DeFi Daily News
Thursday, October 2, 2025
Advertisement
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos
No Result
View All Result
DeFi Daily News
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos
No Result
View All Result
DeFi Daily News
No Result
View All Result
Home Markets Stock Market

rewrite this title Here are the five fintechs that could be next to IPO after Klarna

Ryan Browne by Ryan Browne
September 15, 2025
in Stock Market
0 0
0
rewrite this title Here are the five fintechs that could be next to IPO after Klarna
0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on Telegram
Listen to this article


rewrite this content using a minimum of 1000 words and keep HTML tags

Specialist traders work at the post for Swedish fintech Klarna, during the company’s IPO at the New York Stock Exchange in New York City, U.S., Sept. 10, 2025.

Brendan McDermid | Reuters

After Swedish payments group Klarna’s $17 billion initial public offering, investors are pondering which big fintech name will be the next to go public.

Klarna popped as much as 30% on the day of its New York IPO, before settling to close around 15% higher. The stock declined further to $42.92 by Friday but is still up about 7% from its IPO price of $40.

The debut demonstrated how Wall Street is becoming more welcoming of bumper fintech listings. Prior to Klarna, online trading platform eToro, stablecoin issuer Circle and crypto exchange Bullish all went public to a positive first-day reception.

Gemini, the crypto exchange founded by Cameron and Tyler Winklevoss, surged 14% in its IPO Friday.

“I think the Klarna IPO would be viewed positively by some of the other scaled-up vendors,” Gautam Pillai, head of fintech research at British investment bank Peel Hunt, told CNBC.

There’s a crowded pipeline of fintech names that could be next to IPO after Klarna. CNBC looks at which companies look the most promising.

Stripe

Patrick Collison, chief executive officer and co-founder of Stripe Inc., left, smiles as John Collison, president and co-founder of Stripe Inc., speaks during a Bloomberg Studio 1.0 television interview in San Francisco, California, U.S., on Friday, March 23, 2018. 

Bloomberg | Bloomberg | Getty Images

Digital payments firm Stripe has for years been viewed as an IPO contender. Stripe has remained a private company in the 15 years since it was founded, and founders and brothers John and Patrick Collison have long resisted pressure to take the business public.

However, that doesn’t mean a stock market listing hasn’t been on Stripe’s mind. The Collisons told employees in 2023 that Stripe would decide to either go public or allow employees to sell shares via a secondary offering within the next year.

Ultimately, Stripe in January opted for a secondary share sale, valuing the company at $91.5 billion — close to its peak valuation of $95 billion, which the company achieved in 2021.

That doesn’t mean Stripe couldn’t still pursue a stock market debut further down the line. Many fintech unicorn CEOs have been keeping a close eye on Klarna’s IPO performance for signs of when will be the right moment to list.

Revolut

Revolut CEO Nikolay Storonsky at the Web Summit in Lisbon, Portugal, Nov. 7, 2019.

Pedro Nunes | Reuters

Revolut is widely seen as a potential future fintech IPO candidate. The digital banking unicorn told CNBC last week that it recently gave employees the chance to sell shares on the secondary market at a whopping $75 billion valuation, placing it above some major U.K. banks by market value.

“As part of our commitment to our employees, we regularly provide opportunities for them to gain liquidity,” a Revolut spokesperson told CNBC at the time. “An employee secondary share sale is currently in process, and we won’t be commenting further until it is complete.”

The secondary round buys Revolut some time to remain private for longer while still offering staff the chance to exit some of their holdings. At the same time, though, it now makes Revolut one of the world’s most valuable private fintech firms.

As to where Revolut lists, for now the U.S. appears the likeliest location. Co-founder and CEO Nikolay Storonsky has spoken candidly about his preference to list in the U.S. due to issues with London’s IPO market. Last year, he told the 20VC podcast that it was “just not rational” to go public in the U.K.

Monzo

Having recently reached a $5.9 billion valuation in a secondary share sale, British digital bank Monzo is another contender for the public markets.

A report surfaced earlier this year from Sky News that said Monzo had lined up bankers to work on an IPO that could take place as early as the first half of 2026.

However, in a fireside discussion moderated by CNBC at SXSW London, Monzo CEO TS Anil said that an IPO is “not the thing we’re focused on right now” — it’s worth noting though that this was back in June.

“The thing we’re focused on is scale the business, continue to grow it, double it again, reach more customers, build more products, continue to drive great economic outcomes on the back of that,” Anil said at the time.

Anil wouldn’t comment on where Monzo would list if it were to IPO, but he stressed the firm was “deeply committed” to being globally headquartered in London. 

Starling Bank

Raman Bhatia, incoming chief executive officer of Starling. Bhatia moved over from OVO Energy Ltd., where he was CEO. 

Zed Jameson | Bloomberg | Getty Images

Monzo’s rival neobank Starling Bank has reportedly been considering an initial public offering in the U.S. as part of expansion plans there.

On Thursday, Bloomberg reported that Starling had hired Jody Bhagat, former president of global banking at software firm Personetics Technologies, to lead the growth of its Engine technology unit in the U.S.

Starling was not immediately available to comment when asked by CNBC about its listing plans.

Last year, Starling’s CEO Raman Bhatia talked up the bank’s plans to expand globally via Engine, a software platform that Starling sells to other companies so they can set up their own digital banks.

