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FinTech Payment Firm Nuvei Files IPO In Canada

PYMNTS

If approved by the Canadian Securities Administrators (CSA), the country’s equivalent of the U.S. Securities and Exchange Commission, the stock would be listed on the Toronto Stock Exchange under the “NVEI” ticker. and RBC Capital Markets. The company said it plans to use net proceeds from the offering to repay debt.

Payments 229
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BigCommerce Increases IPO Pricing Window To $21-$23 Per Share

PYMNTS

Securities and Exchange Commission (SEC). BigCommerce Holdings, which was started in 2003 and is based in Austin, Texas, registered $120 million in revenue for the 12-month period that concluded on March 31. The bookrunners on the arrangement are Barclays, KeyBanc Capital Markets, Jefferies and Morgan Stanley.

Austin 164
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Ant Group $34B Record IPO Means Big Payday For Jack Ma

PYMNTS

Morgan Chase, Morgan Stanley and China International Capital Corp led the Hong Kong share sale. CICC and China Securities Co. He then created Alipay in 2003, which is Ant’s most visible unit. In Hong Kong, for example, about $198 million could potentially be collected in underwriter fees, according to a filing, per the WSJ.

Groups 136
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IPOs On Pause As Gov’t Shutdown Drags On

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The Wall Street Journal reported that the partial closure of the Securities and Exchange Commission (SEC) is to blame for the delay, with companies including Gossamer Bio, Alector and Blackstone Group LP’s Alight Solutions putting planned IPOs on hold for this month. Data shows that an average of about three dozen companies go public on U.S.

Capital 169
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Fintech Hall of Fame: The Top Digital Innovations in Financial Services

Fintech Labs Insights

Innovations from 1995 to 2014 (with launch dates) Note: Ranking as of Jan 2014 Wells Fargo is first in the world to offer Web-statement access (launched May 1995) Security First Network Bank launches first full-service Internet bank brand (Oct 1995, disbanded 2002) PayPal launches first online optimized payment system (Nov 1999, bought by eBay in 2003) (..)

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ID Experts Light Up Portland

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Early in August, The Oregonian reported that a private equity firm had paid more than $50 million to acquire Tigard-based ID Experts, a cybersecurity firm founded in 2003. The new owners of ID Experts are Peloton Equity and Trident Capital. The capital Radar raised will be spent on technology, sales and marketing.

Portland 100
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Deep Dive: The Latest Initiatives To Expand Mobile IDs

PYMNTS

Mobile devices enable fast and secure access to services, many of which are solely available online. Personal electronics manufacturer Samsung is also looking at mobile digital ID solutions with its Nexsign tool, which verifies users’ identities with biometrics, rather than easily breached or forgotten passwords and security questions.

Mobile 108