Tagged: ipo

Indian Insurtech Policybazaar, a Digital Insurance Platform, Is Planning to Conduct IPO at $3.5 Billion Valuation

Policybazaar, a digital insurance platform, is reportedly planning to conduct an initial public offering (IPO) next year at a valuation of more than $3.5 billion. If it’s successful, then it might potentially become the first of India’s major startups to carry out such a large… Read More

Ant Group to IPO on Hong Kong Exchange, Shanghai Exchange, Poised to be Largest Fintech Ever to Go Public

Ant Group (formerly Ant Financial) plans to execute concurrent listing on Shanghai Stock Exchange’s STAR market and The Stock Exchange of Hong Kong, according to a company release. The news of a pending initial public offering (IPO) was previously reported as word of the listing… Read More

Boom: nCino IPOs on NASDAQ, Shares More than Double in Early Trading

  nCino (NASDAQ:NCNO), a Wilmington, North Carolina based Fintech that offers a cloud banking platform built on the Salesforce platform, launched its initial public offering (IPO) today and shares have rocketed on the NASDAQ since trading commenced. nCino listed at $31/share after the offer price… Read More

Blockchain Professional Questions Why Insurtech Lemonade is Valued at $4 Billion on $26 Million in Revenue

Meltem Demirors, the Chief Strategy Officer of CoinShares, an investment company that manages $750 million in assets, and serves as a partner to investors and entrepreneurs focused on the digital asset ecosystem, recently questioned why Insurtech Lemonade (NYSE:LMND) is valued at around $4 billion on… Read More

California based Fintech Unicorn Marqeta Might Conduct an IPO, After Raising $150 Million at a $4.3 Billion Valuation

US-based Marqeta Inc, a major payment card issuing Fintech firm whose investors include giant Wall Street investment bank Goldman Sachs, is reportedly planning to work with various investment banks in order to potentially launch an initial public offering (IPO). As reported by Reuters, which cited… Read More

Massive Fintech Ant Financial Planning Hong Kong IPO, Valuation Expected to Top $200 Billion

  Ant Financial, part of the mega-tech group Alibaba (NYSE:BABA), is planning an initial public offering (IPO) in Hong Kong that will value the firm at a massive $200+ billion valuation, according to a report. Earlier this year, the company changed its legal name in… Read More

JD Digits, the Fintech Division of Chinese Online Marketplace JD.com, to Conduct IPO at China’s STAR Market

JD Digits, the Fintech-focused division of Chinese online marketplace JD.com, is reportedly planning to conduct an initial public offering (IPO) at China’s STAR Market, which is based in Shanghai. This, according to a filing submitted by several securities companies. As first reported by TechNode, the… Read More

Insurtech Lemonade Prices IPO Higher than Expected, Shares Pop on First Day of Trading on NYSE

Lemonade (NYSE:LMND), a fast-growing Insurtech firm, completed its initial public offering (IPO) today on the New York Stock Exchange (NYSE). Earlier today it was reported that at the last minute Lemonade bumped up its planned offering price to $29 a share. Apparently, that was not… Read More

At the Last Minute, Lemonade Prices IPO Higher as Insurtech Scheduled to Trade on NYSE

Lemonade, a high profile Insurtech, is scheduled to trade on the NYSE today under the ticker symbol “LMND.” At the last minute, the company bumped up the per-share price to $29/share. Just yesterday, Lemonade indicated in an updated S-1 filing that shares would trade in… Read More

Lemonade Increases Target Price of IPO, Shares Scheduled to Trade on NYSE July 2nd

Lemonade, a fast-growing Insurtech firm, has upped its initial public offering (IPO) share price range according to an updated S-1 filing. Shares are expected to trade on the New York Stock Exchange (NYSE) on Thursday under the ticker symbol “LMND.” It was last reported that… Read More

Crypto Mining Firm Ebang Is Now Listed on Nasdaq Global Market, Only Second Mining Company Listed on a US Stock Exchange

Chinese firm Ebang, a leading developer of cryptocurrency mining hardware, confirmed on June 26, 2020, that it had been listed on the Nasdaq Global Market (under the EBON ticker). Notably, Ebang is only the second Bitcoin mining equipment manufacturer to go public on a US… Read More

Updated Lemonade IPO Filing Indicates Down Round for Insurtech

Today Lemonade, a top Insurtech, filed a Form S-1/A with the Securities and Exchange Commission (SEC). As was recently reported, Lemonade was planning to IPO on the New York Stock Exchange (NYSE) under ticker “LMND.” The updated filing included the expected price per share range… Read More

nCino Files S-1 in Preparation for Initial Public Offering on NASDAQ

nCino is preparing for an initial public offering (IPO) as the company has filed an S-1 with the Securities and Exchange Commission (SEC) indicating its intent to trade shares on an exchange. nCino is a Wilmington, North Carolina based Fintech that offers a cloud banking… Read More

After Crowdfunding on FrontFundr, the Very Good Food Company IPOs on Canadian Securities Exchange

The Very Good Food Company Inc. (CSE: VERY) has completed an initial public offering (IPO) on the Canadian Stock Exchange. Mitchell Scott, CEO of VGF, issued the following statement on the successful listing: “We were very pleased to see investors welcome our company to the… Read More

Robocash Initiates Pre-IPO Funding Round to Help Launch a Digital Bank in the Philippines, Also Preparing for $100 Million IPO in December 2020

The Robocash Group, a multinational financial group that offers consumer alternative lending and marketplace funding in European and Asian markets, has reportedly initiated a pre-IPO funding round to help finance the planned launch of its digital bank in the Philippines. Founded in 2013 in Russia… Read More

Insurtech Lemonade Files for Initial Public Offering on NYSE

Lemonade, one of the most prominent Insurtechs in the US, has filed an S-1 for an initial public offering (IPO) on the New York Stock Exchange (NYSE). Co-founded by CEO Daniel Schreiber and Shai Wininger, Lemonade seeks to disrupt the traditional insurance market with consumer-friendly… Read More

Digital Assets: INX Token Initial Public Offering Said to be Approved

In August of 2019, INX Limited filed a registration statement (Form F-1) for an initial public offering (IPO) offering 130,000,000 INX Tokens, and ERC20 compliant digital security.  In the preliminary prospectus, each INX Token is said to entitle its holder to an annual pro-rata distribution… Read More

Major Indian Payment Solution Provider SBI Cards Is Preparing to Conduct a $1.4 Billion IPO

An increasing number of Indian consumers are making digital payments at metros and also at stores in small towns. India-based SBI Cards, a major payment solution provider, is reportedly planning to raise approximately $1.4 billion via an initial public offering (IPO) which would be the… Read More

Report: Switzerland Approves First Articles of Incorporation on Blockchain as Overfuture Plans IPO

Switzerland has approved the first articles of incorporation hosted on blockchain, according to a note from advisory firm Andriotto Financial Services. Overfuture expects to have is class A shares hosted on blockchain as well as it moves forward with an initial public offering (IPO), or… Read More

Germany-based Fintech firm Heidelpay Is Seeking Acquisitions, Might Launch IPO

Germany-based Fintech firm Heidelpay is reportedly seeking acquisitions and might launch an in initial public offering (IPO), according to its CEO, Mirko Huellemann. He recently stated: “An IPO is of course always an option for fresh capital.” Huellemann’s comments regarding the firm’s business plans are… Read More

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