Figure Technology Solutions opened its first session as a publicly traded company with a strong rally, giving the FinTech a multibillion-dollar market capitalization and immediate attention from institutional investors. The early trading strength, as the shares surged 24% above the offer price by $31.11 a...
Blockchain-based lender Figure Technology Solutions has increased the pricing of its initial public offering (IPO) to $25 per share. That new figure, announced late Wednesday (Sept 10), is above an earlier pricing of $20 to $22 per share. The company sold 31.5 million shares, raising...
It’s a long way from here to Klarna’s peak $46 billion valuation from 2001, but Tuesday’s nearly 15% pop in its IPO price offered up a public markets “seal of approval” for buy now, pay later (BNPL) as a game-changing financial services play. On Wednesday...
eCommerce reseller company Pattern aims to raise $321 million upon going public. The firm, which resells items on marketplaces like Amazon, and its shareholders plan to offer around 10.7 million shares for $13 to $15 apiece, according to a filing Wednesday (Sept. 10) with the...
Klarna has priced its initial public offering (IPO) at $40 per share, higher than its expected $35-$37 range. As Seeking Alpha noted in a report Wednesday (Sept. 10) morning, this price range values the Swedish FinTech at $15.1 billion, still far short of its $45...
Markets move fast, but FinTech IPOs move faster. Tuesday night (Sept. 9), the investing world anxiously waited ahead of a listing slated for Wednesday, and Klarna may set the stage for FinTechs to come knocking on the public market’s door. As reported by Reuters, investor...
Stablecoin issuer Figure has increased the size and price range of its initial public offering (IPO). The company said in a securities filing Tuesday (Sept. 9) that it was now marketing the IPO at a price range of $20 to $22 a share, aiming to sell 31.5 million shares....
Klarna is reportedly guiding its initial public offering (IPO) pricing at the top end or above the marketing range amid strong demand for shares from investors. The company and some of its investors are offering 34.3 million shares at $35 to $37 per share but...
Ticket reseller StubHub says it aims to raise up to $851 million when it goes public. That figure would give the company a valuation of as much as $9.2 billion, StubHub said in a filing Monday (Sept. 8). According to a news release, the company has launched the roadshow for...