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    Home»Deals & Transactions»Bank software provider Alkami aims for over $2 billion valuation in U.S. IPO
    Deals & Transactions

    Bank software provider Alkami aims for over $2 billion valuation in U.S. IPO

    April 5, 20211 Min Read
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    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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    Can't stop reading? This and all news articles are property of their creators, many are not owned or provided by Private Equity Insider. As an event organizer and community platform, we curate content from reliable sources for your suggested reading, and advise you to read the full articles from the referenced authors and sources.

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