IPOs

An initial public offering (IPO) refers to the process of offering shares of a private corporation to the public in a new stock issuance. Public share issuance allows a company to raise capital from public investors.

Source: investopedia.com

Opendoor’s Plunge Leads 9% Drop in FinTech IPO Index
Opendoor’s Plunge Leads 9% Drop in FinTech IPO Index
September 22, 2022  |  IPO

A banner week — but just not in the direction investors would have hoped. Macro-economic concerns dominated market mindsets these past several sessions, and worries...

READ MORE >
Slumping D2C Mattress Firm Purple Receives Bid to Go Private
Slumping D2C Mattress Firm Purple Receives Bid to Go Private
September 19, 2022  |  Retail

Struggling mattress maker Purple Innovation could soon be going private. The Utah-based company received an unsolicited, non-binding proposal from Coliseum Capital Management — its largest...

READ MORE >
Report: Instacart IPO Would Shun Weak Markets to Reward, Retain Employees
Report: Instacart IPO Would Shun Weak Markets to Reward, Retain Employees
September 19, 2022  |  Retail

Instacart will reportedly forgo raising fresh capital in its expected initial public offering (IPO) and instead back a plan that would see most of its...

READ MORE >
US 8-Month Tech IPO Drought Is Longest in This Century
US 8-Month Tech IPO Drought Is Longest in This Century
September 18, 2022  |  IPO

The declines in the U.S. stock market that started early this year have scared off investors in technology startups and led to the longest stretch...

READ MORE >
FinTech IPO Index Extends Post-Earnings Slump
FinTech IPO Index Extends Post-Earnings Slump
September 08, 2022  |  IPO

A shortened trading week, a muted performance and, in fact, barely much of a performance at all. To that end, the FinTech IPO Index barely...

READ MORE >
ByteDance CFO: No Plans to Take Company Public
ByteDance CFO: No Plans to Take Company Public
September 02, 2022  |  Social Commerce

ByteDance, the Chinese unicorn that owns the popular social media platform TikTok, has no plans to go public, the company’s chief financial officer said this...

READ MORE >
FinTech IPO Index Slides Despite Futu’s 20% Surge
FinTech IPO Index Slides Despite Futu’s 20% Surge
September 01, 2022  |  IPO

For the FinTech IPO Index, it feels like the long weekend cannot come fast enough. The downturn continues, even as earnings are largely in the...

READ MORE >
Flutterwave Moving Ahead With IPO Despite Woes in Kenya 
Flutterwave Moving Ahead With IPO Despite Woes in Kenya 
August 30, 2022  |  IPO

African FinTech Flutterwave is moving ahead with preparations for an initial public offering (IPO) on the Nasdaq despite claims of financial impropriety by the Central...

READ MORE >
Bill.com’s 13% Rally Fails to Stop FinTech IPO Index’s Continued Slide
Bill.com’s 13% Rally Fails to Stop FinTech IPO Index’s Continued Slide
August 25, 2022  |  IPO

The FinTech IPO Index slipped 6.3% through the week, which cuts its monthly gain from double-digit percentage points to a current 5.6%. The year-to-date performance...

READ MORE >