IPO Funding Round for Reykjavik-based Fintech Company

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Financial Details

Asking Price:
$200,000,000
Cash Flow / SDE:
$2,000,000,000
Profit Metric:
Valuation
Valuation Multiple:
0.1x
Location:
Reykjavik, IS
Source:
Date:
September 16, 2025

Key Highlights

Seeking $200M equity investment for a planned IPO in May 2024.
Company valuation projected at $2 Billion for the public offering.
Strategic partnership with the stock exchange for a smooth listing process.

Description

This listing details a significant capital raise opportunity for a Reykjavik-based company preparing for an Initial Public Offering (IPO). The company is targeting a stock market listing in Q2 2024, with an IPO launch planned for January. The objective is to raise $200,000,000 in equity, based on a projected company valuation of $2,000,000,000. A key aspect of this offering is the company's established partnership with the stock exchange, ensuring close collaboration for the listing process. While the primary focus is on securing investment for the IPO, the company expresses an open-door policy for potential strategic discussions. This opportunity is for equity investment towards a public offering, not the sale of an existing operating business.

Industry Information

Industry Description:
Banking / Fintech / Payments
Classification:
Financial Services

Real Estate & Lease

Status:
Not_included

Listing Details

Listing ID:
84ebcd8d-1bd4-46fb-b9ba-58bbe2b58d02
Deal Status:
For Sale
Date Posted:
September 21, 2023
Last Updated:
September 16, 2025
Currency:
USD