Ayondo Limited (“Ayondo” or the “Company” or the “Group”) is offering 80.77m shared for a listing on Catalist, of which 8.9m shares will be for the public and the balance 71.9m shares via placement. The IPO price is 26 cents and that translate into a market cap of $130.7 million. The offer will close on 22 March at 12pm and starts trading on 26 March 2018 at 9am.
Ayondo is the first “pure play” Fintech Company to be listed on SGX and considers itself to be one of the Fintech pioneers in Europe that tried to combine trading and investment with elements of social media. “ayondo at a glance” below presents the current value proposition for investors.
Ayondo has subsidiaries in UK, Germany with offices in Singapore, Spain and Switzerland, offering innovative trading and investment solutions for retail and institutional customers.
The services included …