April 01, 2024
Cybersecurity Firm Rubrik Files for IPO
Cybersecurity firm Rubrik has filed for an initial public offering. In a Monday (April 1) filing with the Securities and Exchange Commission (SEC), the company did not disclose the size of the offering but said it...
March 29, 2024
FinTech IPO Index Up Slightly as nCino’s Gains Offset Huize’s...
Earning season’s set to begin in just a few weeks — but we’re still not quite done with, well, earnings season. The FinTech IPO Index was up 0.3% through the...
March 28, 2024
‘Mega-Deals’ More Than Double Following M&A Drought
After a drought, the merger and acquisition (M&A) landscape is in bloom. Major M&A deals — agreements worth at least $10 billion — more than doubled during the first quarter of this...
March 26, 2024
Nu Lowers Yield on Savings Accounts in Mexico
Digital bank Nu Holdings will lower the yield on its high-yield savings accounts in Mexico after the country’s central bank cut its key rate for the first time since 2021....
March 26, 2024
Alibaba Offers $3.75 Billion for Remaining Stake in Cainiao
Alibaba announced on Tuesday its decision to forego the initial public offering (IPO) of its logistics arm, Cainiao, in Hong Kong. Instead, the e-commerce giant disclosed its intention to acquire...
March 26, 2024
As Chime Mulls IPO, Neobanks Grapple With Uneven Profitability
As they say in horse racing and on Wall Street: You pays your money and you takes your choice. The news that Chime Financial is mulling an initial public offering next year...
March 25, 2024
Open Lending Names CFO Chuck Jehl as Interim CEO
Open Lending appointed its chief financial officer, Chuck Jehl, to the additional roles of chief operating officer and interim CEO after Keith Jezek resigned as CEO and board member. This leadership change is effective...
March 22, 2024
Ibotta Files for IPO, Plans to List on NYSE
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...
March 22, 2024
Chime Plans to Launch IPO in US in 2025
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...