IPO

IPO
Kenyan Lender Credit Bank to Raise $6.89 Million Through IPO
August 28, 2023

Kenyan lender Credit Bank reportedly plans to raise 1 billion shillings (about $6.89 million) through an initial public offering (IPO) on the Nairobi Securities Exchange (NSE). The move would mark the first IPO on the NSE since 2014 when the exchange listed itself, Bloomberg reported Monday (Aug. 28). However, the timing...

IPO
Klaviyo Plans to Take Marketing Automation Platform Public 
August 27, 2023

Marketing automation firm Klaviyo says it plans to go public. The company filed paperwork Friday (Aug. 25) with the Securities and Exchange Commission (SEC) announcing its intent to list on the New York Stock Exchange. Founded in 2012, Klaviyo began as a platform for eCommerce companies, although it says it has...

IPO
Instacart Files for IPO, Says Online Penetration in Grocery Could Double
August 25, 2023

Grocery delivery firm Instacart has filed a registration statement for a proposed initial public offering (IPO). Maplebear, the company that does business as Instacart, filed the Form S-1 with the Securities and Exchange Commission (SEC) and intends to list its common stock on the Nasdaq Global Select Market under...

IPO
Waystar Plans to Take Healthcare Payments Company Public
August 24, 2023

Healthcare payments firm Waystar Technologies is ready to become a public company. Waystar announced Thursday (Aug. 24) that parent company Waystar Holdings had confidentially submitted a draft registration statement with the U.S. Securities and Exchange Commission (SEC) for proposed initial public offering (IPO). “The number of shares to be...

IPO
VNG Files to Become First Vietnamese Tech Firm Listed in US
August 24, 2023

Vietnamese internet startup VNG plans to go public in the United States. The company made its intentions known in a Wednesday (Aug. 23) filing with the Securities and Exchange Commission (SEC). VNG’s filing for an initial public offering (IPO) represents the first tech company from Vietnam to seek a listing in New York,...

IPO
Report: African FinTech Flutterwave Planning an IPO
August 22, 2023

 Nigerian payments company Flutterwave is reportedly planning to go public. In an interview with Bloomberg News published Tuesday (Aug. 22), the company’s chief executive said it is moving forward with a planned initial public offering (IPO). Olugbenga Agboola, also one of the co-founders of Flutterwave, told Bloomberg the company...

IPO
Will Instacart IPO Open the Door for Other eCommerce Platforms to Mull the Market?
August 18, 2023

Where Instacart goes, the question follows: will other eCommerce platforms follow? At this writing, the online grocer is mulling a traditional initial public offering, and the details are slated to become more concrete as soon as next week. If the plans do come to fruition, it...

IPO
Report: Instacart to Make IPO Plans Public in Coming Week
August 18, 2023

Online grocery marketplace Instacart is reportedly gearing up for an initial public offering (IPO) as early as September. The firm is anticipated to make its IPO plans public by filing with the US Securities and Exchange Commission (SEC) in the coming week, Bloomberg reported Friday (Aug. 18), citing unnamed...

IPO
Report: Amazon and Google Could Invest in Chipmaker Arm’s IPO
August 09, 2023

Amazon is reportedly in discussions to invest in chipmaker Arm’s initial public offering (IPO). Arm owner SoftBank is also talking to Google and companies from other industries heavily dependent on semiconductors in anticipation of a Nasdaq listing for Arm, the Financial Times (FT) reported Wednesday (Aug. 9). Amazon Web Services (AWS) is one of...