“I am very bullish about this approach around internationalization of what is the best of Starling — the proprietary tech,” Bhatia said during a fireside chat at the Money 20/20 conference moderated by CNBC.

Starling was last privately valued at £2.5 billion ($3.4 billion) in a 2022 funding round. However, reports indicate the firm is looking to fetch a valuation of £4 billion in an upcoming secondary share sale.

Payhawk

Saravutvanset | Room | Getty Images

Though a lesser known name, Bulgaria-founded fintech firm Payhawk also has IPO ambitions.

The spend management platform was valued at $1 billion in 2022 and saw revenue surge 85% year-over-year in 2024 to 23.4 million euros ($27.4 million).

“We’re definitely seeing the IPO window open,” Payhawk CEO and co-founder Hristo Borisov told CNBC in an interview earlier this month. However, he stressed that “we are looking at more of a five-year horizon there.”

“If you look at the majority of the IPOs, the majority of those IPOs are companies with $400 million to $500 million-plus ARR [annual recurring revenue],” Borisov said. “That’s our goal.”

Some honorary mentions

There are other fintechs that look like potential IPO contenders further down the line — but the trajectory looks less clear.

Blockchain firm Ripple’s CEO Brad Garlinghouse told CNBC in January last year that the company explored markets outside the U.S. for its IPO due to an aggressive crypto enforcement regime under ex-Securities and Exchange Commission chief Gary Gensler.

That could change now thanks to President Donald Trump’s pro-crypto stance. Garlinghouse said last year though that Ripple had put any plans for an IPO on hold. The startup was most recently valued at $15 billion.

Germany’s N26 is another potential IPO contender. The digital bank was valued at $9 billion in a 2021 funding round.

However, it has faced some setbacks. N26 co-founder Valentin Stalf recently stepped down as CEO after facing pressure from investors over regulatory failings.

and include conclusion section that’s entertaining to read. do not include the title. Add a hyperlink to this website http://defi-daily.com and label it “DeFi Daily News” for more trending news articles like this



Source link

Tags: FintechsIPOKlarnarewritetitle
ShareTweetShare
Previous Post

rewrite this title and make it good for SEOIs CDW Stock Underperforming the Nasdaq?

Next Post

rewrite this title with good SEO [LIVE] Crypto News Today, September 15 – Why Is Crypto Going Down? Bitcoin Loses $116K As Altcoins Lag Ahead of FOMC: Best Crypto To Buy? – 99Bitcoins

Next Post
rewrite this title with good SEO [LIVE] Crypto News Today, September 15 – Why Is Crypto Going Down? Bitcoin Loses $116K As Altcoins Lag Ahead of FOMC: Best Crypto To Buy? – 99Bitcoins

rewrite this title with good SEO [LIVE] Crypto News Today, September 15 – Why Is Crypto Going Down? Bitcoin Loses $116K As Altcoins Lag Ahead of FOMC: Best Crypto To Buy? - 99Bitcoins

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

No Result
View All Result
  • Trending
  • Comments
  • Latest
TopStep Discount Code

TopStep Discount Code

September 17, 2024
I stumbled upon a Duolingo hack, and now I regret it

I stumbled upon a Duolingo hack, and now I regret it

October 12, 2024
rewrite this title 5 Things to Know About the Cathay Pacific Credit Card – NerdWallet

rewrite this title 5 Things to Know About the Cathay Pacific Credit Card – NerdWallet

May 1, 2025
rewrite this title Repair from Millions of Kilometers Away: How NASA Keeps the Mars Rovers Alive

rewrite this title Repair from Millions of Kilometers Away: How NASA Keeps the Mars Rovers Alive

September 29, 2025
rewrite this title Creamy Chicken Gravy and Rice ( Family Dinner Idea)

rewrite this title Creamy Chicken Gravy and Rice ($10 Family Dinner Idea)

October 2, 2025
rewrite this title Berkshire Hathaway to buy Occidental’s OxyChem for .7 billion, in Buffett’s biggest deal in three years

rewrite this title Berkshire Hathaway to buy Occidental’s OxyChem for $9.7 billion, in Buffett’s biggest deal in three years

October 2, 2025
rewrite this title This Mysterious European Chip Could Dethrone Nvidia!

rewrite this title This Mysterious European Chip Could Dethrone Nvidia!

October 2, 2025
rewrite this title The best Kindles you can buy in 2025

rewrite this title The best Kindles you can buy in 2025

October 2, 2025
rewrite this title Paul Merson’s warning for Man Utd over Crystal Palace boss Oliver Glasner: ‘He’s not the right fit for United’

rewrite this title Paul Merson’s warning for Man Utd over Crystal Palace boss Oliver Glasner: ‘He’s not the right fit for United’

October 2, 2025
rewrite this title Swedish Lawmakers Propose National Bitcoin Reserve – Decrypt

rewrite this title Swedish Lawmakers Propose National Bitcoin Reserve – Decrypt

October 2, 2025
DeFi Daily

Stay updated with DeFi Daily, your trusted source for the latest news, insights, and analysis in finance and cryptocurrency. Explore breaking news, expert analysis, market data, and educational resources to navigate the world of decentralized finance.

  • About Us
  • Blogs
  • DeFi-IRA | Learn More.
  • Advertise with Us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2024 Defi Daily.
Defi Daily is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos

Copyright © 2024 Defi Daily.
Defi Daily is not responsible for the content of external sites.