Participation in IPO

Receiving applications for IPO Nu Holdings Ltd.

Deadline for accepting applications: 2021-12-07 20:00 MSK

NuBank (ticker: NU.US) will have its initial public offering on the NYSE exchange on the 8th of December. The IPO is expected to go public in early December. The Brazilian entity is primarily known for its bank NuBank, which is one of the largest neo-banks in the world that focuses on online services without physical locations.

The company's potential post-IPO valuation could be $40 bn, with a current valuation of $30bn, making NuBank the most expensive digital bank in the world. Its closest competitor, the Swedish fintech startup Klarna was valued at $45.6bn in June 2021.

The company is one of the main innovators in the banking sector in Brazil. While many financial market players charge fees even for basic transactions, Nubank offers free services. The company started in 2013 by issuing credit cards with no fees, before gradually moving on to provide insurance, issue loans and offer savings accounts.

One of the bank's big investors is Berkshire Hathaway, which invested $500m in it this year. The bank now has more than 48m users, and has branches in other Latin American countries. On average, the company grows its customer base by 2 million new customers each month.

The organisation's growth prospects are high. More than 650 million people live in Latin America, many of whom are still unbanked. The potential market is estimated at $269 billion. A positive factor for development is legislation that is loyal to the fintech sector.

Receiving applications for IPO HashiCorp, Inc

Deadline for accepting applications: 2021-12-07 20:00 MSK

HashiCorp, Inc. (HCP) is a cloud infrastructure management platform company. The company offers products: Terraform (IT infrastructure configuration and management), Vault (data management and protection), Consul (network automation), Nomad (application deployment and management), etc. The company's client base at the end of July 2021 consisted of about 2,100 clients including Fox, General Motors, GitHub, and Stripe. The retention rate was 124%.

Receiving applications for IPO Samsara Inc.

Deadline for accepting applications: 2021-12-14 20:00 MSK

Samsara Inc. (IOT) is a developer of Connected Operations Cloud technology, which enables organizations dependent on physical operations to use IoT data to generate actionable business ideas and improve operations. The company offers its solution to companies from various industries, from transport and logistics to healthcare and education.

Our clients participated in the following IPOs:

Total placements
5
Profitable over the 3 months period
0
Loss-making over the 3 months period
Average profit for 3 months
-

Previous IPOs

Ticker Company Snapshot Date IPO price Growth in 3 months
IOT_IPO Samsara Inc.
2021-12-14
0.00
-
NU_IPO Nu Holdings Ltd.
2021-12-07
0.00
-
HCP_IPO HashiCorp, Inc
2021-12-07
0.00
-
EXFY_IPO Expensify, Inc.
2021-11-08
27.00
-
RIVN_IPO Rivian
2021-11-08
78.00
-
Send