Nigerian payments company Flutterwave is reportedly planning to go public. In an interview with Bloomberg News published Tuesday (Aug. 22), the company’s chief executive said it is moving forward with a planned initial public offering (IPO). Olugbenga Agboola, also one of the co-founders of Flutterwave, told Bloomberg the company...
Where Instacart goes, the question follows: will other eCommerce platforms follow? At this writing, the online grocer is mulling a traditional initial public offering, and the details are slated to become more concrete as soon as next week. If the plans do come to fruition, it...
Online grocery marketplace Instacart is reportedly gearing up for an initial public offering (IPO) as early as September. The firm is anticipated to make its IPO plans public by filing with the US Securities and Exchange Commission (SEC) in the coming week, Bloomberg reported Friday (Aug. 18), citing unnamed...
Amazon is reportedly in discussions to invest in chipmaker Arm’s initial public offering (IPO). Arm owner SoftBank is also talking to Google and companies from other industries heavily dependent on semiconductors in anticipation of a Nasdaq listing for Arm, the Financial Times (FT) reported Wednesday (Aug. 9). Amazon Web Services (AWS) is one of...
Both the value and the volume of European initial public offerings (IPOs) have dropped to their lowest level in 14 years. Companies raised 2.4 billion euros (about $2.6 billion) through stock market listings in the first half of the year, with the number of public...
Figure Technologies has reportedly laid off staff and is preparing for an initial public offering (IPO). The firm laid off 20% of its staff — 90 employees — this week, Bloomberg reported Friday (July 28), citing documents the media outlet had reviewed. The documents also showed that Figure...
Toast shares got scorched in a week that saw the FinTech IPO Index give up 0.3%. And earnings season has yet to begin in earnest — at least for the FinTechs. Beyond the banks, beyond the details on deposit flight and whether consumers are spending...
Anyone expecting a dramatic restoration of Europe’s IPO market might have to wait. That’s according to bankers at Bank of America (BofA), who told Bloomberg News in an interview Thursday (July 20) that it could take some time before there is a flurry of new initial public offerings (IPOs)...
Indian startup Ola Electric Mobility is reportedly in line for an initial public offering (IPO) sooner than anticipated. This change is due to its success in India’s electric scooter market, Bloomberg reported Monday (July 17). With 38% share of that market, Ola Electric has sold...