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Fintech firm Wealthfront seeks up to $2.05 billion valuation in US IPO
Yahoo Finance· 2025-12-02 11:32
Dec 2 (Reuters) - Automated digital wealth management firm Wealthfront is targeting a valuation of ​up to $2.05 billion in its U.S.‌ initial public offering, it said on Tuesday, becoming the latest to ‌test a trend of strong investor appetite for fintech listings. The Palo Alto, California-based company plans to raise as much as $485 million by selling 34.6 million shares, including stock offered ⁠by existing shareholders, ‌at a price range of $12 to $14 each. The U.S. IPO market has recovered after ‍a s ...
Fintech platform Wealthfront discloses higher 2025 revenue in US IPO filing
Yahoo Finance· 2025-09-29 20:51
By Prakhar Srivastava (Reuters) -Automated digital wealth management firm Wealthfront on Monday revealed a rise in 2025 revenue in its paperwork for a U.S. initial public offering, becoming the latest fintech firm to seek a listing and tap investor demand. The firm's filing revealed 2025 revenue of $308.9 million for the year ended January 31, up from $216.7 million a year earlier. The U.S. IPO market has regained momentum after a slowdown fueled by trade policy uncertainty, with fresh listings drawing ...