Visa-Backed Paymate Picks Banks for $400 Million IPO

Bloomberg2021-07-27

ICICI Securities, JM Financial and Nomura are picked Company plans to file draft prospectus as early as September Paymate India Pvt, a business-to-business payment solution provider, has selected ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Stormz
2021-07-28
Stormz
$Visa(V)$need to research more before entering a trade…
SherryVJ
2021-07-27
SherryVJ
Visa [Cool] [Cool] [Cool]
- eveev:
  Hope the IPO will lift Visa valuation
- SherryVJ:
  Ya
SharkRider
2021-07-27
SharkRider
I'm not familiar with the Indian market plus its influence on the region (Sri Lanka, Malvives, etc...) Does anyone have input on this?
Sng92
2021-07-27
Sng92
Like thank you
- theloruss:
  done
- WeiweiWei:
  Ok
- Tongs:
  Done
chocoying
2021-07-27
chocoying
Like pls
- 7b66d4d9:
  done
- Jessyyyyy:
  Done
mikessss
2021-07-27
mikessss
?

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2154168569?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2021-07-27 21:48","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2154168569","market":"us","top_or_hot":-1,"title":"Visa-Backed Paymate Picks Banks for $400 Million IPO","media":"Bloomberg","content":"<div>\n<p>ICICI Securities, JM Financial and Nomura are picked\nCompany plans to file draft prospectus as early as September\n\nPaymate India Pvt, a business-to-business payment solution provider, has selected ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-07-27/visa-backed-paymate-said-to-pick-banks-for-400-million-ipo?srnd=premium-asia\">Source Link</a>\n\n</div>\n","source":"lsy1584095487587","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Visa-Backed Paymate Picks Banks for $400 Million IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nVisa-Backed Paymate Picks Banks for $400 Million IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-27 21:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-07-27/visa-backed-paymate-said-to-pick-banks-for-400-million-ipo?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>ICICI Securities, JM Financial and Nomura are picked\nCompany plans to file draft prospectus as early as September\n\nPaymate India Pvt, a business-to-business payment solution provider, has selected ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-07-27/visa-backed-paymate-said-to-pick-banks-for-400-million-ipo?srnd=premium-asia\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"V","symbol_name":"Visa","start_time":0,"source_url":"https://www.bloomberg.com/news/articles/2021-07-27/visa-backed-paymate-said-to-pick-banks-for-400-million-ipo?srnd=premium-asia","article_id":"2154168569","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2154168569","pubTimestamp":1627393712,"sourceInfo":{"source_id":"lsy1584095487587","name":"Bloomberg"},"weMediaInfo":null,"summary":"ICICI Securities, JM Financial and Nomura are picked. Company plans to file draft prospectus as early as September. Paymate India Pvt, a business-to-business payment solution provider, has selected banks for its Mumbai initial public offering that could raise about $400 million, according to people familiar with the matter.ICICI Securities Ltd., JM Financial Ltd. and Nomura Holdings Inc. were picked to help arrange the share sale, which could take place as soon as next year, said the people, who","collect":0,"end_time":0,"defaultTopTitle":"bloomberg.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"V":"Visa"},"translate_title":"Visa支持的Paymate选择银行进行4亿美元首次公开募股","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"V":0.9},"content_text":"ICICI Securities, JM Financial and Nomura are picked\nCompany plans to file draft prospectus as early as September\n\nPaymate India Pvt, a business-to-business payment solution provider, has selected banks for its Mumbai initial public offering that could raise about $400 million, according to people familiar with the matter.\nICICI Securities Ltd., JM Financial Ltd. and Nomura Holdings Inc. were picked to help arrange the share sale, which could take place as soon as next year, said the people, who asked not to be identified as the discussions are private. Paymate plans to file a draft prospectus for the IPO as early as September, they added.\nDeliberations are ongoing and more banks could be added at a later stage, the people said. Representatives for ICICI Securities and JM Financial declined to comment, while representatives for Nomura and Paymate couldn’t be reached immediately for comment.\nPaymate, founded by entrepreneur Ajay Adiseshann, has a presence in India and the United Arab Emirates and is expanding across central Europe, the Middle East and Africa, according to its website. The Mumbai-based company counts Visa Inc., Recruit Strategic Partners and boutique investment firm Mayfair 101 among its backers.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":803131807,"gmtCreate":1627427447609,"gmtModify":1703489570542,"author":{"id":"3560852319049854","authorId":"3560852319049854","name":"Stormz","avatar":"https://static.tigerbbs.com/6852305f3c514bc33fbf252f09829731","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3560852319049854","authorIdStr":"3560852319049854"},"htmlText":"<a href=\"https://laohu8.com/S/V\">$Visa(V)$</a>need to research more before entering a trade…","listText":"<a href=\"https://laohu8.com/S/V\">$Visa(V)$</a>need to research more before entering a trade…","text":"$Visa(V)$need to research more before entering a trade…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/803131807","repostId":2154168569,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":803043399,"gmtCreate":1627398116411,"gmtModify":1703489233293,"author":{"id":"3586426326873853","authorId":"3586426326873853","name":"SherryVJ","avatar":"https://community-static.tradeup.com/news/1881722e980e541f3c66ed217d5b91c6","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":4,"crmLevelSwitch":1,"idStr":"3586426326873853","authorIdStr":"3586426326873853"},"htmlText":"Visa [Cool]&nbsp;[Cool]&nbsp;[Cool]&nbsp;","listText":"Visa [Cool]&nbsp;[Cool]&nbsp;[Cool]&nbsp;","text":"Visa [Cool] [Cool] [Cool]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/803043399","repostId":2154168569,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5352043,"gmtCreate":1627430676997,"gmtModify":1635219964513,"authorId":3581817256198016,"author":{"id":3581817256198016,"idStr":"3581817256198016","authorId":3581817256198016,"name":"eveev","avatar":"https://community-static.tradeup.com/news/acfc6af760312ed64b31cfbcca1e2276","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":803043399,"type":1,"supId":0,"prevId":0,"content":"Hope the IPO will lift Visa valuation","text":"Hope the IPO will lift Visa valuation","html":"Hope the IPO will lift Visa valuation"},{"id":5462400,"gmtCreate":1628414245328,"gmtModify":1635157049266,"authorId":3586426326873853,"author":{"id":3586426326873853,"idStr":"3586426326873853","authorId":3586426326873853,"name":"SherryVJ","avatar":"https://community-static.tradeup.com/news/1881722e980e541f3c66ed217d5b91c6","vip":1,"currentWearingBadge":{"badgeId":"44212b71d0be4ec88898348dbe882e03-3","templateUuid":"44212b71d0be4ec88898348dbe882e03","name":"President Tiger","description":"The transaction amount of the securities account reaches $1,000,000","bigImgUrl":"https://static.tigerbbs.com/fbeac6bb240db7da8b972e5183d050ba","smallImgUrl":"https://static.tigerbbs.com/436cdf80292b99f0a992e78750ac4e3a","grayImgUrl":"https://static.tigerbbs.com/506a259a7b456f037592c3b23c779599","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.29","exceedPercentage":"93.46%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1101},"crmLevel":4,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":803043399,"type":1,"supId":5352043,"prevId":0,"content":"Ya","text":"Ya","html":"Ya"}],"langContent":"EN"},{"id":809724683,"gmtCreate":1627393974042,"gmtModify":1703489068999,"author":{"id":"3587037754746901","authorId":"3587037754746901","name":"SharkRider","avatar":"https://static.tigerbbs.com/de2adeb4ae77e489f87ea6b1daebff81","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3587037754746901","authorIdStr":"3587037754746901"},"htmlText":"I'm not familiar with the Indian market plus its influence on the region (Sri Lanka, Malvives, etc...) Does anyone have input on this?","listText":"I'm not familiar with the Indian market plus its influence on the region (Sri Lanka, Malvives, etc...) Does anyone have input on this?","text":"I'm not familiar with the Indian market plus its influence on the region (Sri Lanka, Malvives, etc...) Does anyone have input on this?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/809724683","repostId":2154168569,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":809724998,"gmtCreate":1627393956014,"gmtModify":1703489070155,"author":{"id":"4088812221352350","authorId":"4088812221352350","name":"Sng92","avatar":"https://static.tigerbbs.com/728578059b28dc64ca18d5f7d9871233","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"4088812221352350","authorIdStr":"4088812221352350"},"htmlText":"Like thank you","listText":"Like thank you","text":"Like thank you","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/809724998","repostId":2154168569,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5348969,"gmtCreate":1627399566103,"gmtModify":1663231581036,"authorId":3583725369379975,"author":{"id":3583725369379975,"idStr":"3583725369379975","authorId":3583725369379975,"name":"theloruss","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":809724998,"type":1,"supId":0,"prevId":0,"content":"done","text":"done","html":"done"},{"id":5348112,"gmtCreate":1627395973774,"gmtModify":1663231578437,"authorId":3580460013903930,"author":{"id":3580460013903930,"idStr":"3580460013903930","authorId":3580460013903930,"name":"WeiweiWei","avatar":"https://static.tigerbbs.com/6389be3e31881462496768954764f1fd","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":809724998,"type":1,"supId":0,"prevId":0,"content":"<u>Ok</u>","text":"<u>Ok</u>","html":"<u>Ok</u>"},{"id":5347694,"gmtCreate":1627394494488,"gmtModify":1663231575730,"authorId":3555822052484377,"author":{"id":3555822052484377,"idStr":"3555822052484377","authorId":3555822052484377,"name":"Tongs","avatar":"https://static.tigerbbs.com/b0a38d6dcec089553bed2e9e999c283a","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":809724998,"type":1,"supId":0,"prevId":0,"content":"<u>Done</u>","text":"<u>Done</u>","html":"<u>Done</u>"}],"langContent":"EN"},{"id":809728674,"gmtCreate":1627393842998,"gmtModify":1703489064083,"author":{"id":"4087374136362780","authorId":"4087374136362780","name":"chocoying","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"4087374136362780","authorIdStr":"4087374136362780"},"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/809728674","repostId":2154168569,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5347835,"gmtCreate":1627394992484,"gmtModify":1663231576031,"authorId":4090291741868150,"author":{"id":4090291741868150,"idStr":"4090291741868150","authorId":4090291741868150,"name":"7b66d4d9","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":809728674,"type":1,"supId":0,"prevId":0,"content":"<u>done</u>","text":"<u>done</u>","html":"<u>done</u>"},{"id":5347572,"gmtCreate":1627393979842,"gmtModify":1663231575826,"authorId":3587085224026177,"author":{"id":3587085224026177,"idStr":"3587085224026177","authorId":3587085224026177,"name":"Jessyyyyy","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":809728674,"type":1,"supId":0,"prevId":0,"content":"Done","text":"Done","html":"Done"}],"langContent":"EN"},{"id":809723056,"gmtCreate":1627393762375,"gmtModify":1703489059297,"author":{"id":"3587032407188232","authorId":"3587032407188232","name":"mikessss","avatar":"https://static.tigerbbs.com/cd283800f35de16bf73d4a02b9c0484c","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3587032407188232","authorIdStr":"3587032407188232"},"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/809723056","repostId":2154168569,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":87,"commentSize":6,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2154168569"}