JPMorgan Chase CEO Jamie Dimon said Tuesday (Oct. 8) that regulators in the U.S. and the U.K. have made it difficult for companies to go public. Speaking in a Bloomberg Television interview from London, Dimon said rising expenses from litigation and regulatory filings have contributed to...
A top banker at JPMorgan Chase said that the initial public offering (IPO) market for companies backed by private equity firms is heating up. Keith Canton, JPMorgan’s head of Americas equity capital markets, said the market for such companies is “very much open,” as firms...
Brazilian digital bank PicPay is reportedly planning to go public in the U.S. next year. The company is set to hire financial firms to help it with an initial primary offering in New York, Reuters reported Wednesday (Oct. 2), citing two sources familiar with the matter. The report...
Connected TV advertising platform MNTN is reportedly considering going public in early 2025. The firm, whose chief creative officer is actor Ryan Reynolds, selected Morgan Stanley to work on its initial public offering (IPO), Bloomberg reported Friday (Sept. 27), citing unnamed sources. Deliberations around the...
Chime Financial reportedly selected Morgan Stanley to lead its initial public offering (IPO). The FinTech company aims to go public in 2025, Bloomberg reported Thursday (Sept. 26), citing unnamed sources. Reached by PYMNTS, Chime declined to comment on the report. Morgan Stanley did not immediately...
Rappi reportedly expects to be in a position to launch an initial public offering (IPO) within the next 12 months. The Colombia-based startup, which offers delivery services in nine countries and is one of Latin America’s most valuable startups, has seen its revenue double over...
Economic data remained the key driving force behind stocks this past week, and the FinTech IPO Index was no exception. But despite volatile trading action throughout the group, the Index was flat, up a scant 0.06%. As for the data, last week saw a slowing...
Nium is reportedly the latest company holding off on plans to go public. Prajit Nanu, CEO of the Singapore-based payments firm, told Bloomberg News in an interview late Sunday (Sept. 8) that Nium will instead focus on bolstering its workforce and expanding revenues, with an...
The just-completed shortened trading week heralds the beginning of Fall, and September’s here. September stands out as the month that will herald the first rate cut by the Federal Reserve after years of hiking interest rates. At least, that’s what the conventional wisdom says. For...
