It’s a long way from here to Klarna’s peak $46 billion valuation from 2001, but Tuesday’s nearly 15% pop in its IPO price offered up a public markets “seal of approval” for buy now, pay later (BNPL) as a game-changing financial services play. On Wednesday...
eCommerce reseller company Pattern aims to raise $321 million upon going public. The firm, which resells items on marketplaces like Amazon, and its shareholders plan to offer around 10.7 million shares for $13 to $15 apiece, according to a filing Wednesday (Sept. 10) with the...
Hedge fund Elliott Management has reportedly purchased a large stake in payments automation company BILL. That’s according to a report Tuesday (Sept. 9) by the Financial Times (FT), which says the activist fund is betting that BILL could be the latest in a string of payment company takeovers. Elliott’s stake...
Klarna has priced its initial public offering (IPO) at $40 per share, higher than its expected $35-$37 range. As Seeking Alpha noted in a report Wednesday (Sept. 10) morning, this price range values the Swedish FinTech at $15.1 billion, still far short of its $45...
Markets move fast, but FinTech IPOs move faster. Tuesday night (Sept. 9), the investing world anxiously waited ahead of a listing slated for Wednesday, and Klarna may set the stage for FinTechs to come knocking on the public market’s door. As reported by Reuters, investor...
Stablecoin issuer Figure has increased the size and price range of its initial public offering (IPO). The company said in a securities filing Tuesday (Sept. 9) that it was now marketing the IPO at a price range of $20 to $22 a share, aiming to sell 31.5 million shares....
Motion raised $60 million in recent funding rounds to continue developing its agentic work suite that provides artificial intelligence (AI) applications and agents designed for small- to medium-sized businesses (SMBs). The company raised the new funding across Series B, Series C and Series C2 rounds,...
Watch more: Small Door Raises $55 Million to Keep Pets Out of the Doghouse at the Vet The U.S. veterinary care market is vast by any measure, with roughly 32,000 practices serving more than 94 million pet owners. Most practices are small, independent “mom and...
Klarna is reportedly guiding its initial public offering (IPO) pricing at the top end or above the marketing range amid strong demand for shares from investors. The company and some of its investors are offering 34.3 million shares at $35 to $37 per share but...