Renaissance Capital logo

UPST News

US IPO Weekly Recap: WISH not granted in week of otherwise stellar returns

WISH

In another active week for the IPO market, eight companies completed offerings, with the largest and most anticipated IPO, Wish (WISH), putting on an underwhelming performance. Surprisingly, this came alongside the best performing IPO of 2020...read more

Lending platform Upstart prices IPO at $20 low end

Upstart Holdings logo

Upstart Holdings, which operates an online consumer lending platform connecting banks and individuals, raised $240 million by offering 12 million shares (75% primary) at $20, the low end of the range of $20 to $22. Existing shareholder Third Point Ventures had...read more

US IPO Week Ahead: The IPO market makes a holiday WISH in a 6 IPO week

WISH

Updated Monday, 12/14. Six IPOs and five SPACs are scheduled to raise $2.8 billion in the week ahead as the IPO market starts to slow down before the holidays. Bargain e-commerce platform Wish (WISH) plans to raise $1.1...read more

Money trail: Lending platform Upstart sets terms for $252 million IPO

Upstart Holdings logo

Upstart Holdings, a leading cloud-based consumer lending platform, announced terms for its IPO on Friday. The San Mateo, CA-based company plans to raise $252 million by offering 12 million shares (25% insider) at a price range of $20 to $22. At the midpoint...read more