Speaking in Davos at the World Economic Forum, the CEO of Ripple, Brad Garlinghouse, shared that an IPO would be...
On the heels of the Ant Financial IPO news earlier this week leading Chinese online wealth management platform Lufax is...
Nubank and Banco Inter are moving away from the local stock exchange, while other Brazilian fintechs skip the market altogether.
[Editor’s Note: This is a guest post by Brian Korn. He is the Co-Head of the Crowdfunding and Peer-to-Peer Lending...
More big news out of Lending Club this morning. I reported in May about Google’s investment in Lending Club that...
It has been a long time since OnDeck and LendingClub went public in the US; the shares of both companies are down significantly since that time; now Funding Circle is planning to go public as late autumn, but what is the right valuation for the company? Financial Times reviews Funding Circle’s business and the importance of whether investors value it as a finance or software business. Source
Today, Lending Club released an updated S-1 filing for its upcoming IPO. In this document is the long awaited confirmation...
SoftBank Vision Fund is considering a $500 million investment in the Hong Kong IPO of ZhongAn Insurance, Thomson Reuters’ publication IFR cited people close to the deal; the fund is likely to be a cornerstone investor in ZhongAn’s up to $1.5 billion IPO, which is expected to launch as early as Sept. 18; SoftBank and ZhongAn declined to comment when contacted by Reuters. Source
The Wall Street Journal reported late yesterday that Affirm has started to prepare for an IPO that could value the...
ZhongAn Insurance, China’s first internet-only insurer, raised $1.5 billion in its IPO; ZhongAn priced its 199.3 million new shares at HK$59.70 ($7.65) each, the top of a HK$53.70-HK$59.70 range; the IPO is the world’s first “insurtech” public offering. Source