Remove Capital Remove Leadership Remove New York
article thumbnail

AI Software Provider C3.ai Eyes IPO

PYMNTS

The company intends to list its Class A common stock on the ticker symbol "AI" on the New York Stock Exchange, according to a press release. Co-managers including Canaccord Genuity , JMP Securities , KeyBanc Capital Markets , Needham & Company , and Piper Sandler are also involved. ai Founder and CEO Thomas M.

Software 201
article thumbnail

Starbucks New Investor: Pershing Square Capital Management

PYMNTS

Pershing Square Capital Management, the activist hedge fund controlled by activist investor William Ackman, now has about a 1.1 percent stake in Starbucks. The Wall Street Journal noted Ackman said he thinks same-store sales have been positive on a consistent basis and that the market in the U.S.,

Capital 128
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

C3.ai Boosts IPO Share Price In Bid To Raise $589 Million

PYMNTS

Our singular focus is to leverage our technology leadership, first-mover advantage, and management leadership to establish and maintain a global leadership position in Enterprise AI," C3.ai ai plans to list its Class A common stock with the ticker symbol "AI" on the New York Stock Exchange, according to a press release.

article thumbnail

Visa Taps Chris Newkirk To Serve As Chief Strategy Officer

PYMNTS

“Chris will be a great addition to the executive team, not only because of the deep payments expertise he brings, but also for his passion for people and excellent leadership,” Kelly said in the announcement. “I and New York. I look forward to welcoming Chris into our Visa family.

Strategy 131
article thumbnail

Lightspeed Buys Restaurant POS Upserve To Strengthen Hospitality Offering

PYMNTS

Lightspeed bought Upserve for $430 million , consisting of approximately $123 million in net cash and up to 5,895,365 subordinate voting shares in the capital of Lightspeed, which is subject to post-closing adjustments, the release stated.

New York 187
article thumbnail

Investors Tap Into The Promise Of High-Tech Data Analytics In The Enterprise

PYMNTS

It was a busy time for B2B venture capital this week, and while funding ranged across verticals from expense management to SaaS, there was a clear theme in investment rounds: high-tech data analytics. The company said it will use the backing to focus on its go-to-market strategy and expand existing leadership. Expense Management.

Analytics 189
article thumbnail

Alternative SMB Finance Leads B2B VC Roundup

PYMNTS

Venture capital (VC) is far from the only funding source for B2B FinTechs. Despite a growing array of options, venture capital remains a solid funding source for B2B FinTechs, with this week’s roundup accumulating $104.4 The solution provides a short-term working capital solution by financing unpaid invoices at a discount.

New York 130