Singapore-based Sea plans IPO for fintech arm Monee

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Singapore-based conglomerate Sea is reportedly preparing to list its financial technology division, Monee, on the Singapore Stock Exchange (SGX).

This planned initial public offering (IPO) marks a significant development for the company’s fintech operations as it moves toward a standalone market debut on the local exchange. Further details regarding the timeline, valuation, or specific structure of the offering have not been disclosed in the current announcement.

Source: Finextra
Original article: https://www.finextra.com/newsarticle/48624/singapores-sea-plans-ipo-for-fintech-arm-monee?utm_medium=rssfinextra&utm_source=finextrafeed

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