After years of slowdown, the I.P.O. market is picking up steam in the U.S.A. This is shown by IPOs of Klarna, Gemini and Pattern in the retail and fintech sectors.
Between September 8 and 12, 2025, 6 companies raised more than US$4 billion during “the busiest week for IPOs since 2021”, according to Bailey Lipschultzx, a Journalist at Bloomberg. The I.P.O. of fintech company Klarna on September 10 peaked at US$1.37 billion. Gemini, a cryptocurrency exchange, and Figure, a cryptocurrency lender, also made notable debuts on Wall Street.
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Article authors
Sophie Baqué
Chief Editor of mind Retail