Tagged: ipo

EquityBee Celebrates $55M Series B

EquityBee, an employee-focused stock options funding solution, today announced $55 million in Series B funding, led by existing investor Group 11, with participation from Battery Ventures, Latitude, Altair and ICON. Group 11 led EquityBee’s Seed and Series A rounds; the Series B increases EquityBee’s total… Read More

Retail Investing App Robinhood to Acquire Say for $140 Million

Retail investing and trading service app Robinhood (NASDAQ:HOOD) said it would acquire Say Technologies for $140 million in an all-cash deal. Founded in 2017 by Alex Lebow, Jeff Cruttenden, Julio Fredes,  Noah Kerner, and Zachary Hascoe, Say Technologies is a technology platform that empowers shareholders… Read More

Robinhood Gets Some Investor Love as Shares Jump in Price

Robinhood (NASDAQ:HOOD), recently listed on the Nasdaq, is getting some investor love as shares have jumped dramatically following a tepid initial public offering (IPO). Robinhood floated its shares on the Nasdaq at $38/share but soon sank below the IPO price. This week, it has been… Read More

Over 300,000 Account Holders Invested in Robinhood IPO: Report

Robinhood

Robinhood’s initial public offering (IPO) hit the Nasdaq last week with a bit of a thud. Shares were priced at $38 but have traded several dollars lower. As part of the public offering, Robinhood enabled a good chunk of its shares available to its customers…. Read More

Robinhood Stumbles in Nasdaq Debut: IPO Priced at $38, Shares Close Lower

In one of the most anticipated Fintech initial public offerings (IPOs) of the year, Robinhood debuted on the Nasdaq today under the ticker “HOOD” in an offering priced at $38 a share. The share price came in at the low-end of the anticipated range. During… Read More

Robinhood Prices Shares at $38, Shares Expected to Trade on July 29th

Robinhood has priced its initial public offering (IPO) of 55,000,000 shares of its Class A common stock at $38.00 per share. It was previously reported that Robinhood would float its shares at up to $42 each. Robinhood said a registration statement was declared effective by… Read More

Digital Lending Software Fintech Blend Is Now a Publicly Listed Firm on New York Stock Exchange

Digital lending software provider Blend (NYSE:BLND) has listed its shares on the NYSE after submitting its registration statement with the US Securities and Exchange Commission (SEC), earlier this year, in order to go public. The Fintech said will now focus on accelerating its ability to… Read More

As Robinhood Kicks Off its IPO Roadshow for Institutions, Company Announces Roadshow Slot for Retail Investors

Robinhood’s initial public offering (IPO) is nearing as it fine-tunes its registration statement for the Securities and Exchange Commission. As was reported earlier today, more details on the IPO were shared in an updated S-1 posted today. Robinhood is expected to float its shares on… Read More

Robinhood Files Updated S-1 in Advance of IPO, Seeks to Raise to Raise $2.5 Billion

Robinhood, a fast-growing digital trading platform for both traditional securities as well as crypto, has filed an updated S-1 with the Securities and Exchange Commission (SEC) in advance of its forthcoming initial public offering (IPO). According to the document, Robinhood aims to raise up to… Read More

LendInvest’s Shares Trade on London Stock Exchange AIM

One of the leading UK-based Fintechs LendInvest is now a publicly-traded firm. LendInvest’s shares commenced trading on the London Stock Exchange’s AIM market today in an initial public offering (IPO). Shares are trading under the ticker symbol “LINV”. As was previously reported, LendInvest will raise… Read More

Four Indian Fintechs to Raise up to $3 Billion via IPOs This Year

The Fintech sector in India is getting greener by the day. At least four large Indian fintechs are readying themselves for a big bang public listing this year as the Covid-triggered pandemic has accelerated the growth of these companies. Together, these startups could raise anything… Read More

Law Firm Cleary Gottlieb Steen and Hamilton Appointed by Fintech Stripe for Anticipated IPO

Ireland’s digital payments Fintech Stripe is reportedly getting ready to make a stock market debut after hiring a law firm to look into a potential listing. Stripe is currently valued at around $95 billion. The 11-year old Fintech has been founded by brothers John and… Read More

Fintech Unit of Kakao, a Major South Korean Tech Firm, Submits IPO Paperwork, Seeking $1.4B

Kakao Pay, a Fintech division of Kakao, which is the South Korean company that operates the KakaoTalk messenger app, reveals that it has submitted its initial public offering (IPO) filing. The company intends to secure as much 1.632 trillion Korean won (app. $1.4 billion) in… Read More

Robinhood Files S-1 for Expected Initial Public Offering

As has been long anticipated, Robinhood Markets, Inc. has publicly filed a Form S-1 with the Securities and Exchange Commission (SEC) in pursuit of an initial public offering (IPO). Robinhood expects to float its shares on the Nasdaq under the ticker symbol HOOD. Robinhood is… Read More

European IPO Activity Surging During Pandemic

European IPO activity has surged during the pandemic, data from BuyShares.co.uk shows.  In 2020 investors saw many IPOs along with outsized average returns, with total IPO deal value up 64 per cent to more than $300 billion, according to the Wall Street Journal and Dealogic…. Read More

Latam Fintech Nubank Said to be Planning an IPO in the US

Brazil-based digital bank Nubank is said to be in the early stages of pursuing an initial public offering (IPO) in the US. Earlier this month, it was reported that Nubank had acquired $750 million in capital as part of two extensions of its latest Series… Read More

Brazilian Fintech EBANX, a Cross-Border Commerce Platform, Secures $400M from Advent International, Another $30M in Commitments

Brazil-based EBANX, a cross-border commerce platform, recently acquired $400 million in capital from Advent International and another $30 million commitment. The company is now planning an initial public offering (IPO) in the US. Advent has reportedly made strategic investments in Vantiv, Worldpay, Nets, Nexi, Planet,… Read More

India’s Major Fintech Paytm Looking to Strengthen its PG Biz via Acquisition

Alibaba-backed Indian major Fintech major Paytm is reported to be in talks with a few domestic payment gateways for a possible acquisition as it firms up its strategy to go public this year. Paytm, owned by financial services firm One97, plans a $3 billion initial… Read More

VC Bill Gurley Explains Why Direct Listings Are Better Than IPOs

While people like free stuff, what they like better is easy money, and the traditional IPO process is essentially that for a privileged few, venture capitalist Bill Gurley said in a recent blog post. Gurley makes a compelling argument for direct listings over IPOs in… Read More

Marqeta Prices IPO Higher at $15 Billion Valuation, Trades Higher on Day One [u]

Marqeta has priced its share offering higher than originally anticipated. As has been widely reported, Marqeta will IPO at $27/share above the estimated $21 to $24 a share posted in the S-1 filing. The higher share price will place a valuation on the Fintech at… Read More

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