Klarna’s IPO sparks curiosity about other fintech startups potentially following suit. A healthy list of venture-backed candidates includes Stripe, Chime, and various global players like Circle and Airwallex. With 2025 possibly marking a significant year for fintech IPOs, current market conditions may pose challenges, yet the excitement grows for potential public offerings in this sector.
As Klarna prepares to make its debut on the public stage, the spotlight turns to other fintech startups that might soon follow. A healthy pipeline exists, brimming with venture-funded companies poised to meet IPO expectations, many of which are well-known yet have previously avoided the public markets. Utilizing Crunchbase’s forecasting tools, we identified a dozen promising financial services startups buzzing with IPO potential.
Among the prominent candidates, Stripe and Chime stand out due to their impressive funding histories. Stripe, a U.S.-based fintech giant recognized for its substantial valuations, has resisted IPO pressures and recently raised $6.5 billion in a Series I financing round, maintained at a whopping $91.5 billion valuation. On the other hand, Chime, another high-flying startup, is reportedly taking strides toward an IPO, having quietly filed for one and amassed $2.3 billion in equity funding for its popular no-fee banking platform.
The list also includes innovative players from the crypto and blockchain sectors. Circle, creator of the USDC digital currency, has raised over $1.1 billion and recently relocated to New York, likely in preparation for an IPO. MoonPay, a Miami-based payments solution for crypto, is on similar footing, having raised $650 million and recently expanding through acquisition. Ripple, a significant name in blockchain, continues to stir IPO excitement as well.
More than half of our identified IPO candidates hail from outside the U.S., showcasing a global blend. Australia’s Airwallex shines in the international arena with its thriving global payment solutions and over $900 million in funding. Additionally, Indonesia’s Akulaku Group and Xendit, along with the Philippines’ Mynt, are noteworthy startups with substantial traction and funding in their respective regions.
Could 2025 be the year that catches the financial world by storm with an impressive influx of fintech IPOs? Given that we’ve seen a lull since early 2022, the call for revival grows louder. Although current market conditions pose challenges, notably a downturn in tech stocks, the opportunity remains for eager unicorns aiming for public offerings. While the environment may never be flawless, it’s an exciting time for those ready to take the leap into public trading.
As Klarna sets the stage for its IPO, other fintech giants like Stripe and Chime are also eyeing the public markets with anticipation. Several crypto champions like Circle and MoonPay are included in this thrilling mix, creating a diverse spectrum of potential listings. Although the market may not be perfect, 2025 could usher in a new wave of fintech listings, energizing investors and capturing significant attention in the financial sector.
Original Source: news.crunchbase.com
