From two founders in Palo Alto to a $6 billion public company, Navan shows what happens when AI meets the most human part of business: travel.
November 1, 2025 at 3:30 AM
From two founders in Palo Alto to a $6 billion public company, Navan shows what happens when AI meets the most human part of business: travel.
Navan’s IPO is a reminder that profitable scale, AI-driven automation, and user-first design can still create breakout stories – even in a crowded SaaS market.
November 1, 2025 at 3:30 AM
Navan’s IPO is a reminder that profitable scale, AI-driven automation, and user-first design can still create breakout stories – even in a crowded SaaS market.
According to CEO Ariel Cohen:
“You’re always one click away from Ava – our chatbot to fix a flight, connect to a new hotel, whatever you need.”
“You’re always one click away from Ava – our chatbot to fix a flight, connect to a new hotel, whatever you need.”
November 1, 2025 at 3:30 AM
According to CEO Ariel Cohen:
“You’re always one click away from Ava – our chatbot to fix a flight, connect to a new hotel, whatever you need.”
“You’re always one click away from Ava – our chatbot to fix a flight, connect to a new hotel, whatever you need.”
Early investors who held through the long runway – Lightspeed, a16z, Oren Zeev, Greenoaks, Premji, Group 11, are seeing the payoff after a decade-long build.
November 1, 2025 at 3:30 AM
Early investors who held through the long runway – Lightspeed, a16z, Oren Zeev, Greenoaks, Premji, Group 11, are seeing the payoff after a decade-long build.
Navan ranked #39 on the CNBC Disruptor 50 and is now among 2025’s largest software IPOs – a rare feat for a company rebuilt from pandemic shutdown to global rollout.
November 1, 2025 at 3:30 AM
Navan ranked #39 on the CNBC Disruptor 50 and is now among 2025’s largest software IPOs – a rare feat for a company rebuilt from pandemic shutdown to global rollout.
That turned into a $600M+ revenue business and a category-defining example of AI-first SaaS at enterprise scale.
November 1, 2025 at 3:30 AM
That turned into a $600M+ revenue business and a category-defining example of AI-first SaaS at enterprise scale.
The founders, Ariel Cohen & Ilan Twig, started in 2015 with a simple idea:
Make corporate travel painless, automate the admin, and give finance teams visibility in real time.
Make corporate travel painless, automate the admin, and give finance teams visibility in real time.
November 1, 2025 at 3:30 AM
The founders, Ariel Cohen & Ilan Twig, started in 2015 with a simple idea:
Make corporate travel painless, automate the admin, and give finance teams visibility in real time.
Make corporate travel painless, automate the admin, and give finance teams visibility in real time.
Navan’s platform compresses a 45-minute trip booking into 7 minutes, saving clients ≈ 15% in travel costs.
It’s built around Ava, the AI assistant now handling ~50% of user interactions – from rebookings to receipts.
It’s built around Ava, the AI assistant now handling ~50% of user interactions – from rebookings to receipts.
November 1, 2025 at 3:30 AM
Navan’s platform compresses a 45-minute trip booking into 7 minutes, saving clients ≈ 15% in travel costs.
It’s built around Ava, the AI assistant now handling ~50% of user interactions – from rebookings to receipts.
It’s built around Ava, the AI assistant now handling ~50% of user interactions – from rebookings to receipts.
Behind the market noise, the numbers tell a stronger story:
→ $613 million trailing-12-month revenue (+32%)
→ $7.6 billion in annual bookings (+34%)
→ Over 10,000 enterprise customers – from OpenAI to Unilever to Blue Origin.
→ $613 million trailing-12-month revenue (+32%)
→ $7.6 billion in annual bookings (+34%)
→ Over 10,000 enterprise customers – from OpenAI to Unilever to Blue Origin.
November 1, 2025 at 3:30 AM
Behind the market noise, the numbers tell a stronger story:
→ $613 million trailing-12-month revenue (+32%)
→ $7.6 billion in annual bookings (+34%)
→ Over 10,000 enterprise customers – from OpenAI to Unilever to Blue Origin.
→ $613 million trailing-12-month revenue (+32%)
→ $7.6 billion in annual bookings (+34%)
→ Over 10,000 enterprise customers – from OpenAI to Unilever to Blue Origin.
If the IPO proceeds, it’ll be the moment Ethereum’s builder economy meets Wall Street – on equal footing.
October 30, 2025 at 1:30 PM
If the IPO proceeds, it’ll be the moment Ethereum’s builder economy meets Wall Street – on equal footing.
A spokesperson told CoinDesk the firm has “nothing to announce at this time” – but said it’s constantly exploring opportunities to expand its impact.
October 30, 2025 at 1:30 PM
A spokesperson told CoinDesk the firm has “nothing to announce at this time” – but said it’s constantly exploring opportunities to expand its impact.
Consensys also backs SharpLink, which just deployed $200M in onchain yield strategies on Linea, its own Layer 2.
October 30, 2025 at 1:30 PM
Consensys also backs SharpLink, which just deployed $200M in onchain yield strategies on Linea, its own Layer 2.
