It would have an initial market capitalisation of about $438m, if it floated at $14 per share.
Xoom, a US-based money transfer service, plans to sell 5.75 million shares at between $13 and $15 each in initial public offering to raise about $80m.
It would have an initial market capitalisation of about $438m, if it floated at $14 per share.
In August, the company had confidentially filed with US regulator Securities and Exchange Commission, according to news provider Reuters, but has confirmed its plans to list on Nasdaq stock exchange.
Investment banks Barclays and Needham are co-lead…
