PAY News

Six IPOs raised $1.8 billion ahead of the short holiday week, joined by one direct listing and five SPACs. Returns bounced back after tumultuous trading earlier this month, with the week’s deals all finishing above issue. New filers began to flood the summer IPO pipeline, with 19 IPOs and eight SPACs submitting initial filings. Healthcare apparel brand FIGS...read more

Paymentus Holdings, a electronic billing platform provider, raised $210 million by offering 10 million shares at $21, the high end of the range of $19 to $21. New investors Capital World Investors and Franklin Advisors had each indicated on up to $30 million worth of shares in the offering, and the company had planned to raise an additional $50 million in a concurrent private...read more

Updated Monday, 5/24. Six IPOs are scheduled to raise $1.4 billion in the week ahead, joined by one direct listing.   Set to begin trading Wednesday, job marketplace ZipRecruiter (ZIP) plans to complete a direct listing on the NYSE, with an estimated market value at listing of more than $3 billion. ZipRecruiter operates an online job...read more

Paymentus Holdings, an electronic billing platform provider, announced terms for its IPO on Monday. The Redmond, WA-based company plans to raise $200 million by offering 10 million shares at a price range of $19 to $21. New investors Capital World Investors and Franklin Advisors each intend to purchase up to $30 million worth of shares in the offering, and the company...read more