Tagged: ipo

July 28, 2021 @ 9:33 pm By JD Alois  |  

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

July 26, 2021 @ 6:26 pm By Omar Faridi  |  

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

July 19, 2021 @ 2:46 pm By JD Alois  |  

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

July 19, 2021 @ 9:38 am By JD Alois  |  

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

July 14, 2021 @ 8:58 am By JD Alois  |  

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

July 13, 2021 @ 10:16 pm By Priyanka Pani  |  

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

July 12, 2021 @ 3:06 pm By Omar Faridi  |  

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

July 5, 2021 @ 12:19 pm By Omar Faridi  |  

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

July 1, 2021 @ 2:11 pm By JD Alois  |  

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

June 29, 2021 @ 2:01 pm By Tony Zerucha  |  

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

June 21, 2021 @ 5:22 pm By JD Alois  |  

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

June 18, 2021 @ 2:22 pm By Omar Faridi  |  

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

June 14, 2021 @ 10:00 pm By Priyanka Pani  |  

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

June 9, 2021 @ 7:30 pm By Tony Zerucha  |  

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

June 9, 2021 @ 9:13 am By JD Alois  |  

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

June 7, 2021 @ 7:06 pm By Priyanka Pani  |  

Alibaba-backed One97 Communications, which owns mobile payments firm Paytm, has received a green nod from its board to go public. In a letter to all its stakeholders and employees having stock options, the company said it had received in-principle approval from its board to issue… Read More

June 7, 2021 @ 11:05 am By JD Alois  |  

Marqeta, a modern card issuer, is expected to trade on the Nasdaq this week under the ticker symbol MQ. The most recent S-1 filed with the Securities and Exchange Commission (SEC) indicates that Marqeta is seeking to raise $1.25 billion at a per-share price of… Read More

June 7, 2021 @ 1:24 am By Priyanka Pani  |  

Swedish Fintech startup Klarna Bank AB is apparently considering a share listing in the U.S. market. According to a Bloomberg report, Klarna is likely to choose the U.S. market even as the U.K. authorities continue to scrutinize the buy-now-pay-later startups in the region.  In the… Read More

June 4, 2021 @ 4:19 pm By JD Alois  |  

DLocal Limited (NASDAQ:DLO), a payments Fintech based in Uruguay, successfully listed its shares on the Nasdaq raising over $617 million at $21/share. Shares have traded as high as over $35/share and look to close the week having jumped over 50% following its float. The company… Read More

June 1, 2021 @ 11:13 am By JD Alois  |  

Leading Fintech SoFi (NASDAQ:SOFI) has successfully listed on the Nasdaq as part of a SPAC deal with Chamath Palihapitiya’s Social Capital Hedosophia Holdings Corp. V. SoFi was valued at $8.65 billion post-money and the deal is expected to provide up to $2.4 billion in cash… Read More