Money-Transfer Firm Zepz Said to Seek $6 Billion Value in IPO
- Goldman, JPMorgan, Barclays said to advise on listing
- U.S. IPO of Zepz could come as soon as the second quarter
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Zepz is considering seeking an initial public offering in the U.S. at a valuation of about $6 billion, a potential blow to U.K. attempts to attract more tech listings, according to people familiar with the matter.
The London-based money-transfer firm, formerly known as WorldRemit Group, could list in New York as soon as the second quarter, the people said, asking not to be identified discussing confidential information. Goldman Sachs Group Inc., JPMorgan Chase & Co. and Barclays Plc are advising on the listing, the people said.