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 Retail: Sezzle Canada Adds Walmart, Uber, More; Walmart Increases Driver Pay, Rolls out Private Fleet Program
Today in Retail: Sezzle Canada Adds Walmart, Uber, More; Walmart Increases Driver Pay, Rolls out...
April 07, 2022  |  Retail

Today in retail, Sezzle Canada expands its reach, while Walmart hands out pay raises to drivers. Plus, Wing begins drone delivery of medications and more,...

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FinTech IPO Index: Downtrend Continues Into Q2, Index Slides 5%
FinTech IPO Index: Downtrend Continues Into Q2, Index Slides 5%
April 07, 2022  |  IPO

No letup here … Fresh into a new quarter, the FinTech IPO Index continued its decline, having slipped 5% on the week, outpacing the roughly...

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Report: Walmart’s eCommerce Company Flipkart Delays IPO, Raises Valuation Target
Report: Walmart’s eCommerce Company Flipkart Delays IPO, Raises Valuation Target
April 07, 2022  |  Retail

Flipkart, Walmart’s India-based eCommerce company, has put its initial public offering (IPO) on hold as it raised the valuation target to between $60 billion and...

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Citigroup Temporarily Halts SPACs Awaiting Legal Clarity
Citigroup Temporarily Halts SPACs Awaiting Legal Clarity
April 05, 2022  |  SPAC

Citigroup is temporarily pulling the plug on public offerings with special purpose acquisition companies (SPACs) until it gets legal clarity about proposed legislation and what...

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FinTech IPO Tracker Wraps up 1Q Down 20% YTD
FinTech IPO Tracker Wraps up 1Q Down 20% YTD
March 31, 2022  |  IPO

Right into the end of the quarter, and year to date, it’s been rough sledding for the FinTech IPO Tracker. The headline numbers show that...

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GoTo Wins Approval for $1.1B IPO
GoTo Wins Approval for $1.1B IPO
March 31, 2022  |  IPO

The GoTo Group, which calls itself the largest digital ecosystem in Indonesia, has been given the green light to go public, the Jakarta-based company announced...

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Today in FinTech: Brazilian FinTech Cerc Readies IPO; Revolut Thinks Global; Fiserv, Finicity Share Data
Today in FinTech: Brazilian FinTech Cerc Readies IPO; Revolut Thinks Global; Fiserv, Finicity Share Data
March 30, 2022  |  Technology

In today’s FinTech news, Brazil’s FinTech Cerc is preparing to go public while Revolut is eyeing worldwide growth. Plus, Finicity and Finserv are collaborating to...

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Brazil FinTech Cerc Prepares IPO to Raise $100M
Brazil FinTech Cerc Prepares IPO to Raise $100M
March 30, 2022  |  IPO

Cerc, the Brazilian exchange receivables firm, is raising $100 million as the FinTech prepares an initial public offering (IPO), Reuters reported Tuesday (March 29). “We...

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SEC: Investors Can Sue Over Inaccurate SPAC Forecasts
SEC: Investors Can Sue Over Inaccurate SPAC Forecasts
March 29, 2022  |  SPAC

Special purpose acquisition company (SPAC) sponsors embellishing projections about the companies they’re taking public might be seeing harsher ramifications soon, according to a Tuesday (March...

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