Cash-back rewards platform Ibotta has upped the size of its planned public listing. Last week, the Walmart-backed company said it aimed to raise $472 million through an initial public offering (IPO). On Tuesday (April 16), the company raised that figure to around $551 million in new paperwork filed with the...
British digital bank Zopa is profitable and getting closer to going public. But CEO Jaidev Janardana told the Financial Times (FT) Monday (April 15) that while the company was ready for an initial public offering (IPO), the London markets might feel differently. “I’d be surprised if there are U.K. FinTech...
Delivery service Rappi is getting ready for a future initial public offering (IPO). The company, which is one of Latin America’s most valuable startups, does not have a timeline for an IPO but aims to be ready for one “when it makes sense,” Rappi Chief Financial Officer Tiago...
Cash-back rewards platform Ibotta hopes to raise $472 million when it goes public. The company on Monday (April 8) filed paperwork with the Securities and Exchange Commission (SEC), saying it planned to offer 2.5 million shares, at $76 to $84 each. Last month, Ibotta filed a registration statement for its IPO...
Corporate wellness platform Gympass rebranded as Wellhub to reflect its expanding range of services. Previously focused on gym memberships, the platform now has partners in the fields of fitness, mindfulness, therapy, nutrition and sleep, the company said in a Thursday (April 4) press release. “By offering a single...
Cybersecurity firm Rubrik has filed for an initial public offering. In a Monday (April 1) filing with the Securities and Exchange Commission (SEC), the company did not disclose the size of the offering but said it plans to list on the New York Stock Exchange under the symbol “RBRK.” The Rubrik...
Ibotta has filed a registration statement for its proposed initial public offering (IPO) with the Securities and Exchange Commission (SEC). The number of shares and the price range for the proposed offering have not yet been determined, the provider of digital promotions and performance marketing...
Chime Financial reportedly plans to launch its initial public offering (IPO) in 2025. The FinTech company aims to do so in the United States but has not yet engaged banks for the IPO, Bloomberg reported Friday (March 22), citing unnamed sources. Chime did not immediately reply to PYMNTS’...
There were a few stunning surges this past week with the FinTech IPO Index, which added more than 5% through five sessions. And, as has been seen in the past few weeks, earnings were the key driver. Lufax Holding shares rallied about 73%. The company reported...
