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

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...

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Instacart Orders, Revenues Climb as Company Prepares IPO
Instacart Orders, Revenues Climb as Company Prepares IPO
August 22, 2022  |  eCommerce

Instacart has seen an increase in revenues and orders in the second quarter, with shoppers continuing to embrace online grocery delivery as the company prepares...

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Furniture, Large Home Goods B2B Platform GigaCloud Closes $41M IPO
Furniture, Large Home Goods B2B Platform GigaCloud Closes $41M IPO
August 22, 2022  |  IPO

Large-parcel B2B eCommerce platform GigaCloud Technology has closed a $41 million initial public offering (IPO) as well as a full over-allotment option of about 3.4...

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Covalto to Become 1st Mexican FinTech on US Stock Market
Covalto to Become 1st Mexican FinTech on US Stock Market
August 18, 2022  |  SPAC

Mexican digital banking platform Covalto is planning to go public via a special purpose acquisition company (SPAC) merger, a move that would make it the...

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Payoneer, Nubank, NerdWallet Gains Soften Slump of FinTech IPO Index
Payoneer, Nubank, NerdWallet Gains Soften Slump of FinTech IPO Index
August 18, 2022  |  IPO

The earnings caravan rumbles on. And the results, as seen over the past week — at least for the digital first and digital only upstarts...

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Galaxy Digital Cancels $1.2B BitGo Acquisition
Galaxy Digital Cancels $1.2B BitGo Acquisition
August 15, 2022  |  Acquisitions

Investment firm Galaxy Digital has ended its $1.2 billion acquisition agreement with digital assets platform BitGo. Galaxy terminated the deal after BitGo missed a July...

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State-Owned China Tourism Group Duty Free Plans IPO
State-Owned China Tourism Group Duty Free Plans IPO
August 12, 2022  |  IPO

China Tourism Group Duty Free, which runs China’s biggest duty-free retail network, is planning an initial public offering (IPO) in Hong Kong that could raise...

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FinTech IPO Index Posts 3.8% Weekly Gain as Lemonade Pops and Inflation Cools
FinTech IPO Index Posts 3.8% Weekly Gain as Lemonade Pops and Inflation Cools
August 11, 2022  |  IPO

The FinTech IPO Tracker is up 16.9% for August — and we’re not even halfway through the month. Earnings continued to drive stock performance, and...

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Business Travel Firm TripActions Reportedly Weighing IPO
Business Travel Firm TripActions Reportedly Weighing IPO
August 04, 2022  |  Travel Payments

Business travel management startup TripActions is working with advisors to possibly file confidentially for an initial public offering (IPO). While there’s no timeline, the startup...

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