Xoom Goes Public, Files For $50 Million IPO

What's Next In Payments®
7:28 PM EDT January 13th, 2013

Online money transfer service Xoom is making an initial public offering for $50 million, according to All Things D.

The IPO will be made through Barclays, Needham & Company, Raymond James and Baird, and lists Sequoia Capital, New Enterprise Associates and Agilus Ventures as investors.

Read the full story here.

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