Anticipate a higher number of Latin American companies going public on Nasdaq by 2024

Ivana Ferreira, Head of Nasdaq for Latin America, asserts that there are companies in the region ready to go public.
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In an interview with Bloomberg Línea, Ivana Ferreira, Head of Nasdaq for Latin America, stated that despite the various challenges faced by the US market, the environment for initial public offerings (IPOs) will be favorable for many companies in the region.

Uncertainty about a possible economic recession in the United States and interest rate hikes have created a fragile environment for investors. Many Latin American startups valued above $100 million considered going public on Nasdaq in 2021, and although some have changed course, Ferreira points out that some have prepared themselves to list the following year. This is the case for companies like Ebanx, PicPay, Rappi, and the fintech firm Creditas, one of the most valuable in Latin America.

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The article highlights that in recent years, several companies from the region have appeared on the Nasdaq board, signaling growth for the Latin American market, which raised $46 billion between 2018 and 2022, according to data from Sling Hub.

What does this mean for the future of venture capital?

  • Increased opportunities for venture capital investments in Latin American startups preparing for IPOs on Nasdaq.
  • Potential for greater returns on investments as more Latin American companies go public and attract investor attention.
  • Need for venture capital firms to closely monitor and assess the growth and potential of Latin American startups eyeing Nasdaq listings.

What does this mean for the future of Latin American startups?

  • Enhanced prospects for accessing capital through Nasdaq listings and attracting international investors.
  • Increased visibility and credibility for Latin American startups, positioning them for further growth and expansion.
  • Potential for fostering a thriving startup ecosystem in the region, with more success stories and opportunities for collaboration and innovation.

To read the full interview, visit: Bloomberg Línea

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