Global investment organization EQT plans to acquire PropertyGuru Group Limited, a PropTech company operating in Singapore, Malaysia, Thailand and Vietnam. The companies entered into an agreement and plan of merger that values PropertyGuru at an equity value of about $1.1 billion, according to a Friday...
Spanish travel technology firm Hotelbeds is reportedly considering an initial public offering (IPO) next year, with plans to sell more than €1 billion (about $1.07 billion) worth of shares. The company is in talks with banks to lead the sale, Reuters reported Monday (Sept. 18), citing unnamed sources....
For FinTechs looking to go public, 2023 will not be the year of the SPAC stock listing. If they opt to go public at all, that is. As PYMNTS’ own data shows, the pace of SPAC deals slowed to the low single digits in most...
Tech stocks have had a reckoning in the past several days — a rally proved short lived, a blip. But the FinTech IPO Index managed to see at least some gains through the past five sessions. Slight gains, to be sure — the group was...
December 19, 2022
For FinTechs looking to go public, 2023 will not be the year of the SPAC stock listing. If they opt to go public at all, that is. As PYMNTS’ own data shows, the pace of SPAC deals slowed to the low single digits in most cases, most notably in payments, shopping and work-related verticals. To […]
September 11, 2024
Private equity firm EQT is reportedly looking to sell its majority stake in payments processor Banking Circle. EQT is aiming for a deal that would value Banking Circle at more than $2 billion, including debt, Reuters reported Wednesday (Sept. 11), citing unnamed sources. The firm and investment bankers have been talking with potential buyers, but there is […]
August 16, 2024
Global investment organization EQT plans to acquire PropertyGuru Group Limited, a PropTech company operating in Singapore, Malaysia, Thailand and Vietnam. The companies entered into an agreement and plan of merger...
September 18, 2023
Spanish travel technology firm Hotelbeds is reportedly considering an initial public offering (IPO) next year, with plans to sell more than €1 billion (about $1.07 billion) worth of shares. The company is...
