Visa-backed payments firm Conductor readies U.S. IPO

64
7
Favorite

Visa-backed payments firm Conductor readies U.S. IPO

Reuters2021-07-28

SAO PAULO (Reuters) - Brazilian payments firm Conductor has hired banks for an initial public offering in the United States that could come as early as this year, as Latin America's financial sector ...

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.

Report

Comment（7）

WangMeiLi
·2021-07-28
Hmmm we’ll see !
Reply
1
Report
Deonc
·2021-07-28
Another IPO. Please like to comment.
Reply
Like
Report
Samwich
·2021-07-28
Ok
Reply
1
Report
henryg
·2021-07-28
Like pls
Reply
Like
Report
RS142
·2021-07-28
?
Reply
4
Report
Fold Replies
- Angel3:
  Ok
  2021-07-28
  Reply
  Report
chocoying
·2021-07-28
Like pls
Reply
3
Report
Fold Replies
- Tang7777:
  Ok
  2021-07-28
  Reply
  Report
- Rocketboi:
  ok
  2021-07-28
  Reply
  Report
百万王子
·2021-07-28
Noted
Reply
2
Report

Most Discussed

7x24

All

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/1185971233?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2021-07-28 10:24","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1185971233","market":"us","top_or_hot":-1,"title":"Visa-backed payments firm Conductor readies U.S. IPO","media":"Reuters","content":"<div>\n<p>SAO PAULO (Reuters) - Brazilian payments firm Conductor has hired banks for an initial public offering in the United States that could come as early as this year, as Latin America's financial sector ...</p>\n\n<a href=\"https://finance.yahoo.com/news/exclusive-visa-backed-payments-firm-140150129.html\">Source Link</a>\n\n</div>\n","source":"lsy1612507957220","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 payments firm Conductor readies U.S. 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 payments firm Conductor readies U.S. IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-28 10:24 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/exclusive-visa-backed-payments-firm-140150129.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SAO PAULO (Reuters) - Brazilian payments firm Conductor has hired banks for an initial public offering in the United States that could come as early as this year, as Latin America's financial sector ...</p>\n\n<a href=\"https://finance.yahoo.com/news/exclusive-visa-backed-payments-firm-140150129.html\">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://finance.yahoo.com/news/exclusive-visa-backed-payments-firm-140150129.html","article_id":"1185971233","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1185971233","pubTimestamp":1627439085,"sourceInfo":{"source_id":"lsy1612507957220","name":"finance.yahoo"},"weMediaInfo":null,"summary":"SAO PAULO (Reuters) - Brazilian payments firm Conductor has hired banks for an initial public offeri","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"V":"Visa"},"translate_title":"签证支持的支付公司Conductor准备在美国首次公开募股","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"V":0.9},"content_text":"SAO PAULO (Reuters) - Brazilian payments firm Conductor has hired banks for an initial public offering in the United States that could come as early as this year, as Latin America's financial sector is enlivened by the arrival of several newcomers, three sources familiar with the matter said.\nConductor, which is backed by venture capital firm Riverwood Capital and payments processor Visa Inc, is a provider of technology for financial services. Its tools allow retailers, banks and financial startups to offer credit cards and payment wallets to their clients, for instance.\nInvestment banking units of Goldman Sachs, JPMorgan, Bank of America and Credit Suisse will manage the offering, the sources added. None of those banks immediately commented on the matter.\nThe company also declined to comment.\nShould Conductor conclude a listing on a U.S. exchange, it will follow in the footsteps of two other Brazilian payments companies, StoneCo Ltd and PagSeguro Digital Ltd.\nThe sources didn't say which U.S. exchange Conductor was likely to pick for the listing, how much money it would seek to raise, or what valuation it hoped for.\nConductor has 95 million users and processes $20 billion in payments transactions per year in Latin America, according to the company's website.\nLast year, Conductor started to expand across Latin America to countries such as Mexico, Argentina, Peru, Equador and Colombia.\nThe share offering will mainly be new stock as the company plans to raise proceeds to fund its expansion to new countries, launch products and engage in M&A, one of the sources added.\nThe company last year raised roughly $170 million in two tranches with investors such as Singapore's Temasek Holdings, Viking Global Investors and Sunley House, an affiliate of Advent International, aiming at entering new countries.\nIn an interview with Reuters in October, Conductor Chief Executive Antonio Soares said the company is poised for rapid growth in the region as much of Latin America's population does not have a bank account, creating opportunities for non-traditional finance firms.