Ant Financial — the Alibaba affiliate firm that runs the Alipay platform — is “closer to an initial public offering” but as of yet has not set a timetable for the event. A person close to the situation had previously estimated 2017 as the date the trigger would...
A Chinese firm, Shanghai Paipaidai Financial Information Service Co., or Ppdai.com, has been aiming to list on public markets in the United States, The Wall Street Journal reported Tuesday (Oct. 18). That debut could come as early as the second half of 2017. The company...
Fintech companies in Europe are retreating from IPOs in the post-Brexit aftermath. Many are wondering whether it is worth turning to public markets when interest rates are so low. Misys has cut its valuation by £1 billion.
First Data went public — for the second time — on October 15, 2016. Karen Webster thought it would be fun to catch up with Frank Bisignano, First Data’s CEO, to get his perspective on the first year in the glare of the public market...
Is Pinterest getting ready for an IPO? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree...
People love dogs. Not all people, but a lot of people. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing...
There’s been a dearth of IPOs this year — so much so that 2016 will go down as a banner year of less than plenty for investment bankers who rely on fees from this corner of the market, depressed as it is to a multi-decade...
Nets, the Denmark-based card payment services company, has reportedly set the price range for its initial public offering. According to a report by Reuters, the price range for its previously announced IPO values the company at as much as $4.8 billion, which is close to double...
