Financial automation software producer Bill is floating above its range as Fleetcor, Mastercard, Amex and a host of banks all scored exits.
Bill.com, a US-based back-office automation software provider backed by corporates Fleetcor, Mastercard and American Express, will raise just over $216m when it floats on the New York Stock Exchange today.
The offering consists of approximately 9.82 million shares priced at $22.00 each. Bill had increased the range of the offering from $16 to $18, to $19 to $21 on Tuesday. The IPO values the company at about $1.55bn.
Founded in 2006, Bill produces cloud-based software that enables small and…
