Prosus, Visa, and Prudential Financial scored exits as Remitly went public, with Prudential divesting $32.5m of shares through the offering.
Remitly, a US-based remittance services provider backed by payment services firm Visa, insurance provider Prudential Financial and internet group Prosus, raised $523m in its initial public offering yesterday. The company issued just under 12.2 million shares on the Nasdaq Global Select Market priced at $43 each, above the IPO’s $38 to $42 range. They are…
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