Tagged: ipo

February 27, 2020 @ 9:20 pm By Omar Faridi  |  

An increasing number of Indian consumers are making digital payments at metros and also at stores in small towns. India-based SBI Cards, a major payment solution provider, is reportedly planning to raise approximately $1.4 billion via an initial public offering (IPO) which would be the… Read More

January 29, 2020 @ 4:28 am By JD Alois  |  

Switzerland has approved the first articles of incorporation hosted on blockchain, according to a note from advisory firm Andriotto Financial Services. Overfuture expects to have is class A shares hosted on blockchain as well as it moves forward with an initial public offering (IPO), or… Read More

January 28, 2020 @ 2:01 am By Omar Faridi  |  

Germany-based Fintech firm Heidelpay is reportedly seeking acquisitions and might launch an in initial public offering (IPO), according to its CEO, Mirko Huellemann. He recently stated: “An IPO is of course always an option for fresh capital.” Huellemann’s comments regarding the firm’s business plans are… Read More

January 26, 2020 @ 7:17 am By Omar Faridi  |  

Tokopedia, an Indonesia-based e-commerce marketplace, is reportedly in the final stages of closing an investment round valued at around $1.5 billion from Japan’s Softbank, China’s Alibaba Group and Singapore-based Temasek. The Tokopedia marketplace, which is notably the largest of its kind in Indonesia, is now… Read More

January 25, 2020 @ 9:58 am By Omar Faridi  |  

Brad Garlinghouse, CEO at privately-held Fintech firm Ripple, recently indicated that the San Francisco-based startup might launch an initial public offering (IPO) within the next year. While attending the World Economic Forum (WEF) in Davos, Switzerland, Garlinghouse reportedly told the Wall Street Journal (on January… Read More

January 19, 2020 @ 8:28 am By Omar Faridi  |  

Ant Financial is reportedly working with several banking institutions in order to revive its plans for conducting an initial public offering (IPO). The Fintech company’s decision to go public has come more than a year after China’s leading mobile payments firm postponed the process after… Read More

January 14, 2020 @ 5:13 pm By Samantha Hurst  |  

Business commerce platform Tradeshift has reportedly secured $240 million in equity and debt through its latest funding round. The new investment comes less than two years after Tradeshift raised $250 million through its Series E funding round, which was led by Goldman Sachs and Public Sector… Read More

December 16, 2019 @ 12:17 am By Samantha Hurst  |  

XP (Nasdaq: XP), a digital brokerage and wealth management company based in Brazil, announced on Friday it closed its initial public offering (IPO) of 83,387237 of its Class A common shares at a public offering price of $27 per share. XP reported that it issued and… Read More

December 13, 2019 @ 3:53 pm By JD Alois  |  

OneConnect (NYSE:OCFT), a Fintech off-shoot of Ping An, listed its shares on the New York Stock Exchange (NYSE) today. The initial public offering raised around $260 million following a decision to slice the offer in half due to demand concerns. Ping An is one of… Read More

December 12, 2019 @ 9:52 pm By JD Alois  |  

If timing is everything, Bill.com (NYSE:BILL) nailed it. The payments and software provider completed its initial public offering (IPO) today on the New York Stock Exchange (NYSE). Bill.com floated 9.8 million shares at $22 each – raising over $210 million, but the price opened up… Read More

November 22, 2019 @ 10:11 am By JD Alois  |  

Yesterday, Canaan Inc. (Nasdaq: CAN) a Chines crypto mining company,  completed an initial public offering (IPO) of 10,000,000 American Depositary Shares (ADSs), each representing 15 Class A ordinary shares. Shares were issued at US $9.0 per share for a total offering of US $90 million. … Read More

November 21, 2019 @ 12:42 am By Omar Faridi  |  

Sydney-based Tyro Payments, an Australian Fintech institution that specializes in merchant credit, debit and EFTPOS acquiring, submitted a prospectus on November 18 for conducting a local initial public offering (IPO) that aims to raise A$252.7 million (appr. $173.2 million). Founded in 2003 by Peter Haig,… Read More

November 16, 2019 @ 11:14 am By Omar Faridi  |  

Payment software firm Bill.com is planning to raise $100 million through an initial public offering (IPO), according to a recent filing with the US Securities and Exchange Commission (SEC). Established in 2006 by PayCycle co-founder René Lacerte, Bill.com provides cloud-based business payments and offers a… Read More

November 8, 2019 @ 2:43 pm By Omar Faridi  |  

FinServ Acquisition Corp. (NASDAQ:FISRVU)announced on November 5 that it had closed its initial public offering (IPO) of 25,000,000 units, which included 3,000,000 units issued “pursuant to the exercise by the underwriters of their over-allotment option.” The company’s offering was set at $10.00 per unit, which… Read More

October 31, 2019 @ 1:39 am By Cali Haan  |  

On the heels of yesterday’s news that competitor Canaan has filed an IPO prospectus to go public on the Nasdaq comes a report that Bitmain, the world’s largest manufacturer of cryptocurrency mining hardware, is also seeking to go public on a New York Stock Exchange…. Read More

October 28, 2019 @ 9:20 pm By Cali Haan  |  

After an application to go public in Hong Kong lapsed last year, Canaan, the second-biggest maker of cryptocurrency mining hardware after Bitmain, has brought its bid to go public to New York. According to a registration statement submitted to the SEC in Washington, Canaan plans… Read More

September 14, 2019 @ 6:02 pm By Omar Faridi  |  

We Co., WeWork‘s parent company, is planning to make major changes to the management of its business operations after stakeholders expressed their dissatisfaction with the company’s unusual governance model ahead of its upcoming IPO. The firm’s parent company had initially proposed that 20 votes should… Read More

September 9, 2019 @ 8:38 am By Omar Faridi  |  

US real estate company and shared office space firm WeWork might slash the valuation it’s seeking as a public company to under $20 billion. The New York-based firm is also considering postponing its IPO, according to the Wall Street Journal. WeWork’s proposed valuation cut comes… Read More

August 17, 2019 @ 1:38 pm By JD Alois  |  

In 2017, Hylete Fitness Apparel raised $1 million on StartEngine, a leading US-based investment crowdfunding platform. Jump forward two years later and Hylete has some good news for early investors. Hylete has filed for an initial public offering (IPO) with shares expected to trade on… Read More

August 1, 2019 @ 11:20 pm By Cali Haan  |  

After its application to IPO in lapsed regulators’ hands last November in Hong Kong, Canaan, the world’s second-largest manufacturer of cryptomining hardware, has filed a confidential S-1 to pursue a US US initial public offering (IPO), according to Chinese media outlet Weixin reports. Canaan sells… Read More