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

FinTech Bankruptcies and Speedbumps Prove Digitization Offers No Straight Path to Viability

FinTech Bankruptcies and Speedbumps Prove Digitization Offers No Straight Path to Viability
FinTech Bankruptcies and Speedbumps Prove Digitization Offers No Straight Path to Viability
December 18, 2023  |  Business

There’s no smooth sailing for corporates into the end of 2023. As 2023 becomes 2024, and as we spotlighted here, the pandemic era relief has...

READ MORE >
Report: Apex Plans to Go Public Following Scrapped SPAC
Report: Apex Plans to Go Public Following Scrapped SPAC
December 18, 2023  |  IPO

Apex FinTech has reportedly filed confidentially for an initial public offering (IPO). The Dallas-based clearing company had planned to go public through a special purpose...

READ MORE >
Indian eCommerce Company Udaan Notches $340 Million in Series E to Ready IPO
Indian eCommerce Company Udaan Notches $340 Million in Series E to Ready IPO
December 14, 2023  |  Investments

Indian B2B eCommerce firm Udaan has raised $340 million as it prepares to go public. The company plans to use the new funding to bolster its supply chain and...

READ MORE >
Spend Management Firm Pleo Names New CFO in Push for Profitability
Spend Management Firm Pleo Names New CFO in Push for Profitability
December 13, 2023  |  Personnel

Danish FinTech Pleo is reportedly expanding its executive team with a new chief financial officer. The naming of financial services veteran Soren Westh Lonning as...

READ MORE >
Report: Private Equity Groups Buying Back Firms After Weak IPOs
Report: Private Equity Groups Buying Back Firms After Weak IPOs
November 21, 2023  |  IPO

Amid a shaky IPO market, some public companies aren’t staying public that long. As the Financial Times (FT) reported Tuesday (Nov. 21), private equity firms...

READ MORE >
‘Down Rounds’ and Declining Valuations Signal Bumpy Road for FinTech IPO Index
‘Down Rounds’ and Declining Valuations Signal Bumpy Road for FinTech IPO Index
November 13, 2023  |  IPO

The third quarter is newly in the rearview mirror. Earnings season still rolls on. The FinTech IPO Index, which chronicles the stock market performance of nearly...

READ MORE >
Man Gets 16-Year Prison Sentence in Alibaba IPO Fraud Case
Man Gets 16-Year Prison Sentence in Alibaba IPO Fraud Case
November 10, 2023  |  Legal & Regulation

A man was sentenced to nearly 16 years in prison for orchestrating a fraud related to Alibaba’s 2014 initial public offering (IPO). Frank Harold Rosenthal...

READ MORE >
Klaviyo Joins Other High-Profile IPOs Dipping Below Listing Price
Klaviyo Joins Other High-Profile IPOs Dipping Below Listing Price
October 20, 2023  |  IPO

Klaviyo’s stock has dipped below its listing price, the latest disappointment for the initial public offering (IPO) space. The marketing automation firm now joins a...

READ MORE >