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Saudi Arabia's Rasan Information Technology prices IPO at top of range Saudi Arabian fintech firm Rasan Information Technology has priced its initial public offering on the local bourse at 37 ...
Home Industry Finance Saudi fintech firm Rasan’s $224m IPO oversubscribed 129.1 times The company priced its IPO at the top of the previously announced range, selling its shares at SAR37 per ...
Rasan is the only human rights organization willing to vocally support lesbian, gay, bisexual, and transgender (LGBT) rights in the Kurdistan Region of Iraq (KRI), in addition to its work on women ...
Rasan will be among the first fintech firms to go public in the kingdom Investors put in about SR108.6 billion, or $29 billion, of orders for one of the first initial public offerings by a fintech ...
HSBC Saudi Arabia, as a global coordinator and bookrunner for institutional subscription by Impact46 in its capacity as the fund manager of Venture Capital InsurTech Fund and Impact Growth Fund, ...
Rasan earns SAR 30M in Q1 2025Rasan Information Technology Co. generated a net profit of SAR 30 million in the first quarter of 2025, up from SAR 9.5 million a year earlier.
Rasan Information Technology Co., along with its shareholders, aims to raise up to 841 million riyals ($224 million) in an initial public offering in Riyadh, ...
Saudi Arabian fintech firm Rasan Information Technology has priced its initial public offering on the local bourse at 37 riyals per share, at the top of its indicative price range, according to ...
Saudi fintech Rasan Information Technology Co. advanced in its Riyadh debut after raising SR841 million or $224 million, amid a listing spree which has seen several companies start trading in the ...
Rasan has proven capabilities in building customised tech solutions and scaling multi-sided platforms by simplifying the user experience and driving operational digitalisation, value-chain ...
Rasan is offering 5.3 million new shares and 17.4 million existing shares to investors – equivalent to 30 per cent of the company’s paid-up capital.
Rasan Information Technology Co and its shareholders are looking to raise as much as 841mn riyals ($224mn) in one of the first initial public offerings by a fintech firm in Saudi ...
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