Posts Tagged ‘IPO’

SINA-backed Chinese fintech startup PINTEC files for $70m US IPO

Pintec Technology Holdings Ltd (PINTEC), a Chinese financial services technology platform, is looking to raise up to $70 million in anIPO on Nasdaq, according to an SEC filing. PINTEC offers solutions for point-of-sale financing, personal and business instalment loans, wealth management, and insurance. Read more

Adyen’s IPO starts strong as stock soars 70%, valuing Dutch fintech company at $14 billion

Netherlands-based Adyen’s IPO got an enthusiastic reception from investors, as its stock surged 70 percent on the first day of trading. The company had priced its stock at €240 ($281) per share on Tuesday, giving the company a valuation of $8.4 billion. When trading began on Euronext Amsterdam on Wednesday, the price rose to €400 […]

Adyen aims for a $1B IPO, valuing the payments startup at up to $8.3B when it lists on June 13

Netherlands-based payments startup Adyen, which competes against the likes of PayPal and Stripe to power payment services both to online and physical retailers, has published more details on its intention to go public. The company will be raising between €922 million and €947 million (approximately $1 billion and $1.1 billion) June 5-12, before it opens for […]

Canaan Mining Company Is Planning the Biggest Ever Blockchain IPO

Canaan Creative, China’s second-largest bitcoin miner, submitted its IPO application to the Stock Exchange of Hong Kong (HKEX). The Beijing-based miner has yet to comment on its plans, but sources say it seeks to raise between $1 billion and $2 billion. The company aims to start trading shares in Hong Kong by July. Its application is […]

GreenSky IPO: 5 things to know about the company seeking to end fintech IPO lull

GreenSky, which provides consumer loans that originate at the point-of-sale system, is expected to go public this week through an IPO that could value the company at more than $4 billion. The company, one of the largest fintech firms in the U.S., recently filed IPO paperwork and intends to sell some 34 million shares at […]

IPO market slows in 2018 on back of geopolitical uncertainty

IPO activity has been somewhat slow for the first quarter of 2018, in part on the back of market uncertainty at the start of the year. The Americas had a relatively strong showing, reflecting a number of mega-IPOs, such as PagSeguro Digital, which raised $2.3 billion, and ADT, which raised $1.5 billion. UK markets were […]

Swedish fintech group iZettle to seek $1.1bn valuation in IPO

Swedish payments company iZettle has fired the starting gun on what would be Europe’s biggest fintech IPO as it aims to raise SKr2bn by listing on Nasdaq Stockholm. JPMorgan and Carnegie have been appointed by iZettle to be joint global co-ordinators, with people involved in the process saying the company is hoping for a valuation of […]

Huge number of Chinese tech unicorns likely to IPO in Hong Kong in 2018, says JPMorgan Asia-Pacific chief

A huge number of Chinese technology unicorns are likely to launch initial public offerings in Hong Kong in the next 12 to 24 months, which could significantly boost liquidity in its capital market, according to Nicolas Aguzin, chairman and chief executive for Asia-Pacific at JPMorgan. A number of Chinese technology companies have already started talking to […]

Fintech Firm GreenSky Files for IPO

Financial-technology firm GreenSky Inc., a provider of point-of-sale financing and payments technology, disclosed plans to go public. The Atlanta company, which operates a lending platform that enables retailers, health-care providers and home contractors to offer loans to their customers, filed preliminary documents Friday for an initial public offering with the Securities and Exchange Commission. The filing […]