ipo

Initial public offering or stock market launch is a type of public offering in which shares of a company are sold to institutional investors and usually also retail investors; an. IPO is underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges.

Source: nasdaq.com

Opendoor Leads Decliners as FinTech IPO Index Sheds 4.4%
Opendoor Leads Decliners as FinTech IPO Index Sheds 4.4%
February 23, 2023  |  IPO

The FinTech IPO Index was down 4.4% heading into the last few trading days of February. And as detailed earlier in the week, even though...

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Stripe Reportedly Looking to Raise $4 Billion Via Special Vehicle
Stripe Reportedly Looking to Raise $4 Billion Via Special Vehicle
February 23, 2023  |  Investments

Stripe is reportedly in the process of raising $4 billion from investors. Bloomberg reported Thursday (Feb. 23) that the payment platform is working with banks...

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Few Winners to Be Found Among FinTech IPOs Minted During Pandemic
Few Winners to Be Found Among FinTech IPOs Minted During Pandemic
February 22, 2023  |  Fintech Investments

For the FinTech IPO Index, it’s been a long journey — down. On a day that saw Nasdaq plunge 2.5%, and in a month that...

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IPO Market Had its Best Week in 15 Months
IPO Market Had its Best Week in 15 Months
February 17, 2023  |  IPO

The market for initial public offerings (IPOs) may be picking up. Reuters reported Friday (Feb. 17) that the week of Feb. 6 to Feb. 10 saw the...

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Nerdwallet, Upstart Lead Earnings Avalanche as FinTech IPO Index Gains 1%
Nerdwallet, Upstart Lead Earnings Avalanche as FinTech IPO Index Gains 1%
February 16, 2023  |  Stock Index

The earnings cavalcade continues. For the FinTech IPO Index, gainers battled declining stocks to a draw.  The overall Index inched up 1.2% through the past...

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Three Restaurant Groups Consider IPOs in First Half of 2023
Three Restaurant Groups Consider IPOs in First Half of 2023
February 06, 2023  |  IPO

Three restaurant groups are reportedly considering initial public offerings (IPOs). Cava Group said in a Monday (Feb. 6) press release that it has confidentially submitted a draft registration...

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FinTech IPO Index Surges 10.5% as SoFi Rallies on Loan Demand
FinTech IPO Index Surges 10.5% as SoFi Rallies on Loan Demand
February 03, 2023  |  Fintech Investments

Tech stocks roared back to life coming into a new month — and suddenly February looks a lot brighter than the beginning of this year...

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Stripe Nearing Fundraise Valuing It at $55B-$60B
Stripe Nearing Fundraise Valuing It at $55B-$60B
January 30, 2023  |  Platform Payments

Stripe is reportedly nearing a deal to raise $3 billion from its existing investors. The Information reported Monday (Jan. 30) that the deal would value...

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Stripe Punts Decision on IPO Till Next Year Amid Economic Gloom
Stripe Punts Decision on IPO Till Next Year Amid Economic Gloom
January 26, 2023  |  IPO

The public may soon be able to buy shares in payments processor Stripe. The Wall Street Journal (WSJ) reported Thursday (Jan. 26) that Stripe is...

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