Chinese fast fashion giant Shein is reportedly planning to do an initial public offering (IPO) in the U.S. soon — possibly by 2024, according to media reports Thursday (July 14). That comes as there’s been growing concerns about environmental, social and governance (ESG) responsibilities, which...
Global money transfer startup Zepz, the parent company of WorldRemit, is reportedly putting its planned initial public offering (IPO) on hold while it focuses on profitability amid management turnover and alleged account issues. Headquartered in London, Zepz was founded in 2010 as WorldRemit by Ismail...
Nordic IPOs are likely to do better before the first half of next year is over, according to statistics from Deutsche Bank, compared to the lull in the region now. The area was the hotspot for new listings last year, but slowed down lately, Bloomberg...
Cross-border payments company LianLian Global could seek as much as 1.5 billion yuan ($223 million) as the Ant Group competitor eyes an initial public offering (IPO) in Hong Kong. The startup is said to be working with China International Capital Corp. on the financing round,...
We wouldn’t call it a comeback. But it’s a gain, nonetheless. Coming into the close of a week shortened on Wall Street by the July Fourth holiday weekend, the FinTech IPO Tracker was up 2.9%. But the hole is a deep one, as year to...
The year 2021 was a major year for restaurants and other food and beverage (F&B) businesses going public, with initial public offerings (IPOs) bringing in funds by the billions. This year, the tide has been turning. Panera Brands, the fast-casual group comprised of Panera Bread,...
Short video app Triller has filed for an initial public offering (IPO), Reuters reported Thursday (June 30). Triller opted out of its $5 billion merger with SeaChange, a video advertising software provider, earlier this month. Instead, the company said it wanted to opt for an...
No respite into the end of the quarter. And halfway through the year 2022, the FinTech IPO Index, as tracked by PYMNTS, has had a dismal time of it. The Index finished the week down about 2.3%, and is off 42.8% YTD. The downturn this...
South Korean app-based lender K Bank has submitted a preliminary application to conduct an initial public offering (IPO) in the country, Reuters reported Thursday (June 30) based on a statement from the Korea Exchange. K Bank launched in Korea in 2015 as a digital-only bank....