The bank holding company for Tennessee-based Commercial Bank launched its initial public offering. Commercial Bancgroup and some of its shareholders plan to offer a total of 3,738,317 shares of common stock, with the selling shareholders expected to grant the underwriters a 30-day option to purchase...
Shield raised $5 million in seed funding to continue building its neobank for global trade businesses. The company helps exporters accept payments from international buyers in USDT stablecoins and settle them as same-day U.S. dollar wires, it said in a Monday (Sept. 22) blog post....
Cardless raised $60 million in a Series C funding round to expand the capabilities of its credit card platform that enables companies to design and launch cards in-house. The company’s platform enables product-first companies to design every touchpoint of the credit journey, without taking on...
Amazon reseller Pattern reportedly raised $300 million Friday (Sept. 19) in its initial public offering and saw its shares close up 11%. Pattern sold shares at $14 in its IPO. Its stock opened at $13.50 and closed at $15.63, CNBC reported Friday. The IPO valued...
With the new additions of Figure Technology Solution and Klarna, the FinTech IPO Index saw a healthy jump, adding 3.6% through the week. The Fed, of course, cut interest rates this week, which in turn pushed lending platforms higher, on the read across that lower...
Numeral raised $35 million in a Series B funding round to grow its artificial intelligence-powered sales tax compliance platform for eCommerce and software-as-a-service companies. The fully automated platform manages the entire sales tax lifecycle for these businesses, and Numeral offers a guarantee of error-free filing,...
Seapoint has come out of stealth mode and announced that it raised $3 million in pre-seed funding for its financial infrastructure for European startups. The company said in a Wednesday (Sept. 17) blog post that its product provides founders with a real-time view of their...
Indian digital payments provider Pine Labs is reportedly preparing to go public. The company is planning to raise up to $700 million from an initial public offering (IPO) in the latter half of October, Bloomberg reported Thursday (Sept. 18), citing unnamed sources. Pine, which is...
Fitness tracking app Strava is reportedly set to hear pitches from investment banks for roles in the company’s initial public offering. The company could launch its IPO in early 2026, though that depends on market conditions, and it has not finalized the amount it plans...