Indian food delivery giant Swiggy is eyeing an initial public offering (IPO) early next year and has begun preparations to raise at least $800 million as part of its public unveiling, according to a Nikkei Asia report Tuesday (Feb. 22) that cites three people familiar...
In Today’s FinTech news, PYMNTS is introducing the FinTechIPO™ Index to give people an idea of how the firms within the index are performing, while London-based FinTech Nous raised $8.9 million to people tackle the cost of living. FinTechIPO™ Index: Game Changers of Financial Services...
We tend to think of the stock market with a bit of mental shorthand. How’d the Dow do? The NASDAQ’s sputtering. The S&P’s climbing a wall of worry. We just mentioned three indexes, each with a different, general flavor (and the statements attached to each...
Windsor Fashions, which sells occasion wear like prom dresses, is reportedly eyeing an initial public offering (IPO) 85 years after it was originally founded, Bloomberg wrote Tuesday (Feb. 15). The company has been working with financial advisors, and the IPO could take place as soon...
Sock and apparel maker Bombas is looking into a U.S. initial public offering (IPO), according to a Monday (Feb. 14) Bloomberg report. The company might pursue that this year, according to an anonymous source, and Bombas has talked with potential underwriters. However, the targeted valuation...
The once super-hot arena for initial public offerings (IPOs) is being put on ice as Wall Street jitters over market volatility send startups turning to private equity for funding, kicking public listings down the road, or putting up for-sale signs. While industry pundits forecast it...
FinTech firm Ebanx recently delayed its U.S. initial public offering (IPO) because of market volatility, Bloomberg reported Friday (Feb. 4). The company, backed by Advent International, recently said it might seek a value over $10 billion. Since it was formed a decade ago, Ebanx’s services...
London cross-border transfer startup Zepz is weighing an initial public offering (IPO) on Wall Street at an estimated $6 billion valuation, bypassing the U.K.’s push to drive more tech companies to list there, Bloomberg reported on Wednesday (Feb. 2) citing sources with insider information. Zepz,...
U.K.-based tech IPOs raised a record 6.6 billion pounds ($8.8 billion) in 2021 from initial public offerings (IPOs), data from the London Stock Exchange (LSE) shows, double the amount from 2020. Of the 126 companies that debuted on the London Stock Exchange almost 30% (37...