One of the biggest topics at Money20/20, the financial technology conference that attracted roughly 2,300 fintechs to Las Vegas last month, was which company will go public next.
This year is expected to be a groundbreaking moment for initial public offerings. Roughly 914 companies have gone public, raising $293 billion, as of Nov. 12, according to Dealogic. The 914 is more than double the 353 firms that collected about $132.2 billion for the same time in 2020. (Of the 914 IPOs this year, about 59%, or 540, are special purpose acquisition companies or SPACS.)
Fintechs, which are part of the technology sector, represent a small chunk of the IPO market. So far in 2021, just 19 U.S. financial technology firms have gone public,…
