Fitness tracking app Strava is reportedly set to hear pitches from investment banks for roles in the company’s initial public offering. The company could launch its IPO in early 2026, though that depends on market conditions, and it has not finalized the amount it plans...
Investors are signaling that the hottest FinTech initial public offerings (IPOs) are not vehicles for frenzied, momentum-based trading but are underpinned by new architectures for traditional financial services. The transformations are demonstrated in company filings tied to those public listings through the past several days,...
SumUp, a United Kingdom-based card reader company, is reportedly considering a stock market listing and initial public offering (IPO). The FinTech is mulling an IPO that could value the company at $10 billion to $15 billion, the Financial Times (FT) reported Monday (Sept. 15), citing...
Last week marked a resurgence for the U.S. initial public offering (IPO) market. As the Financial Times (FT) reported Saturday (Sept. 13), seven large-cap companies went public last week, including buy now, pay later (BNPL) firm Klarna, cryptocurrency exchange Gemini, and blockchain platform Figure Technology...
Auto finance platform Lendbuzz plans to go public. The firm filed a registration statement with the Securities and Exchange Commission and intends to list its common stock on the Nasdaq Global Select Market under the ticker symbol “LBZZ,” according to a Friday (Sept. 12) press...
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...