Ipo news and trends

Wiz Reportedly Rejects $23 Billion Google Deal

July 23, 2024
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Payments FinTech Ebury Reportedly Planning UK IPO
IPO // July 21, 2024

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 the planned $2.5 billion initial public offering (IPO), the Financial Times (FT) reported Sunday (July 21), citing sources familiar with...

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

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 week, and platforms were the prime movers. Lemonade shares surged more than 21%. In a Tuesday (July 16) announcement, Lemonade...

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

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 to advise the Swedish payments FinTech, the Financial Times (FT) reported Tuesday (July 16), citing sources familiar with the matter....

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

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, Pathway Capital Management and Goanna Capital. The transaction enables NEA to give its limited partners some liquidity at a time...

Interviews & Exclusives
FinTech IPO Index Up 3.8% as Lemonade Surges on UK Expansion

July 19, 2024
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 week, and platforms were the prime movers. Lemonade shares surged more than 21%. In a Tuesday (July 16) announcement, Lemonade said that it had launched buildings and contents insurance in […]

FinTech IPO Index Gives Up 6.4% as Platforms Plummet Ahead of Earnings 

April 19, 2024
If there was a theme marking the past five days of trading, after the big banks reported earnings, and as the digital lenders that populate the FinTech IPO Index showed,...

Partnerships Dominate FinTech IPO Index News Ahead of Earnings

April 12, 2024
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 insight into the trends tied...

FinTech IPO Index Up Slightly as nCino’s Gains Offset Huize’s Slide

March 29, 2024
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 was up 0.3% through the...

Quick Reads
Wiz Reportedly Rejects $23 Billion Google Deal

July 23, 2024
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 public offering (IPO), CNBC reported late Monday (July 22), citing an internal memo written by Wiz co-founder Assaf Rappaport “Saying no to such humbling offers is tough,” Rappaport wrote. A […]

Payments FinTech Ebury Reportedly Planning UK IPO

July 21, 2024
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 the planned $2.5 billion initial...

Klarna Reportedly Prepping for Possible 2025 US IPO

July 17, 2024
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 to advise the Swedish payments...

Goldman Sachs Unit Invests in Plaid, Databricks Company Stakes

July 15, 2024
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, Pathway Capital Management and Goanna...