IPO

IPO
Report: Pine Labs Considering IPO in India, Seeking $6 Billion Valuation
June 21, 2024

Asian digital payments provider Pine Labs is reportedly considering a $1 billion initial public offering (IPO) in India, seeking a valuation of $6 billion. The company may issue both new and secondary shares, and it could do a pre-IPO fundraising round, Bloomberg reported Friday (June 21), citing...

IPO
Acorns Will ‘Likely’ Go Public, CEO Noah Kerner Says
June 20, 2024

Investing and checking accounts app Acorns reportedly expects to launch an initial public offering (IPO), possibly sometime in the next couple of years. “That is likely something we will do in the future,” Acorns CEO Noah Kerner told Bloomberg Television on Thursday (June 20), adding...

IPO
TymeBank Raising $150 Million as It Prepares for IPO
June 12, 2024

The CEO of South Africa’s TymeBank says the company is raising $150 million. “We are currently valued at close to $1 billion and busy with our series D capital raise at unicorn valuation,” Coenraad Jonker told Bloomberg News on Wednesday (June 12), noting that the...

IPO
Transport Companies Plot Paths to Initial Public Offerings
June 04, 2024

Transportation and logistics firms are reportedly working to overcome a roadblock to initial public offerings (IPOs). These companies are considering IPOs after a stretch of cooling freight demand and a dearth of funding, The Wall Street Journal (WSJ) reported Tuesday (June 4). “This year we’ve...

IPO
Shein Reportedly Set to File for UK IPO
June 03, 2024

Shein reportedly plans to file to list on the London Stock Exchange confidentially. The filing from the online fast fashion giant could come in the next few days, the Financial Times (FT) reported late Sunday (June 2), citing sources familiar with the matter. As the report notes, Shein...

IPO
Healthcare Payments Software Provider Waystar Eyes $1B IPO
May 28, 2024

Healthcare payments software provider Waystar launched its initial public offering (IPO). The company applied to list its shares on Nasdaq under the symbol “WAY” and said the estimated IPO price is between $20 and $23 per share, Waystar said in a Tuesday (May 28) press...

IPO
Report: Waystar Plans to Launch IPO in Early June
May 14, 2024

Waystar is reportedly planning to launch its initial public offering (IPO) in early June, seeking a valuation of $5 billion or $6 billion. The healthcare payments company will begin its roadshow pitch to investors later in May, the Wall Street Journal (WSJ) reported Tuesday (May 14), citing unnamed sources. Waystar...

IPO
Report: ShipBob Planning to Launch IPO With $4 Billion Valuation
April 19, 2024

ShipBob is reportedly planning to launch its initial public offering (IPO) as soon as late 2024. The listing could value the eCommerce fulfillment service provider at about $4 billion, Bloomberg reported Friday (April 19), citing unnamed sources. The firm has tapped J.P. Morgan Chase to...

IPO
FinTech IPO Index Gives Up 6.4% as Platforms Plummet Ahead of Earnings 
April 19, 2024

If there was a theme marking the past five days of trading, after the big banks reported earnings, and as the digital lenders that populate the FinTech IPO Index showed, this was the week the platforms plummeted. Hippo Insurance slipped 14.8%, and Opendoor gave up 12.4%. OppFi...