In today’s top news, Monday.com is seeking an IPO, a proposed New York City Council bill would require that restaurant aggregators share customer data with restaurants, and Goldman Sachs has tapped an Uber Technologies executive to operate its Marcus digital banking division.
Monday (May 17) was a significant day for Monday.com, with the workplace collaboration company announcing it had filed an F-1 registration with the U.S. Securities and Exchange Commission (SEC) for a proposed initial public offering (IPO) of its ordinary shares.
Goldman Sachs has hired away an Uber Technologies executive to run its Marcus digital banking arm. Peeyush Nahar is set to join the firm at the start of June and will take a spot that was left empty earlier this year, when Omer Ismail left Goldman to run Walmart’s new FinTech upstart.
A proposed New York City Council bill that was recently introduced would make restaurant aggregators share customer data with eateries. The bill, which was proposed by Council Member Keith Powers, would require third-party food delivery services to share information with eateries like “the customer’s name, phone number, email address, delivery address and the contents of their order.”
Metromile, the digital insurance platform and pay-per-mile vehicle insurer, and Hippo Insurance Services, which provides home insurance, will work together to offer a multipolicy discount on auto and homeowners insurance.
Mecum Auctions will be taking digital currency for payment. The payments will be accepted through BitPay. “BitPay provides a powerful, streamlined process that makes crypto transactions simple for both our customers and our accounting team,” Mecum Auctions Chief Operating Officer Sam Murtaugh said in a release.
Dog and cat owners can spend between $1,000 and $1,800 on their pets during just the first year they own them, leading a number of them to look for flexible spending options to keep their animals happy and their budgets in check. An increasing proportion of consumers are looking for buy now, pay later (BNPL) options to help them spread out the cost of their pet-related purchases without compromising on care or merchandise for their pets.