Fintech platform Wealthfront Corporation confidentially files to go public in US
Briana Lupea
Edition: Singapore Indonesia Asia US/UK Automated digital wealth management firm Wealthfront Corporation said on Monday it had confidentially filed for a U.S. initial public offering, as investors show increasing interest in new listings. The Palo Alto, California-based firm, which did not disclose the terms of the offering, was valued at $1.4 billion in 2022 when its planned acquisition by Swiss bank UBS was scrapped following reported shareholder pushback over the deal's terms. Uncertainty
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