FirstCry, a baby products-focused eCommerce company headquartered in India, is preparing to file an initial public offering (IPO), Bloomberg reported Wednesday (April 13). Sources told the news outlet that the retailer could raise $700 million as it seeks a valuation of $6 billion. The IPO...
Wellness technology platform Mindbody is eyeing a return to the public markets as people start heading to gyms and boutique fitness studios, Financial Times (FT) reported on Monday (April 11). Founded in 2001, Mindbody initially went public on Nasdaq in June 2015 under the ticker...
Enterprise blockchain firm Applied Blockchain is preparing for a $60 million initial public offering (IPO) on the Nasdaq market, the company said in a Securities and Exchange Commission (SEC) filing Friday (April 8). Applied Blockchain, which builds data centers for bitcoin mining, plans to offer...
BankBazaar.com, a FinTech co-branded credit card issuer and online platform for free credit score, will go for an IPO in 2023, a report in the Times of India said Thursday (April 7). The company plans to recruit over 1,500 new employees for its expansions of...
No letup here … Fresh into a new quarter, the FinTech IPO Index continued its decline, having slipped 5% on the week, outpacing the roughly 2% drop seen in the broader markets, and worse than the nearly 3% drop in the Nasdaq. As of this...
Right into the end of the quarter, and year to date, it’s been rough sledding for the FinTech IPO Tracker. The headline numbers show that a 64 basis point gain for the week and a 1.1% gain for the month were not enough to reverse...
The GoTo Group, which calls itself the largest digital ecosystem in Indonesia, has been given the green light to go public, the Jakarta-based company announced Thursday (March 31). The Financial Services Authority of Indonesia, the government agency which regulates the financial services sector, approved GoTo’s $1.1 billion...
Cerc, the Brazilian exchange receivables firm, is raising $100 million as the FinTech prepares an initial public offering (IPO), Reuters reported Tuesday (March 29). “We are negotiating funding with up to five fund investors to invest in new businesses,” Cerc’s Founder and Chairman Marcelo Maziero...
Earnings season is largely in the rearview mirror — but not entirely done. And as a result, this past week saw the FinTech IPO Tracker turn in a relatively flat performance. As did the broader indices. As measured through the past week, for example, the...
