Ipo news and trends

FinTech IPO Index Up 3.8% as Lemonade Surges on UK Expansion

July 19, 2024
FinTech IPO Index
Klarna Reportedly Prepping for Possible 2025 US IPO
IPO // July 17, 2024

Klarna is reportedly weighing financial advisors for its U.S. initial public offering (IPO). Goldman Sachs, J.P. Morgan Chase and Morgan Stanley were the top contenders to advise the Swedish payments FinTech, the Financial Times (FT) reported Tuesday (July 16), citing sources familiar with the matter....

Goldman Sachs Unit Invests in Plaid, Databricks Company Stakes
Investments // July 15, 2024

Venture capital (VC) firm NEA has reportedly created a $540 million continuation vehicle that has drawn as investors Goldman Sachs Group’s alternatives unit, Industry Ventures, Pathway Capital Management and Goanna Capital. The transaction enables NEA to give its limited partners some liquidity at a time...

Report: StubHub Delays IPO Amid Unpredictable Market
IPO // July 12, 2024

StubHub has reportedly delayed its initial public offering (IPO) until at least September, joining several other companies that have done so because of an unpredictable market.  Before adjusting its timing, the company had filed confidentially with the Securities and Exchange Commission (SEC) and planned to make...

Revolut Chair Not Ready to Commit to Going Public in UK
Digital Banking // July 03, 2024

Revolut’s chair is not ready to commit to an initial public offering (IPO) in London. Speaking to the Financial Times (FT) Tuesday (July 2), Martin Gilbert praised pending changes to the rules for listing on the U.K. market. “All the moves [regulators] are making are good, they’re allowing founder-led...

Interviews & Exclusives
FinTech IPO Index Up 3.8% as Lemonade Surges on UK Expansion

July 19, 2024
Earnings season has yet to start making headlines and moving stocks in the FinTech IPO Index, but the overall group was up 3.8% through the week, and platforms were the prime movers. Lemonade shares surged more than 21%. In a Tuesday (July 16) announcement, Lemonade said that it had launched buildings and contents insurance in […]

FinTech IPO Index Gives Up 6.4% as Platforms Plummet Ahead of Earnings 

April 19, 2024
If there was a theme marking the past five days of trading, after the big banks reported earnings, and as the digital lenders that populate the FinTech IPO Index showed,...

Partnerships Dominate FinTech IPO Index News Ahead of Earnings

April 12, 2024
On Friday (April 12), big banks will weigh in with their latest quarterly results, kicking off earnings season in an official manner. JPMorgan, Wells Fargo and Citi will give insight into the trends tied...

FinTech IPO Index Up Slightly as nCino’s Gains Offset Huize’s Slide

March 29, 2024
Earning season’s set to begin in just a few weeks — but we’re still not quite done with, well, earnings season. The FinTech IPO Index was up 0.3% through the...

Quick Reads
Klarna Reportedly Prepping for Possible 2025 US IPO

July 17, 2024
Klarna is reportedly weighing financial advisors for its U.S. initial public offering (IPO). Goldman Sachs, J.P. Morgan Chase and Morgan Stanley were the top contenders to advise the Swedish payments FinTech, the Financial Times (FT) reported Tuesday (July 16), citing sources familiar with the matter. The company, a pioneer in the buy now, pay later […]

Goldman Sachs Unit Invests in Plaid, Databricks Company Stakes

July 15, 2024
Venture capital (VC) firm NEA has reportedly created a $540 million continuation vehicle that has drawn as investors Goldman Sachs Group’s alternatives unit, Industry Ventures, Pathway Capital Management and Goanna...

Report: StubHub Delays IPO Amid Unpredictable Market

July 12, 2024
StubHub has reportedly delayed its initial public offering (IPO) until at least September, joining several other companies that have done so because of an unpredictable market.  Before adjusting its timing,...

Revolut Chair Not Ready to Commit to Going Public in UK

July 03, 2024
Revolut’s chair is not ready to commit to an initial public offering (IPO) in London. Speaking to the Financial Times (FT) Tuesday (July 2), Martin Gilbert praised pending changes to the rules for listing...