NOBA Sets IPO Price Ahead of Stockholm Listing
Hey Digital Banking Fanatic!
Another Swedish FinTech is heading for the public markets!
Digital banking group NOBA has priced its IPO at 70 SEK per share, giving it a market cap of 35 billion SEK ($3.7B). Trading is set to kick off on September 26 on Nasdaq Stockholm.
That makes NOBA the second big Swedish player to go public this year—right on the heels of Klarna’s splashy New York debut earlier this month.
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NEWS
🇸🇪 Digital bank NOBA sets Sweden IPO price valuing firm at $3.7 billion. Its listing plans make it the second major Swedish financial services group to opt to go public this year, with buy-now, pay-later lender Klarna making its New York debut earlier this month.
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