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Tag: cash burn

Are Super Apps the Path to Success for Indonesia’s E-Wallets? – Fintech Singapore

In recent years, Asia has seen an explosion in the usage of e-wallets, particularly in Indonesia, where transaction values of 33.4 percent year-on-year (y/y) to IDR...

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US bank woes? Silicon Valley Bank stocks plunge 1 day after Silvergate downfall

Fears have been heightened over the future of another United States bank this week after Silicon Valley Bank (SVB) announced a significant sale of...

Electric-van start-up Arrival to cut half its remaining staff

Arrival will shed about half its remaining workforce to prevent it running out of cash this year, as the struggling UK electric-van start-up named...

Is Coinbase stock undervalued? Analysts divided

With the crypto industry struggling through a record bear market situation, one asset that has polarized analysts is Coinbase stock which...

Bitcoin Miner Greenidge Says Continued Viability in ‘Substantial Doubt’

Another crypto miner may be teetering towards bankruptcy.Bitcoin miner Greenidge announced that there is “substantial doubt” about its capacity to continue as a business,...

Bitcoin Miner Greenidge Generation Reaches Debt Restructuring Deal With NYDIG

Greenidge Generation, a bitcoin miner operating in New York, has reached a restructuring agreement for the $74.4 million debt with its lender, NYDIG.The restructuring...

How Founders Should Think About Cash Management

Cash is like oxygen for startups; founders sometimes take it for granted, but it keeps your business alive. Even if you have a great...

Esports Entertainment Endures Miserable Week, Analyst Highlights Liquidity Issues

Esports Entertainment Group (NASDAQ:GMBL) shed nearly two-thirds of its value this week. That’s after the company missed fourth-quarter estimates and cut 2022 guidance, prompting an analyst to question the firm’s liquidity position. Earlier this week, the Malta-based gaming and sports betting company said its fourth-quarter sales missed Wall Street forecasts by 22%, and it slashed […]

The post Esports Entertainment Endures Miserable Week, Analyst Highlights Liquidity Issues appeared first on Casino.org.

Fintech Klarna Launches Comparison Shopping Service Across Europe

Payments Fintech Klarna has launched a Comparison Shopping Service (CSS) to help partner retailers boost customer reach and budget savings. David Sandström, Chief Marketing...

UiPath’s IPO filing suggests robotic process automation is booming

Robotic process automation platform UiPath added its name to the list of companies pursuing public-market offerings this morning with the release of its...

Boeing (BA) Stock Rises 8% Now amid Fears of New Coronavirus Wave

Today Boeing (BA) stock is up nearly 8%. Meanwhile, the stock has dropped 48.53% in the past twelve months. Despite the fact that there...

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