Fintech IPO
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Here are the five fintechs that could be next to IPO after Klarna
CNBC· 2025-09-15 06:21
Core Insights - Klarna's IPO at $17 billion has sparked interest in which fintech company will be next to go public [1] - Klarna's stock rose by 30% on its IPO day, closing 15% higher, and is currently up about 7% from its IPO price of $40 [2] - The positive reception of Klarna's IPO indicates a more welcoming environment for fintech listings on Wall Street [2] Klarna's IPO Impact - Klarna's successful debut has set a precedent for other fintech companies, with several firms like eToro, Circle, and Bullish also experiencing positive first-day receptions [2][3] - The performance of Klarna's IPO is being closely monitored by other fintech unicorns considering their own public offerings [6] Potential IPO Candidates - Stripe, valued at $91.5 billion, is a long-time IPO contender but opted for a secondary share sale in January 2023 [5] - Revolut recently allowed employees to sell shares at a valuation of $75 billion, positioning itself as a strong IPO candidate [7][8] - Monzo reached a valuation of $5.9 billion and is reportedly preparing for an IPO as early as the first half of 2026 [10] - Starling Bank is also considering an IPO in the U.S. as part of its expansion plans [13][15] - Payhawk, a Bulgarian fintech, is eyeing an IPO in the next five years, aiming for significant annual recurring revenue [17] Other Notable Mentions - Ripple has paused its IPO plans due to regulatory challenges but remains a potential candidate [18][19] - N26, valued at $9 billion, is also seen as a potential IPO contender but faces regulatory hurdles following leadership changes [19]
Chime prices IPO at $27 per share, valuing fintech company at $11.6 billion ahead of Nasdaq debut
CNBC· 2025-06-11 22:58
Company Overview - Chime priced its IPO at $27 per share, exceeding the expected range, which values the company at $11.6 billion [1] - The IPO raised approximately $700 million, with an additional $165 million in shares sold by existing investors [1] - The stock is set to begin trading under the ticker symbol CHYM [1] Industry Context - The IPO occurs after a prolonged freeze in the fintech IPO market due to rising interest rates and valuation resets, which kept many late-stage companies from going public [2] - The market is showing signs of recovery, as evidenced by eToro's 29% increase in its Nasdaq debut last month and Circle's positive market performance [2] - In contrast, online lender Klarna has postponed its IPO plans and reported significant quarterly losses last month [2]