Fintech platform Wealthfront files for US IPO, following recent success of similar companies

From Yahoo Finance: 2025-06-23 09:32:00

Automated digital wealth management firm Wealthfront Corporation has confidentially filed for a U.S. IPO, following investor interest in new listings. The Palo Alto-based firm was valued at $1.4 billion in 2022 before a planned acquisition by UBS fell through. Market sentiment is shifting as new listings gain momentum amid global uncertainties.

Fintech firms like Chime and eToro have seen successful IPO debuts, with Stablecoin issuer Circle’s IPO paving the way for upcoming offerings from Gemini and Klarna. Wealthfront’s IPO plans align with the recent success of U.S. IPOs, especially in sectors less impacted by trade volatility.

Founded in 2008, Wealthfront offers automated tools for cash accounts, ETF and bond investing, trading, and low-cost loans. The company, led by Andy Rachleff and Dan Carroll, integrates artificial intelligence into its financial planning software, making it a pioneer in automated low-cost investment portfolios. Market experts predict a positive reception for Wealthfront’s IPO in the current environment.



Read more at Yahoo Finance: Fintech platform Wealthfront Corporation confidentially files to go public in US