The Fidelity-backed digital banking software provider has floated on the Nasdaq Global Select Market in a $180m offering priced above its range.
Alkami Technology, a US-based digital banking platform developer backed by financial services and investment group Fidelity, raised $180m in an initial public offering on the Nasdaq Global Select Market yesterday.
The company issued 6 million shares priced at $30.00 each, above the $26 to $28 range set for the IPO earlier this month. They closed at $41.63 on their first day of trading yesterday, representing a market capitalisation of approximately $3.44bn.
Founded in 2009, Alkami operates a platform that…
