It once seemed like FinTechs going public had limitless funding if investors saw potential. That mindset may be becoming a thing of the past. If only FinTechs could turn back the clock a few years, when worldwide venture capital (VC) investments were through the roof,...
The FinTech IPO Index was down 4.4% heading into the last few trading days of February. And as detailed earlier in the week, even though the group is still up year to date — roughly 20% — bit by bit, the volatility has been eating...
The market for initial public offerings (IPOs) may be picking up. Reuters reported Friday (Feb. 17) that the week of Feb. 6 to Feb. 10 saw the completion of five IPOs that raised a total of $1.17 billion — a figure that was up from the previous...
The lenders and platforms led the FinTech IPO Index down in a week, which logged an 8% loss. But for the group, overall, things are still in positive territory year to date, with a 24.6% surge. Affirm’s 17% loss Thursday, spearheading the spate of decliners,...
Three restaurant groups are reportedly considering initial public offerings (IPOs). Cava Group said in a Monday (Feb. 6) press release that it has confidentially submitted a draft registration statement relating to a proposed IPO to the Securities and Exchange Commission (SEC). Two other restaurant groups — Fogo Hospitality and Panera Brands —...
The public may soon be able to buy shares in payments processor Stripe. The Wall Street Journal (WSJ) reported Thursday (Jan. 26) that Stripe is considering either going public or allowing employees to sell their shares within the next 12 months. Stripe is more likely...
Cryptocurrency firms are facing new levels of government scrutiny as they try to go public. At least three companies — Bullish Global, Circle Internet Financial, and eToro Group — have failed to win approval from the Securities and Exchange Commission (SEC) in their bids to list on...
In a rally that sent all names higher, FinTech IPO Index soared 13.5% through the week. That’s a milestone — the first time it’s happened since we’ve been tracking these more than three dozen names that have gone public since just before the pandemic. The...
With a 2% gain, things are already looking up for the FinTech IPO Index. That statement shows just how low the bar has been set for the group, which, as spotlighted here, got cut in half — and then some — last year. We’re being...
