2 Fintech Startups Prep IPOs That Could Net $400M Combined
Law360 (May 18, 2021, 7:09 PM EDT) -- Payment processor Flywire set a price range Tuesday on an estimated $200 million initial public offering, represented by Gunderson Dettmer, joining electronic billing platform Paymentus among fintech startups that are launching plans to go public next week.
Flywire Corp. told regulators that it plans to offer 8.7 million shares priced between $22 and $24, raising $200 million at midpoint. The disclosure came one day after Paymentus Holdings Inc. revealed plans for a similar-sized IPO. Paymentus, advised by Wilson Sonsini, planned to offer 10 million shares priced between $19 and $21, also raising $200 million at midpoint.
Both offerings are set to...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!