The second week of September reportedly could be one of the busiest for sizeable initial public offerings (IPOs) since late 2021. Six companies that filed for potential IPOs in August could begin marketing their listings at that time, Bloomberg reported Friday (Aug. 29). Those companies include digital...
The FinTech IPO Index posted a strong performance this past week, rising 6% as double-digit surges became commonplace for the platforms and digital upstarts that continued to report quarterly results. Earnings Reports Roll In nCino shares jumped 15.5%. In PYMNTS reporting on nCino’s results announced...
Attio raised $52 million in a Series B funding round to accelerate its development of an artificial intelligence-native customer relationship management (CRM) platform. The company will use the new funding to “invest heavily” in research and development (R&D) and to “double-down” on reaching go-to-market (GTM)...
Restaurant-focused voice AI platform Vox AI has raised $8.7 million in seed funding. The new financing, announced Wednesday (Aug. 27), will allow the company to speed its expansion of its business, which centers around conversational voice artificial intelligence (AI) tools for quick-service restaurant (QSR) drive-thru and operation automations. “Vox...
Singapore-based cross-border payments infrastructure platform Tazapay closed a Series B funding round. The round was led by Peak XV Partners and included participation from digital asset giants Ripple and Circle, according to a Wednesday (Aug. 27) press release. The company plans to use the financing...
Nauta raised $7 million in seed funding to accelerate the global expansion of its artificial intelligence-powered logistics orchestration platform. The company’s “single source of truth and control center” currently serves importers and provides them with agentic capabilities that automate routine workflows and enable greater control...
Swedish digital bank/pay later provider Klarna has reportedly resurrected its plan to go public. The company is aiming for a valuation of between $13 billion and $14 billion with its U.S. initial public offering (IPO) next month, Reuters reported Tuesday (Aug. 26), citing two sources...
Private equity (PE) operations are reportedly struggling to raise funds despite offering investors unheard-of incentives. Fundraising among PE firms came to just $592 billion in the 12 months to June, the lowest total in seven years, the Financial Times (FT) reported Sunday (Aug. 24), citing...
eCommerce accelerator Pattern is preparing to go public amid a jump in revenue. The company saw revenues surge by 35% during the first six months of this year, according to paperwork for an initial public offering (IPO) filed Friday (Aug. 22) with the U.S. Securities...