#ipo-postponement

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#market-volatility #digital-payments #geopolitical-tensions #fintech-valuation #mobile-payments
European startups
fromTechCrunch
5 days ago

Walmart-backed PhonePe shelves IPO as global tensions rattle markets | TechCrunch

PhonePe pauses its IPO due to geopolitical tensions and volatile market conditions, not valuation concerns, despite investor pressure to lower expectations from $15 billion to $9 billion.
European startups
fromTechCrunch
2 weeks ago

Geopolitical drama reportedly stalls IPO of SoftBank-backed PayPay | TechCrunch

PayPay postponed its US IPO due to market volatility and Middle East conflict, abandoning its planned $10 billion valuation target.
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