Nasdaq news and trends

‘Down Rounds’ and Declining Valuations Signal Bumpy Road for FinTech IPO Index
IPO // November 13, 2023

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 four dozen names that seek to disrupt and foment innovation in everything from mortgage lending to buy now, pay later...

Report: Instacart to Make IPO Plans Public in Coming Week
IPO // August 18, 2023

Online grocery marketplace Instacart is reportedly gearing up for an initial public offering (IPO) as early as September. The firm is anticipated to make its IPO plans public by filing with the US Securities and Exchange Commission (SEC) in the coming week, Bloomberg reported Friday (Aug. 18), citing unnamed...

BNPL Platform Sezzle Starts Trading on Nasdaq
Payment Methods // August 17, 2023

Sezzle, the digital payments platform, started trading on Nasdaq on Thursday (Aug. 17), according to the company. To kick off the occasion, Sezzle executives rang the opening bell to start trading for the day at 9 a.m. ET. In an email to PYMNTS, the company...

Regional Banks Report Stable or Higher Deposits
Banking // July 21, 2023

Regional banks are still facing a variety of pressures, but in terms of deposits they are doing better than they were three months ago. Second-quarter results released this week showed that many regional lenders’ deposits were stable or higher than they were in the first...

Interviews & Exclusives
Opendoor’s Plunge Leads 9% Drop in FinTech IPO Index

September 22, 2022
A banner week — but just not in the direction investors would have hoped. Macro-economic concerns dominated market mindsets these past several sessions, and worries about interest rates in particular — spiking sharply to the upside as the Fed put in another jumbo-sized rate hike. To that end, the FinTech IPO Index slipped by 9.1% […]

Brazilian Super App Inter Sees Nasdaq Listing as Springboard to US Consumers

June 24, 2022
The super app offers a digital front door for a range of activities — from banking and investing to insurance, peer-to-peer (P2P) and beyond. In an interview with PYMNTS’ Karen...

Nubank’s Debut, Grab’s Slump Dominate Year-End Listings as 2021 IPOs Limp to the Finish Line

December 09, 2021
By all accounts 2021 stands as a strong year for equities. We’re two weeks away from the end of a volatile 12-month span that, at this writing, has seen the...

Marqeta’s CEO: From Digital Card Issuance (At Scale) To IPO … And What’s Next

June 10, 2021
From problem solver, at scale, to new listing on the Nasdaq. Marqeta, the FinTech that helps businesses issue their own credit, debit and prepaid cards, went public on Wednesday (June...

Quick Reads
Zilch Considering IPO in 2025, Talking With IPO Venues

March 15, 2024
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), Zilch CEO Philip Belamant told Bloomberg, per a report posted Friday (March 15). Belamant […]

Report: Instacart to Make IPO Plans Public in Coming Week

August 18, 2023
Online grocery marketplace Instacart is reportedly gearing up for an initial public offering (IPO) as early as September. The firm is anticipated to make its IPO plans public by filing with the...

BNPL Platform Sezzle Starts Trading on Nasdaq

August 17, 2023
Sezzle, the digital payments platform, started trading on Nasdaq on Thursday (Aug. 17), according to the company. To kick off the occasion, Sezzle executives rang the opening bell to start...

Regional Banks Report Stable or Higher Deposits

July 21, 2023
Regional banks are still facing a variety of pressures, but in terms of deposits they are doing better than they were three months ago. Second-quarter results released this week showed...