Tagged: initial public offering

Coinbase Trades Up on Nasdaq, Briefly Tops $100 Billion in Valuation

Coinbase, perhaps the most anticipated public listing of 2021, commenced trading on the Nasdaq today following a direct listing that started with a reference per-share value of $250 and quickly went higher from there. Listed under the ticker symbol COIN, Coinbase traded as high as… Read More

Coinbase Expected to Trade on the Nasdaq on April 14th, Will Help Define the Digital Asset Industry

Earlier this month, Coinbase announced that its filing with the Securities and Exchange Commission (SEC) to list its shares on the Nasdaq, under ticker symbol COIN, had been approved. The public listing of Coinbase will thus represent a seminal event in the digital asset industry…. Read More

Coinbase Reports Estimated Q1 Results: Total Revenue at $1.8 Billion, 56 Million Users

In advance of its much-anticipated initial public offering (IPO), Coinbase has posted its Q1 results for 2021. For the quarter ending March 31st, 2021, Coinbase reports top-line revenue of $1.8 billion and 56 million verified users. Coinbase is the largest digital asset exchange in the… Read More

UK’s PensionBee, an Online Pension Provider, Reveals its Plans to Float via the London Stock Exchange

UK’s PensionBee, an online pension provider, has submitted a confirmation statement with the London Stock Exchange (LSE), which states that the firm’s listing is expected to take place next month. The filing indicates that PensionBee plans to secure £55 million in capital as part of… Read More

Robinhood Files S-1 with SEC in Preparation for IPO

Robinhood, a digital investment platform, has filed a draft registration statement with the Securities and Exchange Commission (SEC). The S-1 has been filed confidentially and will only become visible once the document has been approved by the SEC. Earlier this month, it was reported that… Read More

India’s Paytm Payments Bank Approved for @Paytm UPI Handle by SEBI to Enable Seamless Payment Mandates for IPO Applications

Indian digital payments giant Paytm recently confirmed that its pleased to share that Paytm Payments Bank Ltd (PPBL) has been given approval for its @Paytm UPI handle from the Securities and Exchange Board of India (SEBI) to “enable fast and seamless payment mandates for IPO… Read More

Southeast Asia’s Grab Holdings Is Reportedly Looking into Going Public via SPAC

Southeast Asian ride-hailing and food delivery giant Grab Holdings is reportedly holding discussions regarding its plans to go public via a potential merger with a US-based special purpose acquisition company or SPAC. Grab Holdings may be valued at around $53 to $54 billion if these… Read More

Chinese Fintech Giant JD Technology Is Reconsidering Potential $3B IPO due to Nationwide Regulatory Crackdown

Chinese authorities have increased their scrutiny of the nation’s Fintech sector. China’s regulators have now cracked down on JD Technology’s (potentially) $3 billion initial public offering. JD Technology, the Fintech division of Chinese digital commerce giant JD.com Inc., is reportedly looking into withdrawing its application… Read More

Robinhood Could IPO as Soon as March 2021

Robinhood Markets Inc., the digital investment and trading platform that’s largely behind or at least part of the trading frenzy in GameStop Corp.’s company shares, is reportedly planning to file confidentially for an IPO at some point next month or later, according to Bloomberg which… Read More

Coinbase Files S-1, Plans Listing on NASDAQ Raising Up to $1 Billion, Generated $1.3 Billion in Revenue in 2020

As anticipated, Coinbase has publicly filed an S-1 outlining its plans to complete an initial public offering (IPO) on the NASDAQ. Accrording to the filing, Coinbase intends to raise up to $1 billion and  trade under the ticker symbol of “COIN.” The filing shares that… Read More

Fintech MoneyLion to Float by SPAC via Fusion Acquisition

MoneyLion, a digital banking Fintech, is the next company to go public via a special acquisition company (SPAC). The deal was announced last Friday where MoneyLion will merge with Fusion Acquisition (NYSE:FUSE) at a transaction value of $2.4  billion and $2.9 billion in equity value… Read More

SPACs: US Fintech Payoneer Set to Go Public via a Special Purpose Acquisition Company led by Bancorp’s Betsy Cohen

Nearly 300 SPACs are currently seeking deals with $90 billion in available cash. Fintech firm Payoneer is also planning to go public through a SPAC that will reportedly be led by Bancorp founder Betsy Cohen. Payoneer’s management noted that they intend to merge with a… Read More

Sweden’s Payments Firm Trustly Is Reportedly Planning an IPO during Q2 2021, Valuing it at a Potential €9 Billion

Sweden-based payments company Trustly is reportedly planning to conduct an initial public offering (IPO) during the second quarter of this year. The IPO might value the firm at around €9 billion. Trustly’s owner, Nordic Capital, is currently working cooperatively with Goldman Sachs, JP Morgan and… Read More

Dhana Kaneshayogan from TransferWise, which is Planning LSE Float, Explains how Automation Makes Audits More Efficient

Dhana Kaneshayogan notes that in January 2020, he had joined the Governance, Infrastructure and Networks team (GIN) at UK-based Fintech firm TransferWise. Kaneshayogan confirmed that the team offered other platform teams the interfaces and tooling to develop compute resources by using “best practices and standardized… Read More

Publicly Listed Indian Fintech 5paisa Confirms Great Year for Indian IPOs in 2020, Projects Solid 2021 As Well

Mumbai-based 5paisa, a one-stop shop for quality research and low-cost and “cutting-edge” trading platforms, notes that last year, there were relatively few IPO listings, but there was still a lot of participation on Dalal Street (which is the address of the Bombay Stock Exchange and… Read More

Asian Fintech Grab May Pursue US IPO

Southeast Asian Fintech Grab may pursue an initial public offering (IPO) during 2021, according to a report. Fintech is expected to be a hot sector for initial public offers this year with two already being completed. Last week, Affirm (NASDAQ:AFRM) blew the doors off its IPO…. Read More

After Gaining 5 Million New Customers, eToro Preps for IPO on Nasdaq – Report

Digital trading platform eToro may be queuing for an initial public offering (IPO) on Nasdaq according to a recent report. The Fintech is said to be chatting with Goldman Sachs to manage the IPO. Depending on where you are sitting, eToro enables trading in both… Read More

Coinbase Files to Pursue an IPO

Coinbase, the leading cryptocurrency exchange in the US, has filed an S-1 registration statement with the Securities and Exchange Commission (SEC) indicating its intent to pursue an initial public offering (IPO). The news was posted on the Coinbase website stating the filing, which would include… Read More

Stock Trading App Provider Robinhood Planning IPO with Assistance from Goldman Sachs: Report

Robinhood

Robinhood, a popular trading app that has encouraged a new generation of investors to take part in equity trading, has reportedly hired giant Wall Street investment bank Goldman Sachs to lead the Fintech firm’s IPO. Robinhood Markets will be working with Goldman Sachs (NYSE:GS) in… Read More

Buy Now Pay Later Fintech Affirm, which Filed IPO Application, May have Significant Growth Opportunities in the US

Younger investors including Millennials and Gen Z consumers are supporting a change in the idea of paying with credit, and investors might also be able to join this emerging trend in the US markets. Fintech company Affirm Holdings Inc., which lets users split their purchases… Read More

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