Apex Fintech Solutions is considering reviving plans to go public and if it does, the fintech plans to use a traditional IPO to list its shares, according to CEO William Capuzzi. Capuzzi was one of thousands of executives who attended the Money20/20 conference earlier this week.
Apex, a custody and clearing firm whose clients include SoFi, Webull, and Betterment, first sought to go public in February 2021. At that time, it agreed to merge with a special purpose acquisition company, Northern Star Investment Corp, in a deal that valued Apex at $4.7 billion.
