May 14, 2024
What Does Nuvei’s Go-Private Deal Portend for FinTechs?
The FinTech landscape may be altered by go-private deals, as private equity firms and other corporates find value in the space — and where, arguably, valuations don’t reflect the potential...
May 10, 2024
Earnings Deluge Helps Send FinTech IPO Index 4% Higher
Earnings were everywhere this past week, driving the FinTech IPO Index 4% higher through a volatile week of trading. Buy Now, Pay Later Momentum Sezzle shares soared 52%. The company’s...
May 07, 2024
Cloud Security Firm Wiz Valued at $12 Billion After Funding...
Cloud security startup Wiz has reportedly been valued at $12 billion after raising $1 billion. Co-founder and CEO Assaf Rappaport discussed the funding in a Tuesday (May 7) interview with the Wall Street Journal...
May 03, 2024
Platforms Rally to Push FinTech IPO Index 3% Higher
A 3% gain in the FinTech IPO Index this past week was led by the platforms. And in many cases, those firms have yet to report earnings — so, perhaps,...
May 02, 2024
UK’s Non-London FinTechs Fight for Funding
In the north of England, the Manchester area has a booming FinTech startup community. But as Bloomberg News reported Thursday, these companies are having trouble attracting the attention of the country’s funding...
April 26, 2024
FinTech IPO Index Adds 3% as Oportun Soars on Preliminary...
For the companies populating the FinTech IPO Index, earnings have been part of the continuing avalanche of headlines this past week. Earnings Begin to Trickle In Oportun shares soared 32.5%....
April 19, 2024
FinTech IPO Index Gives Up 6.4% as Platforms Plummet Ahead...
If there was a theme marking the past five days of trading, after the big banks reported earnings, and as the digital lenders that populate the FinTech IPO Index showed,...
April 18, 2024
Walmart-Backed Ibotta Sees Share Price Leap 33% in Market Debut
Ibotta shares leapt 33% during their debut on the New York Stock Exchange (NYSE) on Thursday (April 18). The stock debuted at $117 per share after pricing at $88 per...
April 17, 2024
Possible Funding Thaw May Bring New Life to FinTech IPO...
Call it the thaw after the FinTech funding winter. Maybe. And for the FinTech IPO Index, there may be some reason for cheer — perhaps this year. Because if private...