IPOs

The neobank filed for an initial public offering on Tuesday shortly after announcing a new office lease in New York City.

The Swedish institution's New York listing, which was viewed as a sign of fintech's recovery, has been delayed due to market volatility.

A Plaid spokesperson said an IPO remains 'a milestone we're tracking toward' but it wouldn't happen this year.

Even though it's coming during a volatile period for the markets and economy, the cryptocurrency company's planned listing puts pressure on rivals and regulators.

As Klarna wins installment lending for the retail giant's OnePay app, rival Affirm seeks to downplay the loss.

The payment company's listing comes amid market and political volatility, but the Swedish firm has its strong recent financial performance and distribution deals with JPMorgan Chase and Walmart on its side.

The Swedish institution is best known in the U.S. for its buy/now pay later lending. Its New York listing will be a bellwether for the payments technology industry, which is recovering from a post-pandemic slump

The enhanced fintech partnership would build merchant scale, and selling U.K. and U.S. portfolios would free up cash.

Citigroup now operates Grupo Financiero Citi México and Grupo Financiero Banamex in Mexico. The New York-based bank is planning an initial public offering of Banamex as soon as regulators and market conditions allow for the public offering.

Buy now/pay later popularity has been on the rise as more consumers are turning to short-term installment lending to finance everyday purchases. The Swedish financier will find out if that momentum will be a winner with investors in the U.S.

The Swedish payments company ends months of speculation about whether Klarna would list. Analysts valued the company last month at about $14.6 billion.

Shareholder Chrysalis Investments increased the value of its stake to £120.6 million.

The JPMorgan Chase CEO said it's "odd" that there's been no commensurate rise in IPOs with the surge in public market valuations.

The environment for initial public offerings in the U.S. has surged since last September, and it's set to keep rising.

CI Financial Corp. outlined a plan to reduce debt and separate its US and Canadian businesses as the fund manager tries to rebuild investor confidence in its growth strategy.

The Pennsylvania banking company could use the proceeds from its initial public offering to pursue acquisitions.

Citigroup has begun the sales process for its consumer, small-business and middle-market banking divisions in Mexico, though an initial public offering remains on the table.

Starling Bank Ltd. is weighing plans for a fresh funding round that could value the U.K. challenger at around 2.5 billion pounds ($3.4 billion), according to people familiar with the matter.

The proceeds will support Silvergate’s network that facilitates cryptocurrency transactions and a leveraged lending product that provides loans collateralized by bitcoin.

Toast Inc., which helps restaurants handle payments, is seeking as much as $717 million in a U.S. initial public offering.