ELVT News
Archived Headlines
- Online lending platform Elevate Credit sets terms for $100 million IPO 03/27/17
- Fintech under fire: LendingClub and On Deck fall on earnings 05/10/16
- US IPO Weekly Recap: Zero-IPO January ends 51-month streak in activity 01/29/16
- Week ahead: Will 2016 see its first IPO? 01/22/16
- Non-prime online lender Elevate Credit delays $76 million IPO 01/21/16
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Venture Capital-backed IPOs: A look at Sequoia Capital
Sequoia Capital the is the largest shareholder of Chinese credit platform Jianpu Technology (JT), which begins trading on the NYSE on Thursday. The big kahuna of Silicon Valley has been the #1 investor of 6 US IPOs since 2015. While its three...read more
US IPO Weekly Recap: 3 high flying deals
This week saw a diverse group of four IPOs price to generally positive reactions, three had double-digit returns. Okta (OKTA) was the latest high-growth, high-loss software company to go public this year and like the others it had a stellar performance,...read more
Elevate Credit expects to price IPO at $6.50, well below the range
Elevate Credit, an online provider of loans and lines of credits to non-prime consumers, expects to raise $81 million by offering 12.4 million shares at $6.50. It originally planned to offer 7.7 million shares at a range of $12 to $14. Elevate Credit plans to...read more
US IPO Week Ahead: 5 deals follow a flurry of filings
Five IPOs are set to raise a combined $1.5 billion in the next week. Each company in this diverse group is targeting raising over $100 million. Two transportation companies are marketing the largest deals: Brazilian airline Azul is set to raise $478 million...read more