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Monday, May 18, 2026

PicPay Revives U.S. IPO Plans After Sharp Financial Turnaround

Brazilian fintech PicPay has refiled for a U.S. initial public offering with the Securities and Exchange Commission, marking a renewed push to access U.S. capital markets after shelving earlier plans. The company initially filed confidentially in April 2021 but withdrew the application in June 2022 due to weakening market conditions. In its latest filing, PicPay said it intends to list on the Nasdaq under the ticker “PICS,” though it has not yet disclosed the number of shares to be offered or an expected price range...

OCC Charter Proposal Signals Clearer Path for New National Banks

The OCC has issued a notice of proposed rulemaking titled “National Bank Chartering,” published in the Federal Register on January 12, 2026, that would formalize the standards and procedures it uses to evaluate applications to charter new national banks. The proposal is intended to consolidate and clarify existing OCC practices rather than create a new chartering regime, and it emphasizes transparency around the factors the agency weighs in reviews, including governance, capital, liquidity, risk management, and compliance systems...

Microsoft Launches Community-First Framework for Responsible AI Data Center Expansion

Microsoft is rolling out a “Community-First AI Infrastructure” framework that sets out how the company plans to build and run U.S. datacenters while addressing...

The Key Financial Forces CFOs Must Navigate in 2026

Finance chiefs enter 2026 with planning cycles under pressure from three directions: inflation that still affects costs and pricing, policy shifts that change the rules midstream, and economic signals that keep snapping between “soft landing” and “slowdown.” Even with easing rates, inflation’s aftereffects continue to shape liquidity strategy, capital allocation, and how aggressively teams push pricing...

Marqeta Names Patti Kangwankij as Chief Financial Officer

Marqeta has appointed Patti Kangwankij as its new Chief Financial Officer, strengthening its leadership team as the company focuses on growth and profitability. Kangwankij will oversee all financial operations and support Marqeta’s strategy as it scales its card issuing platform. She succeeds Mike Milotich, who transitioned to the role of Chief Executive Officer in September 2025 following a previously announced leadership change...

OneStream Signs Definitive $6.4B Acquisition Agreement With Hg

OneStream announced it has agreed to be acquired by software investor Hg in an all-cash transaction that values the company at approximately $6.4 billion in equity. Under the agreement, Hg will become the majority voting shareholder, while General Atlantic and Tidemark will hold significant minority stakes. Shareholders will receive $24.00 per share, representing a 31% premium to the company’s closing price on January 5, 2026...

Nasdaq Signals Strong Pipeline for Billion-Dollar IPOs

Nasdaq expects a stronger year ahead for public listings, led by several large startups planning to access U.S. capital markets in the coming months. The exchange sees improving conditions for new offerings as companies and investors move past recent volatility linked to U.S. trade policy and economic uncertainty. In 2025, companies listed on Nasdaq raised about $46.65 billion, more than double the amount raised during the same period in 2024...

Regulators Ease Bank Capital Rules Amid Economic Pressures

Regulators in several major markets are moving to ease bank rules that were tightened after the 2008 financial crisis, with the U.S. taking the most aggressive direction. In the U.S., bank regulators are pursuing changes that could lower how much capital large lenders must hold, including adjustments to leverage rules, the GSIB surcharge applied to the biggest global banks, and revisions to Basel III Endgame requirements. At the same time, the Federal Reserve is revamping its annual stress tests in a way that is expected to reduce required capital set-asides...

Amazon Backs New Water-AI Nexus to Cut Data Center Water Use...

Amazon is backing a new effort to make the AI boom easier on water systems. Through AWS, Amazon joined the Water Environment Federation, the Water Center at the University of Pennsylvania, and Leading Utilities of the World to launch the Water-AI Nexus Center of Excellence. The initiative centers on two tracks: cutting water use tied to AI infrastructure (“Water for AI”) and applying AI tools to water scarcity and utility operations (“AI for Water”)...

SurveyMonkey Appoints Lance Ludman to Lead Finance Function

SurveyMonkey has appointed Lance Ludman as chief financial officer, adding a finance executive with experience across software and education technology companies. In the role, Ludman will lead the company’s finance organization, including financial strategy, planning and analysis, accounting, tax, and treasury. Eric Johnson, Chief Executive Officer at SurveyMonkey, stated, “What truly excites me is his unique leadership style: he maintains a persistent curiosity and business-partnership mindset...

Popular Articles

Hertz Appoints Scott M. Haralson as Chief Financial Officer

Hertz Global Holdings, a prominent global rental car company, has announced the appointment of Scott M. Haralson as Chief Financial Officer. "His deep expertise in financial management and leveraging the capital markets to drive business transformation will be invaluable to Hertz as we rotate our fleet, deliver operational excellence, build greater cost discipline and undertake other key initiatives to improve our financial performance", stated Hertz CEO Gil West...

Navan Appoints Amy Butte as Chief Financial Officer

Navan, the comprehensive super app simplifying travel and expense management, announced the appointment of Amy Butte as Chief Financial Officer effective June, 2024. Butte, who joined Navan's Board of Directors in April 2024, has resigned from her role as Audit Committee Chair to assume this executive position...