IPO Funding Round for Reykjavik-based Fintech Company
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
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