Egypt-based FinTech MNT-Halan is reportedly planning to take its business public in Cairo. The initial public offering (IPO) could happen as soon as this year, Bloomberg News reported Wednesday (June 24), citing sources familiar with the matter. Those sources said MNT-Halan is working with Citigroup...
Kalshi has about tripled its annualized revenue since November, bringing that figure to $2 billion, The Information reported Thursday (June 18), citing unnamed sources. The report attributed the prediction markets platform’s gains to trading around the NBA and World Cup games. This growth has led...
Indian payment FinTech Razorpay is reportedly preparing a $600 million initial public offering (IPO). The company has confidentially filed for a public listing with the goal of making its stock market debut by the end of the year, Reuters reported Monday (June 15), citing a...
Robinhood CEO Vlad Tenev says the company’s securities business can now serve as an underwriter. Tenev’s announcement on X was flagged in a report Tuesday (June 9) from Seeking Alpha, which notes Robinhood’s expansion from trading platform to underwriter for initial public offerings (IPOs) could unlock higher-fee revenue...
Perplexity’s CEO says the artificial intelligence (AI) startup plans to go public in 2028. And that will happen no matter how investors react to the initial public offerings (IPOs) from rivals Anthropic and OpenAI, Aravind Srinivas told CNBC in a Tuesday (June 9) interview. “Agnostic...
Bending Spoons, an Italian tech company that acquires software businesses, is planning to go public. The company, whose holdings include Vimeo, Eventbrite and AOL, filed for an initial public offering (IPO) Monday (June 8) with the Securities and Exchange Commission (SEC). According to the filing, Bending Spoons...
JPMorgan Chase CEO Jamie Dimon will host a discussion about SpaceX’s initial public offering that will be simulcast to 90 of the bank’s locations in 26 states, Bloomberg reported Wednesday (June 3), citing an unnamed source. The discussion, which is scheduled for Thursday (June 4),...
Anthropic has selected Morgan Stanley and Goldman Sachs to lead its initial public offering (IPO), with JPMorganChase also involved in the deal, Bloomberg reported Wednesday (June 3), citing unnamed sources. The report said that more banks could be added, the IPO could be launched as soon as October, and the details of...
Anthropic said it has confidentially filed for an initial public offering (IPO). The artificial intelligence (AI) startup announced Monday (June 1) that it had submitted a draft registration statement to the Securities and Exchange Commission (SEC) about its IPO. “This gives us the option to...