- American personal finance company NerdWallet Inc NRDS disclosed its U.S. initial public offering plans. The company did not disclose details about the terms of the offering.
- NerdWallet's revenue for the six months ended June 30 rose 32.3% year-on-year to $181.6 million.
- NerdWallet could seek a valuation of up to $5 billion, Reuters reports.
- NerdWallet confidentially submitted paperwork with the SEC for the IPO in May, the report added.
- NerdWallet aims for a Nasdaq listing under the symbol "NRDS."
- NerdWallet had made some acquisitions last year, including Fundera, Inc. in October 2020, and Notice Media Ltd. (doing business as Know Your Money) in September last year.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in
