Wednesday, May 26, 2021

Flywire, a Boston-based fintech focused on cross-border payments, closed up 46%+ in its Nasdaq debut after raising $250M in its IPO at a valuation of over $3B (Scott Kirsner Globe/The Boston Globe)

Scott Kirsner Globe / The Boston Globe:
Flywire, a Boston-based fintech focused on cross-border payments, closed up 46%+ in its Nasdaq debut after raising $250M in its IPO at a valuation of over $3B  —  The Boston-based digital payments company Flywire made its public market debut Wednesday on the Nasdaq exchange, after raising $250 million in an initial public offering.



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Alibaba's DAMO Academy releases RynnBrain, an open-source foundation model to help robots perform real-world tasks like navigating rooms, trained on Qwen3-VL (Saritha Rai/Bloomberg)

Saritha Rai / Bloomberg : Alibaba's DAMO Academy releases RynnBrain, an open-source foundation model to help robots perform real-worl...