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

GCash Seeks IPO When Market Conditions Improve
GCash Seeks IPO When Market Conditions Improve
August 07, 2024  |  Mobile Wallets

Philippines-based mobile payments provider GCash wants to go public, when the time is right. “We recognize that the new round of investments further strengthens Mynt’s ability and position coming...

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Report: Klarna Gauging Investor Interest in Secondary Share Sale
Report: Klarna Gauging Investor Interest in Secondary Share Sale
August 06, 2024  |  IPO

Klarna is reportedly gauging investors’ interest in buying up the company’s existing shares on the secondary market. The Sweden-based FinTech is doing so as it...

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Chinese Autonomous Driving Firm WeRide Plans US IPO
Chinese Autonomous Driving Firm WeRide Plans US IPO
July 28, 2024  |  IPO

WeRide, a Chinese autonomous driving startup, is planning to go public in the U.S. The company filed for an initial public offering (IPO) with the...

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Report: Revolut Could Hit $45 Billion Valuation After Share Sale
Report: Revolut Could Hit $45 Billion Valuation After Share Sale
July 23, 2024  |  Business

Revolut is reportedly preparing a share sale that would value it at $45 billion. The British FinTech is close to a deal that would see...

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Wiz Reportedly Rejects $23 Billion Google Deal
Wiz Reportedly Rejects $23 Billion Google Deal
July 23, 2024  |  Acquisitions

Cloud security startup Wiz has reportedly rejected a $23 billion acquisition bid by Google. Instead, the company will go ahead with plans for an initial...

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Payments FinTech Ebury Reportedly Planning UK IPO
Payments FinTech Ebury Reportedly Planning UK IPO
July 21, 2024  |  IPO

Santander-owned payments FinTech Ebury is reportedly planning to go public in the U.K. The London-based company is working with investment bankers from Goldman Sachs on...

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FinTech IPO Index Up 3.8% as Lemonade Surges on UK Expansion
FinTech IPO Index Up 3.8% as Lemonade Surges on UK Expansion
July 19, 2024  |  Fintech Investments

Earnings season has yet to start making headlines and moving stocks in the FinTech IPO Index, but the overall group was up 3.8% through the...

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Klarna Reportedly Prepping for Possible 2025 US IPO
Klarna Reportedly Prepping for Possible 2025 US IPO
July 17, 2024  |  IPO

Klarna is reportedly weighing financial advisors for its U.S. initial public offering (IPO). Goldman Sachs, J.P. Morgan Chase and Morgan Stanley were the top contenders...

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Goldman Sachs Unit Invests in Plaid, Databricks Company Stakes
Goldman Sachs Unit Invests in Plaid, Databricks Company Stakes
July 15, 2024  |  Investments

Venture capital (VC) firm NEA has reportedly created a $540 million continuation vehicle that has drawn as investors Goldman Sachs Group’s alternatives unit, Industry Ventures,...

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