Klarna has filed its long-awaited plans to go public in the U.S. The Swedish buy now, pay later (BNPL) company on Wednesday (Nov. 13) announced it had “confidentially submitted” a draft registration statement for an initial public offering (IPO) to the Securities and Exchange Commission...
While this year hasn’t seen an initial public offering (IPO) rebound, the CEO of Nasdaq reportedly isn’t surprised. That’s according to a report Sunday (Oct. 27) by TechCrunch, citing Adena Friedman’s comments at a recent Axios event. She said that while the public markets have...
JPMorgan Chase CEO Jamie Dimon said Tuesday (Oct. 8) that regulators in the U.S. and the U.K. have made it difficult for companies to go public. Speaking in a Bloomberg Television interview from London, Dimon said rising expenses from litigation and regulatory filings have contributed to...
Brazilian digital bank PicPay is reportedly planning to go public in the U.S. next year. The company is set to hire financial firms to help it with an initial primary offering in New York, Reuters reported Wednesday (Oct. 2), citing two sources familiar with the matter. The report...
September 15, 2023
The FinTech IPO Index traded slightly lower, off 0.7%, as platforms led the group to the downside. But even with the dip, the Index itself is up slightly more than 35% year to date. OppFi shares sank 10%. Reuters reported coming into the month that Los Angeles Superior Court Judge Timothy Dillon “is expected to rule any […]
July 21, 2023
Toast shares got scorched in a week that saw the FinTech IPO Index give up 0.3%. And earnings season has yet to begin in earnest — at least for the...
June 23, 2023
Even some skyrocketing performers — up double digits — were not enough to boost the FinTech IPO Index. The pantheon lost 2.7%, despite rumors of deal-making, despite economic data that...
April 27, 2023
The FinTech IPO Index slid 5.45%, even as earnings season has yet to fully hit home in the sector. MoneyLion shares sank 29.7% through the past five sessions. The company said...
November 15, 2024
Klarna is reportedly looking to list its recently announced initial public offering (IPO) in New York in the first half of 2025. The Swedish buy now, pay later (BNPL) provider is asking banks to submit pitches for junior roles in the share sale, Bloomberg reported Friday (Nov. 15), citing unnamed sources. Klarna has already selected Goldman Sachs, J.P. Morgan […]
November 13, 2024
Klarna has filed its long-awaited plans to go public in the U.S. The Swedish buy now, pay later (BNPL) company on Wednesday (Nov. 13) announced it had “confidentially submitted” a...
October 27, 2024
While this year hasn’t seen an initial public offering (IPO) rebound, the CEO of Nasdaq reportedly isn’t surprised. That’s according to a report Sunday (Oct. 27) by TechCrunch, citing Adena...
October 08, 2024
JPMorgan Chase CEO Jamie Dimon said Tuesday (Oct. 8) that regulators in the U.S. and the U.K. have made it difficult for companies to go public. Speaking in a Bloomberg Television...