Tagged: initial public offering

May 2, 2021 @ 1:09 pm By Omar Faridi  |  

Fintech Unicorn Marqeta is reportedly planning to conduct an initial public offering (IPO) later this year, according to a report from BI. Oakland-based payments processor Marqeta is valued at around $4.3 billion. The company provides debit cards to firms such as DoorDash and Instacart. Marqeta… Read More

April 18, 2021 @ 12:43 pm By Omar Faridi  |  

Digital lending software provider Blend Labs, Inc. revealed on April 15, 2021, that it has confidentially submitted a draft registration statement on Form S-1 with the US Securities and Exchange Commission (SEC) relating to the proposed initial public offering (IPO) of its common stock. As… Read More

April 14, 2021 @ 10:21 pm By JD Alois  |  

Coinbase, perhaps the most anticipated public listing of 2021, commenced trading on the Nasdaq today following a direct listing that started with a reference per-share value of $250 and quickly went higher from there. Listed under the ticker symbol COIN, Coinbase traded as high as… Read More

April 12, 2021 @ 12:17 pm By JD Alois  |  

Earlier this month, Coinbase announced that its filing with the Securities and Exchange Commission (SEC) to list its shares on the Nasdaq, under ticker symbol COIN, had been approved. The public listing of Coinbase will thus represent a seminal event in the digital asset industry…. Read More

April 6, 2021 @ 4:59 pm By JD Alois  |  

In advance of its much-anticipated initial public offering (IPO), Coinbase has posted its Q1 results for 2021. For the quarter ending March 31st, 2021, Coinbase reports top-line revenue of $1.8 billion and 56 million verified users. Coinbase is the largest digital asset exchange in the… Read More

April 1, 2021 @ 8:14 am By Omar Faridi  |  

UK’s PensionBee, an online pension provider, has submitted a confirmation statement with the London Stock Exchange (LSE), which states that the firm’s listing is expected to take place next month. The filing indicates that PensionBee plans to secure £55 million in capital as part of… Read More

March 23, 2021 @ 6:43 pm By JD Alois  |  

Robinhood, a digital investment platform, has filed a draft registration statement with the Securities and Exchange Commission (SEC). The S-1 has been filed confidentially and will only become visible once the document has been approved by the SEC. Earlier this month, it was reported that… Read More

March 23, 2021 @ 1:11 am By Omar Faridi  |  

Indian digital payments giant Paytm recently confirmed that its pleased to share that Paytm Payments Bank Ltd (PPBL) has been given approval for its @Paytm UPI handle from the Securities and Exchange Board of India (SEBI) to “enable fast and seamless payment mandates for IPO… Read More

March 16, 2021 @ 11:05 pm By Omar Faridi  |  

Southeast Asian ride-hailing and food delivery giant Grab Holdings is reportedly holding discussions regarding its plans to go public via a potential merger with a US-based special purpose acquisition company or SPAC. Grab Holdings may be valued at around $53 to $54 billion if these… Read More

March 8, 2021 @ 10:55 pm By Omar Faridi  |  

Chinese authorities have increased their scrutiny of the nation’s Fintech sector. China’s regulators have now cracked down on JD Technology’s (potentially) $3 billion initial public offering. JD Technology, the Fintech division of Chinese digital commerce giant JD.com Inc., is reportedly looking into withdrawing its application… Read More

February 27, 2021 @ 8:08 am By Omar Faridi  |  

Robinhood Markets Inc., the digital investment and trading platform that’s largely behind or at least part of the trading frenzy in GameStop Corp.’s company shares, is reportedly planning to file confidentially for an IPO at some point next month or later, according to Bloomberg which… Read More

February 25, 2021 @ 9:07 am By JD Alois  |  

As anticipated, Coinbase has publicly filed an S-1 outlining its plans to complete an initial public offering (IPO) on the NASDAQ. Accrording to the filing, Coinbase intends to raise up to $1 billion and  trade under the ticker symbol of “COIN.” The filing shares that… Read More

February 15, 2021 @ 3:47 pm By JD Alois  |  

MoneyLion, a digital banking Fintech, is the next company to go public via a special acquisition company (SPAC). The deal was announced last Friday where MoneyLion will merge with Fusion Acquisition (NYSE:FUSE) at a transaction value of $2.4  billion and $2.9 billion in equity value… Read More

February 4, 2021 @ 9:47 am By Omar Faridi  |  

Nearly 300 SPACs are currently seeking deals with $90 billion in available cash. Fintech firm Payoneer is also planning to go public through a SPAC that will reportedly be led by Bancorp founder Betsy Cohen. Payoneer’s management noted that they intend to merge with a… Read More

January 23, 2021 @ 5:26 pm By Omar Faridi  |  

Sweden-based payments company Trustly is reportedly planning to conduct an initial public offering (IPO) during the second quarter of this year. The IPO might value the firm at around €9 billion. Trustly’s owner, Nordic Capital, is currently working cooperatively with Goldman Sachs, JP Morgan and… Read More

January 23, 2021 @ 9:16 am By Omar Faridi  |  

Dhana Kaneshayogan notes that in January 2020, he had joined the Governance, Infrastructure and Networks team (GIN) at UK-based Fintech firm TransferWise. Kaneshayogan confirmed that the team offered other platform teams the interfaces and tooling to develop compute resources by using “best practices and standardized… Read More

January 21, 2021 @ 10:56 pm By Omar Faridi  |  

Mumbai-based 5paisa, a one-stop shop for quality research and low-cost and “cutting-edge” trading platforms, notes that last year, there were relatively few IPO listings, but there was still a lot of participation on Dalal Street (which is the address of the Bombay Stock Exchange and… Read More

January 18, 2021 @ 11:31 am By JD Alois  |  

Southeast Asian Fintech Grab may pursue an initial public offering (IPO) during 2021, according to a report. Fintech is expected to be a hot sector for initial public offers this year with two already being completed. Last week, Affirm (NASDAQ:AFRM) blew the doors off its IPO…. Read More

December 28, 2020 @ 9:35 am By JD Alois  |  

Digital trading platform eToro may be queuing for an initial public offering (IPO) on Nasdaq according to a recent report. The Fintech is said to be chatting with Goldman Sachs to manage the IPO. Depending on where you are sitting, eToro enables trading in both… Read More

December 17, 2020 @ 3:25 pm By JD Alois  |  

Coinbase, the leading cryptocurrency exchange in the US, has filed an S-1 registration statement with the Securities and Exchange Commission (SEC) indicating its intent to pursue an initial public offering (IPO). The news was posted on the Coinbase website stating the filing, which would include… Read More