Ipo/page/3 news and trends

Mexican Banking FinTech Klar Aims for 2026 IPO

November 03, 2024
Nasdaq CEO Expects IPOs to Pick Up Steam in 2025
IPO // 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...

FinTech IPO Comes Up Flat as Industry Processes New CFPB Rule 1033
IPO // October 25, 2024

For FinTechs in general, and the FinTech IPO Index in particular, this past week has been dominated by regulators, new rules related to data and disclosure, and legal wrangling in the courts. Shares of Sezzle surged 19.8% through the past five sessions, while Affirm lost...

ID.me Seeks $1.8 Valuation As ID Theft Threat Grows
Authentication // October 09, 2024

ID.me is reportedly aiming for a $1.8 billion valuation in a share sale. As Bloomberg News reported Tuesday (Oct. 8), sources close to the matter say the company itself is not selling the shares, but will let employees and early investors sell their shares. One...

Dimon Says Regulators Make It Difficult for Companies to Go Public
IPO // 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 interview from London, Dimon said rising expenses from litigation and regulatory filings have contributed to...

Interviews & Exclusives
FinTech IPO Comes Up Flat as Industry Processes New CFPB Rule 1033

October 25, 2024
For FinTechs in general, and the FinTech IPO Index in particular, this past week has been dominated by regulators, new rules related to data and disclosure, and legal wrangling in the courts. Shares of Sezzle surged 19.8% through the past five sessions, while Affirm lost 4.3% through the same time frame. As PYMNTS reported, the […]

FinTech IPO Index Breaks Even Despite Volatile Trading Week

September 13, 2024
Economic data remained the key driving force behind stocks this past week, and the FinTech IPO Index was no exception. But despite volatile trading action throughout the group, the Index...

Lending Platforms Results Mixed Ahead Of Rate Cuts; FinTech IPO Index Slips 3%

September 06, 2024
The just-completed shortened trading week heralds the beginning of Fall, and September’s here. September stands out as the month that will herald the first rate cut by the Federal Reserve...

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...

Quick Reads
Mexican Banking FinTech Klar Aims for 2026 IPO

November 03, 2024
Mexican FinTech Klar is reportedly aiming to go public at the end of 2026. Juan Sarmiento, the company’s vice president of finance, told Bloomberg News Saturday (Nov. 2) that Klar is eyeing annual run rate of $500 million as a target for its initial public offering (IPO), projecting that it will hit that number in […]

Nasdaq CEO Expects IPOs to Pick Up Steam in 2025

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...

ID.me Seeks $1.8 Valuation As ID Theft Threat Grows

October 09, 2024
ID.me is reportedly aiming for a $1.8 billion valuation in a share sale. As Bloomberg News reported Tuesday (Oct. 8), sources close to the matter say the company itself is...

Dimon Says Regulators Make It Difficult for Companies to Go Public

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...