Feb 17 • 11:22 UTC 🇵🇱 Poland Rzeczpospolita

Will BLIK go public? The company aims to become a double unicorn

The CEO of Polski Standard Płatności has commented on ongoing discussions regarding a potential IPO for BLIK, emphasizing its profitability in the Polish fintech market.

During a recent press conference, Dariusz Mazurkiewicz, the CEO of Polski Standard Płatności, operator of the popular Polish payment solution BLIK, addressed inquiries about a potential initial public offering (IPO) for the company. While acknowledging the ongoing confidential discussions spurred by a Bloomberg report indicating that the supervisory board was evaluating options for going public, he refrained from commenting on the shareholders' decisions that would ultimately guide this process. According to Mazurkiewicz, BLIK currently holds the position of the most profitable fintech in Poland, which adds to the intrigue surrounding its IPO considerations.

The prospect of BLIK going public has raised questions about its future strategies, particularly in terms of capital allocation. Although specific decisions regarding the IPO remain undecided, the discussions have ignited interest in whether the company would use the funds raised for expanding its operations into international markets or if the goal is focused on maximizing market value within Poland. This speculation comes at a significant moment as the fintech landscape evolves rapidly, making investor sentiment critical for any potential public offering.

As BLIK prepares to explore the IPO route, it reflects a growing trend among successful fintech companies seeking to leverage favorable market conditions to enhance their valuation and secure additional funding for expansion. The considerations surrounding BLIK's potential debut on the Warsaw Stock Exchange signify not only the ambition of the company but also the ongoing maturation of the Polish fintech sector, drawing attention from both local and international investors interested in the region's economic developments.

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