Fintech IPOs Are Back
November 18, 2020
| By: deBanked Staff
Fintech IPOs are back. Affirm, a fintech company whose platform offers “a point-of-sale payment solution for consumers, merchant commerce solutions, and a consumer-focused app,” is the latest company to file for an IPO.
Affirm’s S-1 was filed earlier today, revealing that they intend to raise $100 million. The company generated $509M in net revenue during its fiscal year ending June 30 and a net loss of $112 million.
| Fintech | Date Filed | Date Public | Amount Raised |
| Affirm | 11/18/20 | ||
| Upstart | 11/6/20 | ||
| Lufax | 10/8/20 | 10/30/20 | $2.36B |
| Ant Group | 8/25/20 | Delayed |
Unrelated to fintech, but still “tech” are pending IPOs for DoorDash and Airbnb.
Last modified: November 18, 2020