The timing isn’t random:
→ Circle, Gemini, and Bullish all went public this year
→ U.S. regulatory clarity is improving
→ Institutional interest in Ethereum is accelerating
→ Circle, Gemini, and Bullish all went public this year
→ U.S. regulatory clarity is improving
→ Institutional interest in Ethereum is accelerating
October 30, 2025 at 1:30 PM
The timing isn’t random:
→ Circle, Gemini, and Bullish all went public this year
→ U.S. regulatory clarity is improving
→ Institutional interest in Ethereum is accelerating
→ Circle, Gemini, and Bullish all went public this year
→ U.S. regulatory clarity is improving
→ Institutional interest in Ethereum is accelerating
MetaMask alone is used by millions to manage tokens, hold crypto, and connect to apps across Web3.
October 30, 2025 at 1:30 PM
MetaMask alone is used by millions to manage tokens, hold crypto, and connect to apps across Web3.
Founded by Ethereum co-founder Joe Lubin, Consensys builds the tools that make Ethereum usable:
→ MetaMask
→ Linea (Layer 2 network)
→ Developer + enterprise tooling
→ MetaMask
→ Linea (Layer 2 network)
→ Developer + enterprise tooling
October 30, 2025 at 1:30 PM
Founded by Ethereum co-founder Joe Lubin, Consensys builds the tools that make Ethereum usable:
→ MetaMask
→ Linea (Layer 2 network)
→ Developer + enterprise tooling
→ MetaMask
→ Linea (Layer 2 network)
→ Developer + enterprise tooling
If it lists, it would be the largest Ethereum-native public debut ever.
And another sign that crypto infrastructure is moving into capital markets.
And another sign that crypto infrastructure is moving into capital markets.
October 30, 2025 at 1:30 PM
If it lists, it would be the largest Ethereum-native public debut ever.
And another sign that crypto infrastructure is moving into capital markets.
And another sign that crypto infrastructure is moving into capital markets.
Barclays is buying distribution, technology, and speed – the pillars of modern consumer finance.
October 29, 2025 at 7:30 PM
Barclays is buying distribution, technology, and speed – the pillars of modern consumer finance.
The strategy:
→ Use Barclays Bank Delaware as the U.S. platform
→ Combine digital risk, servicing, and data capabilities
→ Complement its co-brand credit card business
→ Use Barclays Bank Delaware as the U.S. platform
→ Combine digital risk, servicing, and data capabilities
→ Complement its co-brand credit card business
October 29, 2025 at 7:30 PM
The strategy:
→ Use Barclays Bank Delaware as the U.S. platform
→ Combine digital risk, servicing, and data capabilities
→ Complement its co-brand credit card business
→ Use Barclays Bank Delaware as the U.S. platform
→ Combine digital risk, servicing, and data capabilities
→ Complement its co-brand credit card business
Barclays CEO C.S. Venkatakrishnan called the U.S. consumer market “deep and sophisticated” and said it’s where the bank sees its biggest growth runway.
October 29, 2025 at 7:30 PM
Barclays CEO C.S. Venkatakrishnan called the U.S. consumer market “deep and sophisticated” and said it’s where the bank sees its biggest growth runway.
Some deal details:
→ $800M consideration (high single-digit P/E multiple)
→ $7B+ originations expected this year
→ Accretive to RoTE & EPS in 2027
→ Closes Q2 2026 (after the AA co-brand receivables sale)
→ $800M consideration (high single-digit P/E multiple)
→ $7B+ originations expected this year
→ Accretive to RoTE & EPS in 2027
→ Closes Q2 2026 (after the AA co-brand receivables sale)
October 29, 2025 at 7:30 PM
Some deal details:
→ $800M consideration (high single-digit P/E multiple)
→ $7B+ originations expected this year
→ Accretive to RoTE & EPS in 2027
→ Closes Q2 2026 (after the AA co-brand receivables sale)
→ $800M consideration (high single-digit P/E multiple)
→ $7B+ originations expected this year
→ Accretive to RoTE & EPS in 2027
→ Closes Q2 2026 (after the AA co-brand receivables sale)
For Barclays, this isn’t just about growth.
It’s about shifting from interest income to platform income – scaling like a fintech, not a legacy lender.
It’s about shifting from interest income to platform income – scaling like a fintech, not a legacy lender.
October 29, 2025 at 7:30 PM
For Barclays, this isn’t just about growth.
It’s about shifting from interest income to platform income – scaling like a fintech, not a legacy lender.
It’s about shifting from interest income to platform income – scaling like a fintech, not a legacy lender.
Best Egg’s model is capital-light:
→ Earn fees from loan origination + servicing
→ Funded via securitization + forward-flow deals
→ Services $11B in personal loans
→ Earn fees from loan origination + servicing
→ Funded via securitization + forward-flow deals
→ Services $11B in personal loans
October 29, 2025 at 7:30 PM
Best Egg’s model is capital-light:
→ Earn fees from loan origination + servicing
→ Funded via securitization + forward-flow deals
→ Services $11B in personal loans
→ Earn fees from loan origination + servicing
→ Funded via securitization + forward-flow deals
→ Services $11B in personal loans
The deal adds 2M customers and expands Barclays’ footprint in the world’s most competitive lending market.
October 29, 2025 at 7:30 PM
The deal adds 2M customers and expands Barclays’ footprint in the world’s most competitive lending market.