Card Issuer Marqeta is the Latest Fintech Unicorn to Join the IPO Frenzy
2020 saw a record high 480 IPOs raising roughly $178bn, with the list including many notable names including AirBnB, Fubo TV, Lemonade, DoorDash, and Palantir that have delivered triple-digit returns for investors. There are no signs that the frenzy is set to slow down in 2021. Three major fintechs –SoFi, Coinbase, and MoneyLion announced their plans to go public along with rumors that Stripe and Klarna will follow. Now there’s a report that another unicorn will join the fray.
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