TechDay US - America's technology news network

Initial Public Offering (IPO) Stories

American Stories

Initial Public Offering (IPO) stories

Wealthfront hits record revenue but swings to heavy loss
Fintech

Wealthfront hits record revenue but swings to heavy loss

Wealthfront posts record revenue and assets but plunges to GAAP loss after IPO-linked stock-based pay drives expenses sharply higher.

By Karen Joy Bacudo • 4 min read • Sat, 14th Mar 2026

Global Stories

Initial Public Offering (IPO) stories

OpenPayd to go public in USD $1.145 billion SPAC deal
Crypto

OpenPayd to go public in USD $1.145 billion SPAC deal

The merger could give OpenPayd up to USD $276 million to fund US expansion and product work as it prepares a Nasdaq listing.

By Karen Joy Bacudo • 4 min read • Last week
Europe startups still rely on US cloud & AI giants
Artificial Intelligence

Europe startups still rely on US cloud & AI giants

A new survey suggests Europe's startups still depend on US cloud and AI providers, as capital gaps and acquisition hopes persist.

By Joseph Gabriel Lagonsin • 5 min read • Last week
Avalara names Hugo Sarrazin as Chief Executive Officer
Digital Transformation

Avalara names Hugo Sarrazin as Chief Executive Officer

The tax software group is betting on AI-driven growth as founder Scott McFarlane shifts into an advisory role and a new Chief Executive Officer takes over.

By Joseph Gabriel Lagonsin • 3 min read • Last month
Skillable names Brian Barnum chief financial officer
Software-as-a-Service

Skillable names Brian Barnum chief financial officer

The software group is reshaping its senior team as it seeks faster growth across virtual labs, training and AI-related services.

By Joseph Gabriel Lagonsin • 5 min read • Last month
Snowflake ecosystem startups draw USD $113 billion
Data Analytics

Snowflake ecosystem startups draw USD $113 billion

Investors are concentrating on AI data and governance startups, with funding in the Snowflake partner ecosystem now skewed towards fewer, larger rounds.

By Sofiah Nichole Salivio • 4 min read • Last month
Crescendo appoints Will Newman as Vice President, EMEA
Customer Experience

Crescendo appoints Will Newman as Vice President, EMEA

The hire signals a fresh push to win corporate spending on AI customer service tools as Crescendo scales across Europe, the Middle East and Africa.

By Sofiah Nichole Salivio • 3 min read • Last month
PagerDuty appoints John DiLullo as chief executive officer
Software-as-a-Service

PagerDuty appoints John DiLullo as chief executive officer

The handover comes as PagerDuty seeks to build on stabilising retention, accelerating new business and momentum in its AI-first operations cloud.

By Joseph Gabriel Lagonsin • 4 min read • Last month
Bitget adds OpenAI-linked preOPAI to IPO Prime platform
Blockchain

Bitget adds OpenAI-linked preOPAI to IPO Prime platform

Retail traders can now gain tokenised exposure to OpenAI for as little as USD $100, as Bitget expands its IPO Prime offering.

By Sofiah Nichole Salivio • 4 min read • Last month
Skeleton raises €33m ahead of US IPO plans in 2027
DataCentre infrastructure

Skeleton raises €33m ahead of US IPO plans in 2027

Rising power constraints at AI data centres are driving demand for Skeleton’s storage systems as it gears up for a US listing in 2027.

By Karen Joy Bacudo • 5 min read • Last month
Cora Capital closes C$3.5 million financing for Tiger merger
Fintech

Cora Capital closes C$3.5 million financing for Tiger merger

The deal advances Tiger Financial's route to a Canadian listing, after Cora Capital raised C$3.5 million to fund the merger process.

By Karen Joy Bacudo • 4 min read • Last month
Bitget launches IPO Prime with SpaceX-linked pre-sale
Space Technologies

Bitget launches IPO Prime with SpaceX-linked pre-sale

Retail investors can now buy into pre-IPO exposure to SpaceX through a tokenised product as exchanges seek new fee streams.

By Karen Joy Bacudo • 4 min read • Mon, 13th Apr 2026
Diverging paths: Monzo quits, Revolut hunts US charter
Disaster Recovery

Diverging paths: Monzo quits, Revolut hunts US charter

Monzo's retreat from America will close customer accounts by June, while Revolut is seeking direct access to deposits and loans in the US.

By Karen Joy Bacudo • 5 min read • Wed, 8th Apr 2026
Kong hires Bruce Felt as Finance Chief for growth push
Software-as-a-Service

Kong hires Bruce Felt as Finance Chief for growth push

Kong hires veteran finance chief Bruce Felt, whose record of steering three software groups to IPOs bolsters its expansion in API and AI tools.

By Mark Tarre • 3 min read • Wed, 25th Mar 2026

Stories from Other Regions

Initial Public Offering (IPO) stories

Regnosys backs UK fintech funding but urges infra reform
Digital Transformation

Regnosys backs UK fintech funding but urges infra reform

Extra government support may help UK fintech scale, but firms still face costly reporting and compliance frictions, Leo Labeis said.

By Shannon Williams • 4 min read • Thu, 23rd Apr 2026
Openmarkets appoints David Jenkins to lead DeFi push
Crypto

Openmarkets appoints David Jenkins to lead DeFi push

The hire strengthens Openmarkets' bid to link trading systems with decentralised finance as it expands crypto and tokenised asset products.

By Mark Tarre • 3 min read • Mon, 30th Mar 2026
AI pressure rises as Australian startups face cash crunch
Digital Transformation

AI pressure rises as Australian startups face cash crunch

Australian startups face cash squeeze as AI hype drives costly pivots, shorter runway and delayed IPO plans, Carta research finds.

By Sean Mitchell • 4 min read • Tue, 17th Mar 2026