Pine Labs may file for nearly $1 bn Nasdaq IPO by Oct end
October 11, 2021 2021-10-11 6:40Pine Labs may file for nearly $1 bn Nasdaq IPO by Oct end
Pine Labs may file for nearly $1 bn Nasdaq IPO by Oct end
Pine Labs, which is aiming for a $6 billion Nasdaq listing, is likely to file paperwork for its initial public offering by the end of this month, two people directly aware of the company’s plan said.
In September, Pine Labs raised $100 million from Invesco Developing Markets Fund, valuing the payments company at around $3 billion.
[Via]