\nAround a third of Brazilians do not have a bank account.\nRegulators in the region, such as Brazil's central bank, are also encouraging more competition for financial services and products.","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":803450174,"gmtCreate":1627459303998,"gmtModify":1703490358013,"author":{"id":"3586311073884660","authorId":"3586311073884660","name":"WangMeiLi","avatar":"https://static.tigerbbs.com/e42c8291e5033a92ae3c00b91053172b","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":3,"crmLevelSwitch":0,"idStr":"3586311073884660","authorIdStr":"3586311073884660"},"htmlText":"Hmmm we’ll see !","listText":"Hmmm we’ll see !","text":"Hmmm we’ll see !","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/803450174","repostId":1185971233,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":803500519,"gmtCreate":1627445270832,"gmtModify":1703490116324,"author":{"id":"3569316529855154","authorId":"3569316529855154","name":"Deonc","avatar":"https://static.tigerbbs.com/d9aa45dd2eb58357f6477dcfb99d1415","vip":1,"crmLevel":3,"crmLevelSwitch":1,"idStr":"3569316529855154","authorIdStr":"3569316529855154"},"htmlText":"Another IPO. Please like to comment.","listText":"Another IPO. Please like to comment.","text":"Another IPO. Please like to comment.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/803500519","repostId":1185971233,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":803270410,"gmtCreate":1627444569230,"gmtModify":1703490103394,"author":{"id":"3575000650579772","authorId":"3575000650579772","name":"Samwich","avatar":"https://static.tigerbbs.com/333bbe08da61ec501a2da43a65e31462","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3575000650579772","authorIdStr":"3575000650579772"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/803270410","repostId":1185971233,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":803232917,"gmtCreate":1627440426839,"gmtModify":1703490011703,"author":{"id":"3581580167581733","authorId":"3581580167581733","name":"henryg","avatar":"https://static.tigerbbs.com/8fedb3f88a534bff6452065d91213662","vip":1,"hat":"https://static.tigerbbs.com/6444b4970948c1077534c593eccd6d16","crmLevel":2,"crmLevelSwitch":1,"idStr":"3581580167581733","authorIdStr":"3581580167581733"},"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/803232917","repostId":1185971233,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":803236553,"gmtCreate":1627440374872,"gmtModify":1703490011045,"author":{"id":"3574118564601995","authorId":"3574118564601995","name":"RS142","avatar":"https://static.tigerbbs.com/22d2d9b1f352da24e6ea75b557ac987a","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3574118564601995","authorIdStr":"3574118564601995"},"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/803236553","repostId":1185971233,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5353868,"gmtCreate":1627440396163,"gmtModify":1663231603737,"authorId":3583883567286029,"author":{"id":3583883567286029,"idStr":"3583883567286029","authorId":3583883567286029,"name":"Angel3","avatar":"https://static.tigerbbs.com/183200c6da453d7e5537439494c0d164","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":803236553,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"}],"langContent":"EN"},{"id":803239257,"gmtCreate":1627440108579,"gmtModify":1703490004633,"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":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/803239257","repostId":1185971233,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5354502,"gmtCreate":1627444831969,"gmtModify":1663231603641,"authorId":4089860053722720,"author":{"id":4089860053722720,"idStr":"4089860053722720","authorId":4089860053722720,"name":"Tang7777","avatar":"https://static.itradeup.com/news/8acacb2fb62aef829a820a798c9faa71","vip":1,"crmLevel":2,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":803239257,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"},{"id":5353861,"gmtCreate":1627440321125,"gmtModify":1663231603534,"authorId":3573098273986897,"author":{"id":3573098273986897,"idStr":"3573098273986897","authorId":3573098273986897,"name":"Rocketboi","avatar":"https://static.tigerbbs.com/7cb61d284ae516537c4f6c79079d9ea3","vip":1,"crmLevel":2,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":803239257,"type":1,"supId":0,"prevId":0,"content":"<u>ok</u>","text":"<u>ok</u>","html":"<u>ok</u>"}],"langContent":"EN"},{"id":803295359,"gmtCreate":1627439888071,"gmtModify":1703489998923,"author":{"id":"3585533190234168","authorId":"3585533190234168","name":"百万王子","avatar":"https://static.tigerbbs.com/ddf905b898fe0752bea7c6d549654cb4","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3585533190234168","authorIdStr":"3585533190234168"},"htmlText":"Noted","listText":"Noted","text":"Noted","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/803295359","repostId":1185971233,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":64,"commentSize":7,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}