Nubank Helps Digital Lender Tyme Reach $1.5 Billion Valuation – PYMNTS.com

Digital bank based in South Africa time Achieved unicorn status with the help of FinTech colleagues Nubank. company announced On Tuesday (December 17), the company announced that it had raised $250 million in a Series D funding round, valuing it at $1.5 billion. Tyme's investors include Nubank, a Brazil-based digital lender with 110 million members. […]

TikTok parent ByteDance’s valuation hits $300 billion, sources say

TikTok parent company ByteDance recently valued the company at about $300 billion after consulting investors about a stock buyback program, according to two people familiar with the matter and documents seen by Reuters. ByteDance has contacted investors in recent weeks and offered a price of $180.70 per share, the people said. The current offer price […]

Tesla headed for $2T valuation after Musk’s ‘big bet’ on Trump win, analysts say

Automotive expert Lauren Fix joins “Kabuto: Coast to Coast” to discuss the impact of President Trump's victory on Tesla's soaring stock price. Tesla shares continue to soar after President-elect Trump secured a second term in the White House with CEO Elon Musk as a key backer, following last week's post-election rally. The electric vehicle manufacturer's […]

Fidelity Slashes Valuation of X/Twitter by 79% Since Elon Musk’s Acquisition

Investment giant Fidelity has written down the value of Elon Musk's shares in X (formerly known as Twitter Inc.) by a staggering 78.7% as of the end of August, and the social media platform Musk bought. That means the overall valuation is just $9.4 billion. 44 billion after attempting to withdraw from the agreement. tech […]