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The company, which operates a lending platform that enables retailers, health-care providers and home contractors to offer loans to their customers, could seek to raise $1 billion at a valuation of roughly $5 billion. This may also open the door for a host of fintech companies like Funding Cirlce and Adyen that have been weighing IPO's to move forward.
The Atlanta company, which operates a lending platform that enables retailers, health-care providers and home contractors to offer loans to their customers, could seek to raise $1 billion at a valuation of roughly $5 billion, some of the people said. An IPO of GreenSky, backed by a number of Wall Street heavyweights, would end the drought in IPOs of financial-technology companies. There is no guarantee GreenSky will proceed with an IPO. It may do another private share sale instead of a listing, some the people said.
https://www.wsj.com/articles/fintech-firm-greensky-files-confidentially-for-ipo-1522685450
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