PYMNTS-MonitorEdge-May-2024

ipo

Initial public offering or stock market launch is a type of public offering in which shares of a company are sold to institutional investors and usually also retail investors; an. IPO is underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges.

Source: nasdaq.com

Rappi Expects to Be Ready for IPO in 12 Months
Rappi Expects to Be Ready for IPO in 12 Months
September 16, 2024  |  IPO

Rappi reportedly expects to be in a position to launch an initial public offering (IPO) within the next 12 months. The Colombia-based startup, which offers...

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FinTech IPO Index Breaks Even Despite Volatile Trading Week
FinTech IPO Index Breaks Even Despite Volatile Trading Week
September 13, 2024  |  IPO

Economic data remained the key driving force behind stocks this past week, and the FinTech IPO Index was no exception. But despite volatile trading action...

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Citigroup Says Demand for High-Growth Stocks Could Benefit Tech Companies
Citigroup Says Demand for High-Growth Stocks Could Benefit Tech Companies
September 10, 2024  |  Investments

A top Citigroup banker reportedly said that a handful of tech companies are considering going public on U.S. exchanges before the end of the year and...

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Nium Reportedly Putting IPO Plans on Hold
Nium Reportedly Putting IPO Plans on Hold
September 09, 2024  |  IPO

Nium is reportedly the latest company holding off on plans to go public. Prajit Nanu, CEO of the Singapore-based payments firm, told Bloomberg News in...

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Investment Group Iconiq Seeks Value After 3-Year IPO Drought
Investment Group Iconiq Seeks Value After 3-Year IPO Drought
September 08, 2024  |  Investments

Investment group Iconiq is reportedly seeking ways to drive value amid a long IPO drought. That’s according to a report Sunday (Sept. 8) by the...

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Lending Platforms Results Mixed Ahead Of Rate Cuts; FinTech IPO Index Slips 3%
Lending Platforms Results Mixed Ahead Of Rate Cuts; FinTech IPO Index Slips 3%
September 06, 2024  |  IPO

The just-completed shortened trading week heralds the beginning of Fall, and September’s here. September stands out as the month that will herald the first rate...

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Report: Klarna Board in Conflict Over Golden Shares Ahead of IPO
Report: Klarna Board in Conflict Over Golden Shares Ahead of IPO
August 27, 2024  |  IPO

Swedish buy now, pay later (BNPL) provider Klarna is reportedly experiencing a boardroom conflict as it prepares for its initial public offering (IPO). The company’s...

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Report: Swiggy to Seek $15 Billion Valuation in IPO
Report: Swiggy to Seek $15 Billion Valuation in IPO
August 23, 2024  |  IPO

Indian food delivery company Swiggy is reportedly planning to launch one of the country’s biggest initial public offerings (IPOs) of the year. The company aims to raise...

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UK Treasury Wants Revolut to Go Public on London Exchange
UK Treasury Wants Revolut to Go Public on London Exchange
August 18, 2024  |  IPO

The British treasury wants London-based FinTech Revolut to go public in its home country. That’s according to a report Friday (Aug. 16) by the Financial...

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