Pintec Technology Holdings, which operates an online platform that enables merchants to offer financing in China, filed on Monday with the SEC to raise up to $70 million in an initial public offering.
The Beijing, China-based company was founded in 2015 and booked $117 million in revenue for the 12 months ended March 31, 2018. It plans to list on the Nasdaq under the symbol PT. Pintec Technology Holdings filed confidentially on December 13, 2017. Goldman Sachs (Asia), Deutsche Bank and Citi are the joint bookrunners on the deal. No pricing terms were disclosed.
