Online send money iPO activity is heating up

Online send money IPO activity is heating up, with two new entrants expected next month. Market analysts forecast initial valuations between $1.3B and $1.6B, attractive given the sector’s double-digit transaction growth trend. An online Give Send Go established to help the family of shooter Thomas Jacob Sanford has raised $300,000 and counting in the wake of the attack on the Grand Blanc Church of Jesus Christ of Latter-day Saints. Commonwealth of Pennsylvania Social Media Follow on YouTube The online send money industry is riding a revenue wave, driven by AI-powered fraud detection tools that boost user trust. Transaction data from Q2 2024 shows a 14% increase in active accounts compared to Q2