OpenPayd Eyes Nasdaq Listing by Year-End to Fuel U.S. Expansion
OpenPayd, a payments firm, is targeting a Nasdaq listing by the end of the year to raise funds for its U.S. expansion and acquisitions. CEO Iana Dimitrova said the company aims to launch in the U.S. by April 2027 and is seeking deals to add licenses and technology.
OpenPayd, a London-based payments firm, is planning to list on the Nasdaq stock exchange by the end of the year, CEO Iana Dimitrova announced. The company aims to use the proceeds to fund its expansion into the United States, with a target launch date of April 2027.
Dimitrova said OpenPayd is also eyeing acquisitions to bolster its offerings, specifically to add licenses and technology. The move comes as the payments sector continues to attract significant investment, with cross-border and embedded finance solutions in high demand. OpenPayd provides banking-as-a-service and payment infrastructure to businesses.
The planned Nasdaq listing would provide OpenPayd with the capital to compete in the U.S. market, which is dominated by established players like Stripe and Adyen. If successful, the IPO could value the company at a significant premium and signal continued investor appetite for fintech disruptors. The company's U.S. launch in 2027 will depend on regulatory approvals and market conditions.
Comments (0)
No comments yet. Be the first to share your thoughts!
Leave a Comment