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Palantir Raising Nearly $1B From Investors

PYMNTS

In federal filing Wednesday (July 1), Palantir said it was offering securities totaling $961,099,010. Securities and Exchange Commission (SEC) filing said, is $549,727,437. Palantir, founded in 2003, sells software to government agencies and companies for managing and analyzing their data. The amount sold so far, the U.S.

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FinTech Payment Firm Nuvei Files IPO In Canada

PYMNTS

If approved by the Canadian Securities Administrators (CSA), the country’s equivalent of the U.S. Securities and Exchange Commission, the stock would be listed on the Toronto Stock Exchange under the “NVEI” ticker. The news service, citing a source, said the IPO is expected to push that valuation to more than $3 billion.

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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. “One

Austin 164
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DocuSign Buys Contract Analytics Firm Seal Software For $188M

PYMNTS

The company works with others, such as Nokia, Dell and PayPal , on managing contracts. Docusign, which is based in San Francisco, operates its largest base out of Seattle, where it was originally founded in 2003. Seal Software, founded in 2010, advertises itself as a leader in enterprise contract analytics.

Software 130
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The Future of Checks – Tales From The Crypt

South State Correspondent

The banking industry, pushed by the events of 9/11, moved to check imaging by the Check 21 Act in 2003. The channel is not secure, and any criminal can steal, forge, or alter the checks almost at will. Households and merchants must receive, verify, manage, transport, secure check stock, and deposit checks.

Fraud 195
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IPOs On Pause As Gov’t Shutdown Drags On

PYMNTS

The Wall Street Journal reported that the partial closure of the Securities and Exchange Commission (SEC) is to blame for the delay, with companies including Gossamer Bio, Alector and Blackstone Group LP’s Alight Solutions putting planned IPOs on hold for this month. Data shows that an average of about three dozen companies go public on U.S.

Capital 169
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Facebook Adds New Lobbyists In Libra Push

PYMNTS

Mike Crapo of Idaho, who was head of the Senate Banking Committee until 2003. He used to be the managing director of Credit Suisse Securities, and he has other clients that include Delta Air Lines and the American Financial Services Organization.

Idaho 122