 WEEKEND ROUNDUP | |
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Robinhood is targeting an IPO Fintech unicorn Robinhood, which offers zero-fee stock, option, and crypto trading, has begun preparations to go public, Baiju Bhatt, the company's chief executive, revealed at TechCrunch Disrupt SF last week.
The US-based firm has raised $539 million in funding, and it's currently valued at $5.6 billion.
In preparation for the initial public offering (IPO), the five-year-old company is in the process of hiring a chief financial officer (CFO), as well as undertaking audits from the Securities and Exchange Commission (SEC) and FINRA, a US securities markets watchdog.
Business Insider Intelligence's Mekebeb Tesfaye has the full story. | |
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| | | Business Insider Intelligence spoke with UnitedHealthcare CEO Steve Nelson to understand how the largest health insurance company in the US has implemented a digital health strategy. Read More → | | | | |
| | | PayPal debuted a new service, called Funds Now, that will allow merchants to access their completed sales in real time so they can spend, access, or use them immediately. Read More → | | | | |
| | | Daimler, the parent company of Mercedes-Benz, revealed a new fully electric, autonomous concept car that can both ferry around passengers and deliver parcels. Read More → | | | | |
| | | The companies have developed an IoT product, dubbed "IoT in a Box," that will offer customers in China simple deployment of remote monitoring products. Read More → | | | | |
| | | Amazon's online store net sales grew 12% year-over-year (YoY) in Q2 2018, marking the third consecutive quarter that the e-tailer's growth in the segment decelerated. Read More → | | | | |
| | | Stablecoins are crypto tokens that are backed by a fiat currency to make them less risky, as they are not subject to the high volatility of conventional tokens like Bitcoin. Read More → | | | | |
| | | Tim Armstrong, the CEO of Verizon's digital media subsidiary, Oath, is reportedly leaving the company as a result of disagreements about the strategic roadmap under the telecom's new CEO, Hans Vestberg. Read More → | | | | |
| | | Barclays has introduced a new Open Banking feature, which allows customers to view their current accounts from different banks from within the Barclays mobile banking app. Read More → | | | | |
| | | Walmart recently added a store page on Walmart.com for its outdoor goods subsidiary Moosejaw, featuring products from various other premium brands as well, but many are choosing to withdraw. Read More → | | | | |
| | | UK-based TransferWise announced yesterday that it turned a profit for the second year in a row. Read More → | | | | |
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| | | Noncash payments are on the rise worldwide. In this report, Business Insider Intelligence compiles various payments snapshots, which together illustrate how digital payment methods are supplementing or replacing cash in each market. Each provides an overview of the payments industry in a particular country, and details the evolution of its development. They also highlight notable payments players in each region and discuss the opportunities and challenges that players are facing in their respective markets. Learn More → | | | | |
| | | The healthcare industry is undergoing a necessary transformation due to pressure from ballooning healthcare costs, a rising burden of chronic disease, and shifting consumer expectations. And wearables — including smartwatches, fitness trackers, and other connected devices — are playing a key role in this transformation. In this new report, Business Insider Intelligence details the current and future market landscape of wearables in the US healthcare sector. We explore the key drivers behind wearable usage by insurers, healthcare providers, and employers, and the opportunities wearables afford to each of these stakeholders. Learn More → | | | | |
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