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

FinTech Bankruptcies and Speedbumps Prove Digitization Offers No Straight Path to Viability
FinTech Bankruptcies and Speedbumps Prove Digitization Offers No Straight Path to Viability
December 18, 2023  |  Business

There’s no smooth sailing for corporates into the end of 2023. As 2023 becomes 2024, and as we spotlighted here, the pandemic era relief has...

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Report: Apex Plans to Go Public Following Scrapped SPAC
Report: Apex Plans to Go Public Following Scrapped SPAC
December 18, 2023  |  IPO

Apex FinTech has reportedly filed confidentially for an initial public offering (IPO). The Dallas-based clearing company had planned to go public through a special purpose...

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Indian eCommerce Company Udaan Notches $340 Million in Series E to Ready IPO
Indian eCommerce Company Udaan Notches $340 Million in Series E to Ready IPO
December 14, 2023  |  Investments

Indian B2B eCommerce firm Udaan has raised $340 million as it prepares to go public. The company plans to use the new funding to bolster its supply chain and...

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Spend Management Firm Pleo Names New CFO in Push for Profitability
Spend Management Firm Pleo Names New CFO in Push for Profitability
December 13, 2023  |  Personnel

Danish FinTech Pleo is reportedly expanding its executive team with a new chief financial officer. The naming of financial services veteran Soren Westh Lonning as...

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Report: Private Equity Groups Buying Back Firms After Weak IPOs
Report: Private Equity Groups Buying Back Firms After Weak IPOs
November 21, 2023  |  IPO

Amid a shaky IPO market, some public companies aren’t staying public that long. As the Financial Times (FT) reported Tuesday (Nov. 21), private equity firms...

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

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...

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Man Gets 16-Year Prison Sentence in Alibaba IPO Fraud Case
Man Gets 16-Year Prison Sentence in Alibaba IPO Fraud Case
November 10, 2023  |  Legal

A man was sentenced to nearly 16 years in prison for orchestrating a fraud related to Alibaba’s 2014 initial public offering (IPO). Frank Harold Rosenthal...

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Klaviyo Joins Other High-Profile IPOs Dipping Below Listing Price
Klaviyo Joins Other High-Profile IPOs Dipping Below Listing Price
October 20, 2023  |  IPO

Klaviyo’s stock has dipped below its listing price, the latest disappointment for the initial public offering (IPO) space. The marketing automation firm now joins a...

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Waystar Sees $15 Billion Market for Simplifying Healthcare Payments as It Preps for IPO
Waystar Sees $15 Billion Market for Simplifying Healthcare Payments as It Preps for IPO
October 18, 2023  |  IPO

Healthcare payments are awash in paper, marked by inefficiencies, creaky legacy systems and manual processes. Waystar leverages a cloud-based platform to improve what it terms...

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