{"id":21351,"date":"2025-09-14T20:14:09","date_gmt":"2025-09-14T20:14:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/21351\/"},"modified":"2025-09-14T20:14:09","modified_gmt":"2025-09-14T20:14:09","slug":"ipo-market-enjoys-4-billion-rebound-amid-pent-up-demand","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/21351\/","title":{"rendered":"IPO Market Enjoys $4 Billion Rebound Amid ‘Pent-Up Demand’"},"content":{"rendered":"

As the Financial Times (FT) reported Saturday<\/a> (Sept. 13), seven large-cap companies went public last week, including buy now, pay later (BNPL) firm Klarna<\/a>, cryptocurrency exchange Gemini<\/a>, and blockchain platform Figure Technology Solutions<\/a>.<\/p>\n

These and other deals raised upwards of $4 billion, the report said, bolstering the hopes of bankers who have been waiting for an IPO rebound following\u00a0 a drought extended by tariff-related market upheaval<\/a>.<\/p>\n

\u201cIn addition to the relative stability requisite for a healthy IPO market, the pent-up demand from the sell side, the buy side, the founders and the private equity groups was real and almost aching,\u201d said Marc Jaffe<\/a>, New York office managing partner at the law firm Latham and Watkins<\/a>, which worked on four of last week\u2019s listings.<\/p>\n

The report also noted that the companies saw a generally positive reception. Figure jumped 28% while another company that listed, Black Rock Coffee Bar<\/a>, saw its shares climb 38%.<\/p>\n

\u201cOutcomes have been strong, and if this market backdrop holds, total U.S. IPO volumes are on track to exceed last year,\u201d Sumit Mukherjee<\/a>, head of equity capital markets, market intelligence, at JPMorgan, told the FT, adding that the IPO \u201cpipeline remains robust through September.\u201d<\/p>\n

Writing about Klarna\u2019s lPO last week, PYMNTS noted it was \u201cbiggest FinTech listing of 2025 and a landmark moment\u201d<\/a> for the BNPL sector, just as recent PYMNTS Intelligence reports throughout the past year detail why the \u201cpay later\u201d consumer is becoming a central force transforming retail, credit and payments.<\/p>\n

BNPL is now part of the mainstream, that report added, with 128 million American adults<\/a> using a pay\u2011later product from at least one alternative credit provider in the past 12 months. The implication here is that pay later \u201cis no longer niche; product, risk and marketing teams must plan for it as a primary tender,\u201d\u00a0PYMNTS wrote.<\/p>\n

Also last week, PYMNTS spoke with Todd Stevens<\/a>, chief capital officer for Figure, as his company\u2019s stock began to surge.<\/p>\n

The positive momentum from the start, he said, which raised about $787 million for the company, \u201ctells us that investors are very interested<\/a> in this possibly being a pivotal moment around companies adopting these types of technologies and really driving toward the future of capital markets \u2026 and how assets travel from buyer to seller.\u201d<\/p>\n

That future, Stevens added, includes Figure\u2019s blockchain-centric philosophy on lending and asset settlement. \u201cAll we\u2019re saying is our preferred method \u2014 and we think the market\u2019s coming along with this \u2014 is to do this across a blockchain rail,\u201d he said.<\/p>\n

\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"As the Financial Times (FT) reported Saturday (Sept. 13), seven large-cap companies went public last week, including buy…\n","protected":false},"author":2,"featured_media":21352,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[72,18813,227,4673,61,60,18412,123,43,18814,179,181],"class_list":{"0":"post-21351","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-markets","8":"tag-business","9":"tag-figure","10":"tag-figure-technology-solutions","11":"tag-fintech","12":"tag-ie","13":"tag-ireland","14":"tag-klarna","15":"tag-markets","16":"tag-news","17":"tag-public-listings","18":"tag-pymnts-news","19":"tag-whats-hot"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/21351","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=21351"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/21351\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/21352"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=21351"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=21351"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=21351"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}