On Monday, Lending Club explained to retail investors how they could participate in their upcoming IPO. They did not choose...
The Wall Street Journal reported late yesterday that Affirm has started to prepare for an IPO that could value the...
Jianpu listed on the NYSE on November 16th under code JT; it is the fourth fintech company to IPO in the US in the second half of 2017; others included Quidian, Hexindai and PPDAI; Jianpu is a subsidiary of Rong360 and has an active user base of 95.8 million; the platform has provided 170,000 financial products in more than 350 cities. Source
Two weeks ago I wrote about China Rapid Finance and their plans to go public. I shared information about their...
Leading fintech lender Upstart went public on Nasdaq today (ticker: UPST) in a successful IPO that saw the company raise...
PPDAI plans to raise up to $350 million in their IPO and list on the NYSE. Source
According to The Times, sources say Funding Circle is in no hurry to do an IPO, but if the markets continue to be favorable they may go public in the second half of the year; article also shares the potential in their US business where they have much less brand awareness compared to the UK; there are some concerns from clients and investors that the company has not yet been through a recession as they look at an IPO; Funding Circle currently has 850 employees and last raised £82 million at a £990 million valuation. Source
Today marks the one year anniversary of Lending Club’s IPO. It was on December 11, 2014 that Lending Club went...
ZhongAn Insurance started trading on the Hong Kong stock exchange on Thursday; the story shares how popular ZhongAn’s IPO was, why ZhongAn is so successful, what the market’s different perspectives are and what’s the broader context of China’s fintech boom. Source
Happy New Year everyone. As I do every year at this time I make a few predictions for the year...