Connected TV advertising platform MNTN is reportedly considering going public in early 2025. The firm, whose chief creative officer is actor Ryan Reynolds, selected Morgan Stanley to work on its initial public offering (IPO), Bloomberg reported Friday (Sept. 27), citing unnamed sources. Deliberations around the...
Chime Financial reportedly selected Morgan Stanley to lead its initial public offering (IPO). The FinTech company aims to go public in 2025, Bloomberg reported Thursday (Sept. 26), citing unnamed sources. Reached by PYMNTS, Chime declined to comment on the report. Morgan Stanley did not immediately...
Rappi reportedly expects to be in a position to launch an initial public offering (IPO) within the next 12 months. The Colombia-based startup, which offers delivery services in nine countries and is one of Latin America’s most valuable startups, has seen its revenue double over...
Economic data remained the key driving force behind stocks this past week, and the FinTech IPO Index was no exception. But despite volatile trading action throughout the group, the Index was flat, up a scant 0.06%. As for the data, last week saw a slowing...
Nium is reportedly the latest company holding off on plans to go public. Prajit Nanu, CEO of the Singapore-based payments firm, told Bloomberg News in an interview late Sunday (Sept. 8) that Nium will instead focus on bolstering its workforce and expanding revenues, with an...
The just-completed shortened trading week heralds the beginning of Fall, and September’s here. September stands out as the month that will herald the first rate cut by the Federal Reserve after years of hiking interest rates. At least, that’s what the conventional wisdom says. For...
Swedish buy now, pay later (BNPL) provider Klarna is reportedly experiencing a boardroom conflict as it prepares for its initial public offering (IPO). The company’s board is considering removing board member Mikael Walther, who is an eight-year member of the board and a confidante of...
There’s a chorus growing among companies that want to go public: Wait until next year. The 2024 initial public offering (IPO) market rebound that bankers and executives hoped for hasn’t been realized, leaving them to hold out hope for 2025, The Wall Street Journal reported...
Klarna saw revenues climb in the first half of 2024 amid preparations to go public. The Swedish buy now, pay later (BNPL) provider released half-year earnings Tuesday (Aug. 27) showing revenues increasing 27%, while adjusted profits increased to $66 million, compared to an adjusted loss...