Files IPO In Canada

PYMNTS

The lead underwriter for the offering is Goldman Sachs Canada in cooperation with book managers Credit Suisse Securities Canada Inc, BMO Nesbitt Burns Inc. and RBC Capital Markets. Founded in 2003, Nuvei said its platform connects the major payment card platforms worldwide, and supports more than 450 payment methods and 150 currencies.

Payments 229
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Navigating Choppy Waters: Staying Invested and Focused in Turbulent Markets

TrustBank

Investing in the financial market can sometimes feel like sailing through unpredictable seas, especially during times of market stress and volatility. The waves of market uncertainty can make even the most seasoned investors uneasy, or at times even seasick. 2023 has been a time of turbulent markets.

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

PYMNTS

Tiger Global Management plans to buy as much as one-fifth of the shares in the IPO. One or more entities affiliated with Tiger Global Management, LLC, or Tiger Global, have indicated an interest in purchasing up to a maximum of 20 percent of the shares of Series 1 common stock offered in this offering at the initial public offering price.

Austin 164
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Temasek Cuts Raises, Bonuses Amid Coronavirus Outbreak

PYMNTS

As the Coronavirus circulates, Temasek Holdings Pte is instituting a company-wide wage freeze and requesting that senior management accept voluntary pay reductions for as long as one year. In addition to financial markets, mortgage rates and tourism, manufacturers are also experiencing a production hit.

Community 130
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Yotpo Joins UPS eCommerce Tech Program For SMBs

PYMNTS

Yotpo, the New York-based eCommerce marketing platform, has been selected as a partner by the UPS Customer Technology Program ( CTP ) that promises to provide small and medium-sized businesses (SMBs) with access to customer reviews, visual marketing, loyalty and referrals, the company announced. Terms of the deal were not disclosed.

Atlanta 160
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Eclipse Acquisition Brings Payment Alliance Int’l 15K More ATMs

PYMNTS

ATM portfolio management tools and services firm Payment Alliance International (PAI) has acquired Arizona-based ATM operator Eclipse Cash Systems for an undisclosed sum. PAI provides scale, as well as industry-leading portfolio management tools for our market partners.

ATM 128
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IPOs On Pause As Gov’t Shutdown Drags On

PYMNTS

markets each year during the first quarter. Since 1995, there have been only three years that had an IPO drought in January: 2003, 2009 and 2016. Lori Begley, managing director at BMO Capital Markets, is advising companies that have completed most of the regulatory review process to still postpone their IPOs.

Capital 169