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

Zopa CEO Doubts UK FinTechs Will Go Public This Year
Zopa CEO Doubts UK FinTechs Will Go Public This Year
April 15, 2024  |  IPO

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...

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Partnerships Dominate FinTech IPO Index News Ahead of Earnings
Partnerships Dominate FinTech IPO Index News Ahead of Earnings
April 12, 2024  |  Fintech Investments

On Friday (April 12), big banks will weigh in with their latest quarterly results, kicking off earnings season in an official manner. JPMorgan, Wells Fargo and Citi will give...

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Rappi Getting Ready for IPO ‘When It Makes Sense’
Rappi Getting Ready for IPO ‘When It Makes Sense’
April 11, 2024  |  IPO

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...

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‘Handful’ of AI Firms Weighing Stock Market Listings
‘Handful’ of AI Firms Weighing Stock Market Listings
April 10, 2024  |  artificial intelligence

A New York Stock Exchange executive says multiple artificial intelligence (AI) startups are exploring going public.  “I’d say that the majority of the companies that...

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Ibotta Seeks $472 Million in IPO as Consumers Seek Personalized Rewards
Ibotta Seeks $472 Million in IPO as Consumers Seek Personalized Rewards
April 08, 2024  |  IPO

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...

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Rideshare Firm BlaBlaCar Raises $108 Million as IPO Plan Stalls
Rideshare Firm BlaBlaCar Raises $108 Million as IPO Plan Stalls
April 03, 2024  |  Startups

BlaBlaCar has raised $108 million in credit as it awaits a better IPO market. CEO Nicolas Brusson told Bloomberg News — in an interview published...

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Cybersecurity Firm Rubrik Files for IPO
Cybersecurity Firm Rubrik Files for IPO
April 01, 2024  |  IPO

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...

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FinTech IPO Index Up Slightly as nCino’s Gains Offset Huize’s Slide
FinTech IPO Index Up Slightly as nCino’s Gains Offset Huize’s Slide
March 29, 2024  |  Fintech Investments

Earning season’s set to begin in just a few weeks — but we’re still not quite done with, well, earnings season. The FinTech IPO Index...

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Ibotta Files for IPO, Plans to List on NYSE
Ibotta Files for IPO, Plans to List on NYSE
March 22, 2024  |  IPO

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...

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