ZhongAn Insurance jumped 18 percent on debut after the biggest ever IPO by a fintech firm in Asia; ZhongAn CEO Jeffrey Chen says, the rarity of technology listings in Hong Kong gave ZhongAn’s IPO an extra appeal for investors looking to diversify their holdings; both Ant Financial and Lufax are considering IPOs in Hong Kong, according to sources. Source
PingAn, the insurance giant is preparing for their OneConnect unit to go public; the company is a financial management portal...
Peter Renton, Founder of Lend Academy and Co-Founder of LendIt shares his perspective on the likely fintech IPOs in 2018. Source
In a move that was not unexpected Prosper announced today that it will no longer update its loan data on a daily basis. Data...
The most anticipated fintech IPO in the UK is finally going to happen. Yesterday, small business lender Funding Circle filed...
The Wall Street Journal reports that Ant Financial is putting plans on hold to go public and will continue to invest in a wide variety of startups; Ant is one of the world’s most valuable fintech companies and last raised $4.5 billion in April 2016 giving it a $60 billion valuation; the firm is focused on expanding Alipay beyond the 70 countries it is used and deploying artificial intelligence technology. Source
Leading fintech lender Upstart went public on Nasdaq today (ticker: UPST) in a successful IPO that saw the company raise...
[Editor’s Note: This is a guest post by Brian Korn. He is the Co-Head of the Crowdfunding and Peer-to-Peer Lending...
[Editor’s note: Many people have been discussing Lending Club’s somewhat lofty valuation so I thought it would be useful to...
In late March, 2017 we learned that Chinese online lender China Rapid Finance filed to go public, hoping to raise...