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

Today In Payments Around The World: Mynt Looks For Additional Funding; WeTrade Transfer From OTC Could Bring In $121 Million
Today In Payments Around The World: Mynt Looks For Additional Funding; WeTrade Transfer From OTC...
January 21, 2021  |  International

In today’s top payments news around the world, Mynt is reportedly seeking more funding following a $175 million round, while WeTrade Group is seeking to...

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TransferWise Appoints Goldman Sachs, Morgan Stanley For London IPO
TransferWise Appoints Goldman Sachs, Morgan Stanley For London IPO
January 21, 2021  |  IPO

British payments group TransferWise will file its anticipated initial public offering (IPO) with joint coordinators Goldman Sachs and Morgan Stanley, two of the biggest U.S....

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Today In Payments Around The World: ByteDance Rolls Out Mobile Payments For Douyin; Dunzo Lands $40M Investment
Today In Payments Around The World: ByteDance Rolls Out Mobile Payments For Douyin; Dunzo Lands...
January 20, 2021  |  International

In today’s top payments news around the world, ByteDance has launched a mobile payment offering for Douyin, while Dunzo is closing a $40 million Series...

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Chinese Tycoon Jack Ma Delivers Speech In First Public Appearance Since Ant IPO Pulled
Chinese Tycoon Jack Ma Delivers Speech In First Public Appearance Since Ant IPO Pulled
January 20, 2021  |  International

Chinese tycoon Jack Ma has resurfaced, giving a virtual speech to rural teachers in China after nearly three months out of the public eye, The...

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Goldman CEO Says SPAC Explosion ‘Unsustainable’
Goldman CEO Says SPAC Explosion ‘Unsustainable’
January 19, 2021  |  Partnerships / Acquisitions

Goldman Sachs CEO David Solomon said he doesn’t think the current special purpose acquisition company (SPAC) boom is sustainable, the Financial Times (FT) reported. Get...

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Today In Payments Around The World: UK To Make Firms Pay Small Businesses In 30 Days; Singapore’s Grab Considers US IPO
Today In Payments Around The World: UK To Make Firms Pay Small Businesses In 30...
January 19, 2021  |  News

In today’s top payments news around the world, the United Kingdom is looking to crack down on firms that take too long to pay suppliers,...

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In China, Investors Drain Mutual Funds Slated For Failed Ant IPO
In China, Investors Drain Mutual Funds Slated For Failed Ant IPO
January 19, 2021  |  IPO

The fallout from Ant Group’s failed initial public offering (IPO) continues, as millions of investors have piled out of five mutual funds that had pitched...

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Sequoia Could Put $7.2 Billion Into Auto1 With IPO Approaching
Sequoia Could Put $7.2 Billion Into Auto1 With IPO Approaching
January 18, 2021  |  Investments

Sequoia Capital has agreed to invest around 6 billion euros in Auto1 Group before the online car trading platform’s initial public offering (IPO), Bloomberg reported Monday (Sept....

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Deliveroo Valued At $7 Billion-Plus Ahead Of Potential IPO
Deliveroo Valued At $7 Billion-Plus Ahead Of Potential IPO
January 17, 2021  |  Investments

British delivery power-house Deliveroo said Sunday (Jan. 17) in an announcement that it has raised $180 million in new investments, which push its valuation to...

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