Wall Street Journal:
Sources: Stripe co-founders Patrick and John Collison told staff their goal is to go public or let employees sell shares in private markets in the next year — Fintech startup hires Goldman, JPMorgan to advise on direct listing or private-market transaction involving employees’ shares
Marco Quiroz-Gutierrez / Fortune:
Stripe debuts a customizable fiat-to-crypto payments widget for Web3 devs to directly embed into their apps; Stripe to handle KYC checks, fraud, and compliance — DAVID PAUL MORRIS—BLOOMBERG VIA GETTY IMAGES — Payments processing company Stripe on Thursday announced a so-called …
Forbes:
Sources: senior Stripe execs have asked managers to restart giving lower ratings on performance reviews to 10% to 15% of staff, seeking to prune its workforce — As the economy slows, more tech companies have been showing employees the door. Now some senior leaders at Silicon Valley fintech giant Stripe …
The Information:
Source: Israeli cybersecurity company Cybereason, which is valued at $2.5B, is looking for a buyer after abandoning plans to go public earlier in 2022 — Cybereason, a prominent Israeli security software firm valued at $2.5 billion by investors including Google, SoftBank …
Helen Li / Wired:
A look at the fintech startups serving small and large US-based cannabis retailers in an industry dominated by cash, as Visa, Mastercard, and others steer clear — In dispensaries, cash is king—and it’s a nuisance for business owners and buyers. Fintech players are entering the fray.
Kyle Wiggers / TechCrunch:
Taktile, which allows fintech companies to test and deploy decision-making models, has raised a $20M Series A co-led by Index Ventures and Tiger Global — The logic behind many fintech companies’ automated decisions — decisions that determine whether a customer is approved for a credit line …
Berber Jin / Wall Street Journal:
Accel, Lightspeed, Sequoia, a16z, and other firms are increasingly buying public tech stocks, capitalizing on low prices, as the private startup market stalls — Startup investors, known for making risky bets on unproven companies, are taking advantage of lower share prices following a market rout
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