Indian payments platform PhonePe reportedly hopes to go public at a valuation of $9 billion to $10.5 billion. This indicates that the Walmart-backed company will raise around $900 million to $1.05 billion, Reuters reported Wednesday (March 4), citing two sources with direct knowledge of the...
PayPay reportedly hopes to raise up to $1.1 billion when it goes public. That’s according to a report Tuesday (March 3) from Bloomberg News, which says it would be the largest ever initial public offering (IPO) by a Japanese company on a U.S. stock exchange. The company, working...
Wall Street had been hoping for a blowout year for tech IPOs (initial public offerings). But two months into 2026, bankers’ and investors’ hopes have been dampened by artificial intelligence (AI)-related fears, the Wall Street Journal (WSJ) reported Tuesday (Feb. 24). As the report notes,...
Hong Kong-based stablecoin payments firm RedotPay is reportedly planning to go public. The company is weighing a U.S. initial public offering (IPO) that could raise more than $1 billion, Bloomberg News reported Tuesday (Feb. 24), citing sources familiar with the matter. These sources say RedotPay is working with...
Japan-based PayPay filed for a U.S. initial public offering Thursday (Feb. 12), saying it aims to continue expanding the capabilities of its digital finance platform. In its filing with the Securities and Exchange Commission, the company did not specify the number of shares to be offered or the IPO price range...
Brazilian FinTech AGI, or Agibank, lowered the size and price range of its U.S. initial public offering (IPO). After saying in a Jan. 29 filing with the Securities and Exchange Commission that it expected to offer 43.6 million shares at a price between $15 and...
Banks are reportedly shortening the marketing period for European-based initial public offerings (IPOs). This change to the IPO space comes amid ongoing upheaval in global equity markets during President Donald Trump’s first year back in office, the Financial Times (FT) reported Sunday (Feb. 8). The...
OpenAI is accelerating plans for a potential initial public offering as soon as the fourth quarter, positioning the ChatGPT maker for a high-profile debut just as rivals move to reach the public markets first. The push is being watched closely across the digital economy because...
Brazilian FinTech PicPay has raised $434 million in its U.S. initial public offering. The company announced Wednesday (Jan. 28) evening that it had sold 22.8 million shares at $19 each, the high end of its target price range. PicPay is set to begin trading on...