JPMorgan Chase CEO Jamie Dimon said Tuesday (Oct. 8) that regulators in the U.S. and the U.K. have made it difficult for companies to go public. Speaking in a Bloomberg Television interview from London, Dimon said rising expenses from litigation and regulatory filings have contributed to...
Brazilian digital bank PicPay is reportedly planning to go public in the U.S. next year. The company is set to hire financial firms to help it with an initial primary offering in New York, Reuters reported Wednesday (Oct. 2), citing two sources familiar with the matter. The report...
A top Citigroup banker reportedly said that a handful of tech companies are considering going public on U.S. exchanges before the end of the year and that they could benefit from demand for high-growth stocks. Paul Abrahimzadeh, co-head of equity capital markets for North America at...
Nium is reportedly the latest company holding off on plans to go public. Prajit Nanu, CEO of the Singapore-based payments firm, told Bloomberg News in an interview late Sunday (Sept. 8) that Nium will instead focus on bolstering its workforce and expanding revenues, with an...
September 15, 2023
The FinTech IPO Index traded slightly lower, off 0.7%, as platforms led the group to the downside. But even with the dip, the Index itself is up slightly more than 35% year to date. OppFi shares sank 10%. Reuters reported coming into the month that Los Angeles Superior Court Judge Timothy Dillon “is expected to rule any […]
July 21, 2023
Toast shares got scorched in a week that saw the FinTech IPO Index give up 0.3%. And earnings season has yet to begin in earnest — at least for the...
June 23, 2023
Even some skyrocketing performers — up double digits — were not enough to boost the FinTech IPO Index. The pantheon lost 2.7%, despite rumors of deal-making, despite economic data that...
April 27, 2023
The FinTech IPO Index slid 5.45%, even as earnings season has yet to fully hit home in the sector. MoneyLion shares sank 29.7% through the past five sessions. The company said...
October 27, 2024
While this year hasn’t seen an initial public offering (IPO) rebound, the CEO of Nasdaq reportedly isn’t surprised. That’s according to a report Sunday (Oct. 27) by TechCrunch, citing Adena Friedman’s comments at a recent Axios event. She said that while the public markets have seen a banner year, not every company is benefiting, including […]
October 08, 2024
JPMorgan Chase CEO Jamie Dimon said Tuesday (Oct. 8) that regulators in the U.S. and the U.K. have made it difficult for companies to go public. Speaking in a Bloomberg Television...
October 02, 2024
Brazilian digital bank PicPay is reportedly planning to go public in the U.S. next year. The company is set to hire financial firms to help it with an initial primary offering in...
September 10, 2024
A top Citigroup banker reportedly said that a handful of tech companies are considering going public on U.S. exchanges before the end of the year and that they could benefit from...
