Paystand eyes IPO after Yaydoo deal

Paystand eyes IPO after Yaydoo deal

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US business-to-business (B2B) payment company Paystand is looking ahead to a possible initial public offering (IPO) now that it has reached a deal to buy Yaydoo in Mexico, Yaydoo CEO Sergio Almaguer told LatinFinance on Wednesday. "The intention is to have enough scale to come out with an IPO in a couple of years and also at a time when the markets are more stable," Almaguer said in a message through LinkedIn. Paystand announced the acquisition on Wednesday, but it did not say how much it agreed

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