Here are five Fintech that could be next to the IPO after clarify

After the Swedish group of payments Clay Initial public offer of $ 17 billion, investors are thinking about which big name Fintech will be another public.

Klana appeared on the day of its New York IPO up to 30% before it was fitted to close around 15% high. The shares dropped to $ 42.92 on Friday, but still increased by about 7% of the IPO price of $ 40.

The debut showed how Wall Street becomes a welcome of the Stinch bumper lists. In front of the claren, online trading platform Etoro, Stablecoin z Ring and crypto exchange Bull They were all publicly at the positive first reception.

Gemini, a crypto replacement based on Cameron and Tyler Winklevoss, on Friday IPO increased by 14%.

“I think IPO clay would be considered some other suppliers of reduced,” said CNBC Gautam Pillai, Head of Fintech Research in British Investment Bank Peel Hunt.

There is a crowded pipe of fund names that could be next to the IPO by clarify. CNBC looks at which companies look most promising.

Digital Payments Stripe has been considered the content of IPO for years. Stripe remains a private company for 15 years since its founding and founders and brothers John and Patrick Collison have long resisted the press to make the business public.

However, this does not mean that the list of stock market was not in mind. In 2023, Collisons told employees that Stripe would decide the public or allow employees to sell shares through a secondary offer next year.

Finally, Stripe decided in January to sell shares that the company appreciated at $ 91.5 billion – almost to its maximum award of $ 95 billion, which it achieved in 2021.

This does not mean that Stripe could not continue its debut on the stock market further. Many Fintech Unicorn CEO monitors the performance of IPO clarifying for signs of the right moment of the list.

Revolut is widely considered to be a potential future candidate FINTECH IPO. Last week, Unicorn’s digital banking told CNBC that he recently gave employees a chance to sell shares on a secondary market for an incredible $ 75 billion award and placed it over some major British banks with market value.

“As part of our commitment to our employment, we regularly provide opportunities to obtain liquidity,” said Revolut spokesman at that time CNBC. “Sale of secondary shares of employees is currently in the process and we will not comment on other unil, it is complete.”

The secondary round buys Revolut for some time to stay private longer, while offering employees the opportunity to leave some of their shares. At the same time, however, Revolut is now making one of the most valuable Fintechters in the world.

As for the revolution, the US appears to be the most likely rent.

Co -founder and CEO Nikolay Storonsky sincerely spoke about his list of list in the US because of problems with the London IPO market. Last year he told Podcast 20VC that “just not rational” to publish in the UK

The British Digital Bank Monzo, which recently achieved $ 5.9 billion in secondary shares, is another story for public markets.

At the beginning of this year, a message from Sky News appeared, saying that Monzo organized a banker to work on an IPO that could be held first as the first half of 2026.

In the discussion of a fire moderated by CNBC in SXSW London, however, the CEO of Monzo TS Anil said that IPO is not “the thing we will focus on” – it is worth noting that it was in June.

“The thing we focus on is the scope of business, continues to grow, it doubles again, addresses more customers, builds more products, still on the back,” said Anil at that time.

Anil would not comment on which Monzo read that we read it, we were on IPO, but stressed that the company was “deeply commuting” in London worldwide.

Monz’s rival Nebank Starling Bank reportedly considered the initial public offer in the US as part of the expansion plans.

On Thursday, Bloomberg announced that Starling hired Jody Bhagat, training of the President of Global Banking in the Software Company Personics Technologies to lead his units of motor technology in the US

Starling refused how CNBC asked his listing plans.

Last year, the CEO of Starling Raman Bhatia spoke of the bank’s plans for globally expanding through the engine, a software platform that Starling sells to other companies to set up their digital banks.

“I am very bullies about this approach about internationalization of what is the best of Starling – the owner of Tech,” Bhatia said during a fire chat at a conference on money 20/20 moderated CNBC.

Starling was the last private worth $ 2.5 billion ($ 3.4 billion) in a round of financing 2022. However, the news suggests that the company is trying to receive a award of 4 billion GBP in the upcoming secondary share of dirty share.

Although it has a lesser -known name, Bulgaria founded Fintech Payhawk also has the ambitions of IPO.

In 2022, the expenditure platform was awarded $ 1 billion and recorded 85% year -on -year in 2024 to 23.4 million euros ($ 27.4 million).

“We definitely see the open IPO Windw,” said CEO and co -founder Payhawk Hristo Borisov in an interview at the beginning of this month CNBC. He stressed, however, that “we look at a more five -year horizon.”

“If you look at most of the IPO, most of these IPOs are companies with $ 400 to $ 500 million plus plus ARR (annual revenue),” Borisov said. “That’s our goal.”

There are other endechs that look like potential IPO containers further along line – but the trajectory looks less clear.

The CEO of Blockchain Ripple Brad Garlinghouse said CNBC last January that the company had explored the markets outside the US for its IPO due to aggressive recovery of cryptopodes below the former Sekravační and Exchange Commission Gensler.

This could now change thanks to the pro-crito attitudes of President Donald Trump. Last year, Garlinghouse said Ripple had suspended some IPO plans. The launch was last appreciated by $ 15 billion.

The German N26 is another potential IPO candidate. The digital bank was rated at $ 9 billion for a 2021 round.

But she faced some failures. The co -founder N26 Valentin Stalf recently resigned as the CEO after facing investors’ pressure over regulatory failures.