The public may soon be able to buy shares in payments processor Stripe. The Wall Street Journal (WSJ) reported Thursday (Jan. 26) that Stripe is considering either going public or allowing employees to sell their shares within the next 12 months. Stripe is more likely...
Cryptocurrency firms are facing new levels of government scrutiny as they try to go public. At least three companies — Bullish Global, Circle Internet Financial, and eToro Group — have failed to win approval from the Securities and Exchange Commission (SEC) in their bids to list on...
In a rally that sent all names higher, FinTech IPO Index soared 13.5% through the week. That’s a milestone — the first time it’s happened since we’ve been tracking these more than three dozen names that have gone public since just before the pandemic. The...
With a 2% gain, things are already looking up for the FinTech IPO Index. That statement shows just how low the bar has been set for the group, which, as spotlighted here, got cut in half — and then some — last year. We’re being...
The carnage that hit the FinTech IPO Index last year was nearly absolute. One number says it all, perhaps, at least in shorthand: The Index wound up a terrible, no good, let’s-put-it-in-the-rearview mirror year with a loss of more than 51%. That was roughly in...
The world’s bankers don’t expect a happy new year when it comes to IPOs. With inflation and interest rates rising and investor enthusiasm for initial public offerings (IPOs) waning, deals have fallen to levels not seen since the 2008 financial crisis, Bloomberg reported Sunday (Dec....
Stocks, including those of the FinTech IPO Index, slumped as retail sales data disappointed. As PYMNTS reported Thursday (Dec. 15), retail sales in November declined 0.6% over October’s levels. Holiday spending has proven no panacea here, and other macro data points helped underscore the fact...
The Middle East has become a bright spot among financial markets as IPO activity declines. Initial public offerings (IPOs) in that part of the world have brought in $22.6 billion this year, more than half of the proceeds in the EMEA (Europe, Middle East and Africa)...
London contributed just 9% of all European IPOs this year. According to data published by Bloomberg, initial public offerings (IPOs) in London raised 1.5 billion pounds ($1.8 billion) this year, accounting for 9% of the European total of $20.9 billion and marking the worst performance...