Factbox: Europe's tech companies accelerate IPO plans

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Factbox: Europe's tech companies accelerate IPO plans
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Europe, which has long trailed Silicon Valley in nurturing home-grown tech giants, is building up a pipeline of stock market candidates that are potentially looking to list in 2021.

FILE PHOTO: The City of London financial district, Britain, November 5, 2020. REUTERS/John Sibley/File Photo

- Swedish payments provider Klarna Bank AB, whose valuation has reached $5.5 billion, said a stock market listing is likely within the next couple of years. “After a sustained period of strong performance, musicMagpie is reviewing a number of attractive alternatives to best support our continuing rapid growth,” it said in a statement.

“As a high growth company we constantly evaluate our funding options, and regularly meet with advisers on this subject,” a Moonpig spokesperson said.

 

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