Ibotta has filed a registration statement for its proposed initial public offering (IPO) with the Securities and Exchange Commission (SEC). The number of shares and the price range for the proposed offering have not yet been determined, the provider of digital promotions and performance marketing...
Chime Financial reportedly plans to launch its initial public offering (IPO) in 2025. The FinTech company aims to do so in the United States but has not yet engaged banks for the IPO, Bloomberg reported Friday (March 22), citing unnamed sources. Chime did not immediately reply to PYMNTS’...
There were a few stunning surges this past week with the FinTech IPO Index, which added more than 5% through five sessions. And, as has been seen in the past few weeks, earnings were the key driver. Lufax Holding shares rallied about 73%. The company reported...
Investors may be gearing up for an initial public offering (IPO) renaissance, but if PYMNTS’ FinTech IPO Index serves as any harbinger: Caveat emptor. There’s demand brewing for deal-making, for startups to be snapped up in the bid to buy rather than build operations, and for...
Encyclopaedia Britannica Inc. is reportedly aiming for a valuation of about $1 billion in its previously announced initial public offering (IPO). The education technology company and publisher may launch its IPO as early as June, Bloomberg reported Monday (March 18), citing unnamed sources. The company is working with...
British buy now, pay later (BNPL) provider Zilch Technology is reportedly considering launching an initial public offering (IPO) in 2025. Zilch has not selected a venue for an IPO but has talked with Nasdaq, the New York Stock Exchange (NYSE) and the London Stock Exchange (LSE),...
The owner of messaging app Telegram is reportedly considering taking the company public. In an interview with the Financial Times posted Tuesday (March 12), Pavel Durov said that his Dubai-based platform has 900 million users, and is making “hundreds of millions of dollars” in revenues thanks to advertising and premium...
Klarna, the Swedish FinTech company once crowned as Europe’s most valuable startup, is reportedly in discussions with banks for a potential U.S. initial public offering (IPO) valued at $20 billion. The company, known for its buy now, pay later (BNPL) services, is considering listing as...
Shein is reportedly rethinking its U.S. initial public offering (IPO) due to regulatory resistance. Instead, the fast-fashion brand is weighing going public on the London markets, Bloomberg News reported Monday (Feb. 26), citing sources with knowledge of the matter. The company — founded in China and now...
