Alkami Technology Inc is aiming for a valuation of up to $2.08 billion in a U.S. initial public offering (IPO), the banking software provider said in its prospectus on Monday.
The company said it was looking to raise as much as $150 million by selling 6 million shares at a price range of $22 to $25 per share.
Backed by investors including General Atlantic and D1 Capital, Alkami supplies cloud-based platforms that banks and credit unions can use to set up digital offerings for their retail and business customers.
Read more at Reuters
By Niket Nishant and Aditya Soni
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