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Tech: Trends and IPOs to watch in 2021 - Vimarsana News

Tech: Trends and IPOs to watch in 2021

FEW could have predicted the disruption wrought by the coronavirus in 2020. Indeed, when the virus first began to engulf the world last March, nobody was bold enough to forecast how the pandemic was about to become an accelerant for technologies and tech firms around the world. Crises tend to have a transformative effect on societies. Covid-19 merely helped accelerate changes that were already in the making from the rise and rise of e-commerce platforms such as Amazon.com, grocery delivery services such as DoorDash as well as digital payment platforms such as Square’s Cash App, PayPal’s V...

Asian Fintech Grab May Pursue US IPO - Vimarsana News

Asian Fintech Grab May Pursue US IPO

Asian Fintech Grab May Pursue US IPO Southeast Asian Fintech Grab may pursue an initial public offering (IPO) during 2021, according to a report. Fintech is expected to be a hot sector for initial public offers this year with two already being completed. Last week, Affirm (NASDAQ:AFRM) blew the doors off its IPO. Priced at $49 a share Affirm traded at nearly double ending the day at $97.24 a share. Affirm has traded as high as $137+ a share. Just prior to Affirm, fast-growing Fintech SoFi announced it would become public via a SPAC (special purpose acquisition company) – a popular path ...