Nerdwallet, the online financial advice news site, filed to go public and revealed its revenue grew 32% in the first half of this year to $181.6 million after growing much more slowly in 2020. Nerdwallet’s IPO filing also showed that the 12 year old company was profitable until the first half of this year when a big increase in marketing expenses, aimed at driving more users, resulted in an...
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Q&A Crypto Startups
Ripple CEO: It’s ‘a Joke’ That Some Execs Believe SEC Isn’t Harming Crypto
Ripple Labs, the $10 billion valuation startup behind the digital currency XRP, has ridden a wave of interest in crypto: Transactions on its payment network gained 33% in the third quarter, bolstering its bank balance to more than $500 million. Blank-check companies have approached the firm about taking it public through a merger, said CEO Brad Garlinghouse in an interview. But things could be...
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