PhonePe, India’s largest digital payments company, is reportedly closer to going public. The Walmart-backed firm’s initial public offering (IPO) has gotten the approval of regulators, Reuters reported Tuesday (Jan. 20), citing sources familiar with the matter. These sources said that Walmart, Microsoft and Tiger Global...
Kraken-affiliated company KRAKacquisition Corp is the latest cryptocurrency firm planning to go public. KRAKacquisition, a special purpose acquisition company (SPAC) backed by an affiliate of crypto exchange Kraken, filed Monday (Jan. 12) to go public with a $250 million initial public offering (IPO). The company...
Brazilian FinTech Agibank reportedly may postpone a planned initial public offering (IPO) in the United States after Brazil’s social security system suspended one of the firm’s main businesses. The social security system, INSS, stopped the firm from making new payroll-deduction loans for retired workers in...
PicPay, the Brazilian mobile banking and instant-payments provider, has filed for a U.S. initial public offering (IPO), marking one of the most closely watched Brazil-linked FinTech listings since the region’s equity-capital-markets pipeline cooled after Nubank’s blockbuster debut. The move comes as investors keep a close...
Chinese artificial intelligence (AI) startup MiniMax reportedly aims to raise over $600 million in an initial public offering (IPO) in Hong Kong. The company may start taking investor orders as early as Wednesday (Dec. 31) for a listing in January, although the size and timing...
Cryptocurrency exchange HashKey is set to raise $206 million after pricing its initial public offering, Reuters reported Monday (Dec. 15), citing an unnamed source. HashKey, founded in 2018, is Hong Kong’s largest licensed crypto exchange, the report said. Its other services include asset management, brokerage...
Anthropic is taking early-but-consequential steps toward a potential IPO that could arrive as soon as 2026. It’s a timeline that, if it holds, would put one of the most important generative AI vendors used across financial services onto public-market footing ahead of rival OpenAI. For...
South Korean cryptocurrency exchange Upbit is reportedly considering launching an initial public offering on Nasdaq once it completes a merger with South Korean internet firm Naver. CoinDesk reported these plans Monday (Nov. 24), citing multiple media reports. Upbit did not immediately reply to PYMNTS’ request...
The Securities and Exchange Commission (SEC) is reportedly prioritizing companies’ registration statements for initial public offerings and other ways to raise money as it tries to catch up on the work that was left undone during the government shutdown. The regulator has put routine reviews...