MultiBank Group Expands IPO Stock Offerings
The global IPO market for 2021 is expected to be an excellent year for new issues. The momentum from 2020 is set to continue until late this year. Despite the ongoing Covid-19 pandemic, the amount of investment raised by new issues has been at its highest since 2010, nearly a decade ago.
Companies belonging to the technology and healthcare sector witnessed tremendous interest. With technology companies accruing 35% and healthcare organizations gaining 16% of proceeds. A look at the global tally of issued shares gives a fair indication of market sentiment. Over 1,300 companies went public in 2020, which is a staggering 15% increase compared to 2019.
“It is evident that we are currently in one of the most active IPO periods, and this upsurge is likely to continue well into 2021. The hallmark of MultiBank Group’s growth strategy has been our ability to identify trends. Our commitment to adapt and diversify our product offerings has helped us stay relatable in the financial markets and have been the key to manage and exceed client expectations.” said Danny Salman- Senior Market Analyst.
Some of the most anticipated IPOs are now part of MultiBank Group’s product offering, such as Coinbase, Zoom Video Communications, Uber Technologies, Slack Technologies, Pinterest, Lyft, and Crowdstrike Holdings. “Trading is seldom about the present moment; it is about future possibilities. And our clients from across 90 countries expect us to deliver on all counts. We understand the importance of reading the room and being prepared with a diverse product portfolio for our clients to choose from,” – added Danny Salman.
With a paid-up capital of USD 322 million, licences, and regulations across five continents, MultiBank Group is globally recognised as one of the world’s largest online financial derivatives providers. MultiBank Group is perhaps one of the few financial institutions offering 10,000+ financial products in a safe and secure trading environment.