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

Top News in Payments: UK FCA Asks Banks To Explain High Overdraft Fees; Yandex Launches 15-Minute Grocery Delivery
Top News in Payments: UK FCA Asks Banks To Explain High Overdraft Fees; Yandex Launches...
January 28, 2020  |  News

In today’s top payments news, the U.K.’s Financial Conduct Authority (FCA) is questioning banks about a recent spike in overdraft fees, Yandex launches 15-minute grocery...

READ MORE >
Why Casper’s IPO May Join Ghosts Of Unicorns Past — Or Never To Be
Why Casper’s IPO May Join Ghosts Of Unicorns Past — Or Never To Be
January 28, 2020  |  IPO

For Casper Sleep, a billion dollar valuation amid an initial public offering (IPO) — and with it, vaunted “unicorn” status in the public markets —...

READ MORE >
Top News In Payments: Grubhub CEO Open To Deals; Chinese Consumers Shut Wallets In Face Of Coronavirus
Top News In Payments: Grubhub CEO Open To Deals; Chinese Consumers Shut Wallets In Face...
January 27, 2020  |  News

In today’s top payments news, Grubhub’s CEO says he is open to a merger, although no offers have been made yet, and Shanghai Disney Resort...

READ MORE >
Casper’s Unicorn Ambitions In Jeopardy After S-1 Filing
Casper’s Unicorn Ambitions In Jeopardy After S-1 Filing
January 27, 2020  |  Retail

eCommerce mattress merchant Casper Sleep Inc. forecasts that its initial public offering (IPO) valuation will be far under the approximate $1 billion it had for...

READ MORE >
Ripple Chief Teases Upcoming IPO
Ripple Chief Teases Upcoming IPO
January 24, 2020  |  Blockchain

Brad Garlinghouse, the CEO of Ripple, said that initial public offerings (IPOs) will start becoming more common in the fields of cryptocurrency and blockchain this...

READ MORE >
WeWork Unloads Business Software Company In Pursuit Of Profits
WeWork Unloads Business Software Company In Pursuit Of Profits
January 23, 2020  |  Partnerships / Acquisitions

WeWork has sold its business management software company Teem and also the minority stake it had in startup The Wing, to focus its business going...

READ MORE >
Jumia Counting On Services To Rebound From 70 Pct. Shares Drop
Jumia Counting On Services To Rebound From 70 Pct. Shares Drop
January 22, 2020  |  International

African unicorn Jumia, the first technology startup in Africa to list on the New York Stock Exchange (NYSE), is focused on becoming profitable after a...

READ MORE >
Global Blue Acquisition Capitalizes On Consumer X-Border Spend
Global Blue Acquisition Capitalizes On Consumer X-Border Spend
January 16, 2020  |  Acquiring

New day, new multi-billion-dollar deal within the payments space. To that end, Far Point Acquisition – which operates as a “blank check” company that focuses...

READ MORE >
Ant Financial Looks To Resurrect Stalled IPO
Ant Financial Looks To Resurrect Stalled IPO
January 16, 2020  |  IPO

China’s Ant Financial is in discussions with banks to resurrect plans for an initial public offering (IPO) that was shelved over a year ago, the Financial...

READ MORE >