10 big things: Affirm leads a feeding frenzy for fintech

10 big things: Affirm leads a feeding frenzy for fintech

Fintech has been a venture capital hotspot ever since the global financial crisis, a calamity that exposed some serious flaws in an industry long dominated by an upper-crust of traditional names. In the ensuing years, a host of new companies pitching upstart...
Apax-backed ThoughtWorks gets $720m investment

Apax-backed ThoughtWorks gets $720m investment

Software consulting firm ThoughtWorks said it received a $720m investment at an enterprise value of $4.6bn from four new investors, including a pair of sovereign wealth funds. In addition to Singapore’s GIC Private and Abu Dhabi’s Mubadala Investment, the new...
IPO Values Thoma Bravo SPAC At $900mn

IPO Values Thoma Bravo SPAC At $900mn

Thoma Bravo, a private equity firm focused on the software and technology-enabled services sectors, has completed its IPO for Thoma Bravo Advantage, a special purpose acquisition company (SPAC) that has been valued at $900mn. The shares will be listed on the New York...