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Money transfer startup Remitly reveals financial results in preparation for upcoming IPO

GeekWire

Seattle-based money remittance company Remitly disclosed key financial results on Monday afternoon in its Form S-1 registration statement , a key milestone toward becoming a publicly traded company. million net loss in 2020, doubling its annual revenue and cutting its loss nearly in half. (Remitly Photo).

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Remitly aims to raise up to $332M at $6.5B valuation in IPO for Seattle fintech giant

GeekWire

million net loss in the first six months of this year. million net loss in 2020, doubling its annual revenue and cutting its loss nearly in half. It said its business and the digital financial services industry as a whole has accelerated as a result of the pandemic. The company posted $202 million in revenue and a $9.2

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Accolade sets terms for IPO, aims to raise up to $211M in Seattle’s first public offering this year

GeekWire

million net loss and $132.5 million net loss and $94.8 million members across industries including media, technology, financial services, transportation, energy, and retail. Accolade would be the first Seattle-area company to go public since Adaptive Biotechnologies last year. That’s compared to a $56.5

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‘Fall in love with a problem’: Remitly CEO reflects on startup journey as remittance company goes public

GeekWire

It will raise more than $300 million in net proceeds as part of the IPO, one of the largest ever for a Seattle-area tech company. “But it’s a step along a much longer journey around transforming lives of immigrants and their families by providing them the most trusted financial services on the planet.” Remitly Photo).

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Adaptive Biotech revenue up 25%; company launches T-cell test for past COVID-19 infections

GeekWire

Seattle-based Adaptive Biotechnologies, which develops technology to sequence the human immune system to diagnose and treat disease, posted revenue of $30.2 The company’s quarterly net loss more than doubled to $44.6 Fourth-quarter financial results. million, and net loss grew to $146.2 Adaptive Biotech Graphic).

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5 recommendations for successfully implementing distributed innovation and shared value

Trends in the Living Networks

Their joint work on a process for cloning genes in microorganisms resulted in three patents that formed the foundation of the nascent biotechnology industry. In a commercial environment, getting the best people involved should be centered on financial rewards. There is immense competition to get top developers to work on your project.

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List of the world’s top female futurists (Update #5)

Trends in the Living Networks

At the market research firm she specializes in the future of finance, working mainly with brands in B2B and financial industries. Her writings and research have featured in the Harvard Business Review, Wall Street Journal, The Economist, New York Times, The Guardian, and Financial Times, among other publications. Twitter: @cjjuech.

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