IPOs

An initial public offering (IPO) refers to the process of offering shares of a private corporation to the public in a new stock issuance. Public share issuance allows a company to raise capital from public investors.

(source: investopedia.com)

Report: ShipBob Planning to Launch IPO With $4 Billion Valuation
Report: ShipBob Planning to Launch IPO With $4 Billion Valuation
April 19, 2024  |  IPO

ShipBob is reportedly planning to launch its initial public offering (IPO) as soon as late 2024. The listing could value the eCommerce fulfillment service provider...

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Walmart-Backed Ibotta Sees Share Price Leap 33% in Market Debut
Walmart-Backed Ibotta Sees Share Price Leap 33% in Market Debut
April 18, 2024  |  IPO

Ibotta shares leapt 33% during their debut on the New York Stock Exchange (NYSE) on Thursday (April 18). The stock debuted at $117 per share...

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Zopa CEO Doubts UK FinTechs Will Go Public This Year
Zopa CEO Doubts UK FinTechs Will Go Public This Year
April 15, 2024  |  IPO

British digital bank Zopa is profitable and getting closer to going public.  But CEO Jaidev Janardana told the Financial Times (FT) Monday (April 15) that while the company...

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‘Handful’ of AI Firms Weighing Stock Market Listings
‘Handful’ of AI Firms Weighing Stock Market Listings
April 10, 2024  |  artificial intelligence

A New York Stock Exchange executive says multiple artificial intelligence (AI) startups are exploring going public.  “I’d say that the majority of the companies that...

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From Kathmandu to AI Frontiers: Fusemachines CEO’s Path to Tech
From Kathmandu to AI Frontiers: Fusemachines CEO’s Path to Tech
April 09, 2024  |  artificial intelligence

Growing up in Kathmandu, Nepal, Sameer Maskey did not experience the internet until the age of 19. Yet 15 years after that first encounter, he...

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Corporate Wellness Platform Gympass Rebrands as Wellhub, Prepares for IPO
Corporate Wellness Platform Gympass Rebrands as Wellhub, Prepares for IPO
April 04, 2024  |  IPO

Corporate wellness platform Gympass rebranded as Wellhub to reflect its expanding range of services. Previously focused on gym memberships, the platform now has partners in the fields...

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As Chime Mulls IPO, Neobanks Grapple With Uneven Profitability
As Chime Mulls IPO, Neobanks Grapple With Uneven Profitability
March 26, 2024  |  Digital Banking

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...

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Will Bumper Crop of IPOs Take Cue From Busted FinTech Offerings?
Will Bumper Crop of IPOs Take Cue From Busted FinTech Offerings?
March 20, 2024  |  IPO

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...

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Citigroup Sees Renewed Interest in M&A, IPOs
Citigroup Sees Renewed Interest in M&A, IPOs
March 19, 2024  |  Business

The EMEA DisrupTech conference in London, convened by Citigroup, reportedly spotlighted the burgeoning environment for mergers and acquisitions (M&A) in 2024. The event assembled 48...

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