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

Ant Group’s Planned IPO Could Raise A Record $35B
Ant Group’s Planned IPO Could Raise A Record $35B
September 21, 2020  |  IPO

Ant Group, the online payment provider for China-based Alibaba Group Holding Ltd., is seeking a record return of at least $35 billion as it goes...

READ MORE >
This Week In Payments: Snowflake’s Supersized IPO, Alternative Credit’s Popularity Explodes And Instant Payments’ Steady Expansion
This Week In Payments: Snowflake’s Supersized IPO, Alternative Credit’s Popularity Explodes And Instant Payments’ Steady...
September 18, 2020  |  News

This week saw cloud-storage software maker Snowflake’s initial public offering (IPO) pop an unprecedented 111 percent, Swedish-based alt-credit provider Klarna’s valuation hit $10 billion and instant disbursements...

READ MORE >
Telehealth Firm Amwell Goes Public; Shares Spike 28 Pct
Telehealth Firm Amwell Goes Public; Shares Spike 28 Pct
September 17, 2020  |  Healthcare

With telehealth exploding in popularity, Amwell went public Thursday (Sept. 17) and saw shares up 28 percent at closing, according to CNBC. Despite the rapid-fire...

READ MORE >
Mortgage Lender LoanDepot Looks Toward $15B IPO
Mortgage Lender LoanDepot Looks Toward $15B IPO
September 17, 2020  |  IPO

Five years after LoanDepot ditched plans to go public, the California-based lender, now worth as much as $15 billion, is giving the idea a second look. The...

READ MORE >
Today In Payments Around The World: Delivery Hero Buys Glovo’s LATAM Operations; Telefónica Teams With Rakuten For OpenRAN
Today In Payments Around The World: Delivery Hero Buys Glovo’s LATAM Operations; Telefónica Teams With...
September 17, 2020  |  News

In today’s top news in payments around the world, Delivery Hero said it has acquired Glovo’s Latin America operations, and Telefónica is teaming with Rakuten...

READ MORE >
Snowflake’s Stock More Than Doubles Following IPO
Snowflake’s Stock More Than Doubles Following IPO
September 16, 2020  |  IPO

Shares of Snowflake Inc. more than doubled on their first day of trading Wednesday (Sept. 16) as banks and investors embrace cloud-based payment solutions amid COVID-19. Snowflake...

READ MORE >
Online Home Seller Opendoor To Go Public Via $4.8B SPAC Deal
Online Home Seller Opendoor To Go Public Via $4.8B SPAC Deal
September 15, 2020  |  IPO

Real estate platform Opendoor is set to go public via a merger with blank-check company Social Capital Hedosophia II in a deal that will value...

READ MORE >
Hot In The States, SPACs Might Have Global Appeal
Hot In The States, SPACs Might Have Global Appeal
September 14, 2020  |  IPO

Amid a red-hot IPO market here in the United States, some of the most incandescent new listings have come from special-purpose acquisition companies (SPACs). To...

READ MORE >
SoftBank Considers Going Private After Asset Sales, Report Says
SoftBank Considers Going Private After Asset Sales, Report Says
September 13, 2020  |  Investments

Talks have been revived for SoftBank to take itself private amid a series of disappointments to the company’s equity valuation compared to the value of...

READ MORE >