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Contributions To DAFs, Distributions Both Decline

The NonProfit Times

Donor-advised fund (DAF) disbursements to charitable organizations declined 1.4% The growth in charitable assets under management is attributable in part to gains in global financial markets. The National Philanthropic Trust began tracking donor-advised fund data in 2007. The data is primarily from federal Form 990 filings.

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eToro IPO: Crypto and stock trading platform’s ETOR shares to list on Nasdaq in latest fintech public debut

Fast Company Tech

The company made the announcement in a press release today, in which it confirmed that it had filed its Form F-1 registration statement with the U.S. eToro shares will trade on the Nasdaq Global Select Market. eToro Group Ltd has announced that it plans to take itself public in an initial public offering. What is eToros stock ticker?

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Accel closes on $3B across three funds as it ramps up global investing

TechCrunch

Accel announced Tuesday the close of three new funds totaling $3.05 Notably, the 38-year-old Silicon Valley-based venture firm is doubling down on global investing. fund at $650 million; its seventh early-stage European and Israeli fund also at $650 million and its sixth global growth stage fund at $1.75

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Nubank files to go public

TechCrunch

This morning Brazilian neobank Nu, better known as Nubank, announced that it has filed to go public. Today its S-1 filing remains private, but the announcement of its existence implies that Nu is on track to go public soon, perhaps inside of 2021. The Neobanking boom’s leading candidates.

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Global-e files to go public as e-commerce startups enjoy a renaissance

TechCrunch

Global-e , an e-commerce platform that helps online sellers reach global consumers, filed to go public this morning. The company’s F-1 filing is here , if you’d like to read along. While Global-e is not a United States-based company — it also has offices in the U.K. What is Global-e?

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Duolingo filed to go public

TechCrunch

billion, has officially filed to go public. Of course some of that growth would have happened sans the recent global pandemic, but it’s not hard to see some COVID-related acceleration in the figures. Duolingo , a Pittsburgh-based language learning business last valued at $2.4 One of the most revealing bits of its story?

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Virgin Atlantic files for bankruptcy due to COVID-19

The Verge

Virgin Atlantic Airways has filed for bankruptcy protection for its United States business, as it tries to nail down a £1.2 It’s the second of Richard Branson’s airlines to do so during the COVID-19 pandemic, after Virgin Australia filed for “administration” — a form of bankruptcy in countries like Australia and England — earlier this year.

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