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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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