December 22, 2023
FinTech IPO Index Surges 8% as Affirm Gets a Bump...
Headed into the last week of the year — a shortened week due to the holidays — the FinTech IPO Index gained 8%. BNPL Bounce Continues Affirm shares gathered 6.9%,...
December 18, 2023
FinTech Bankruptcies and Speedbumps Prove Digitization Offers No Straight Path...
There’s no smooth sailing for corporates into the end of 2023. As 2023 becomes 2024, and as we spotlighted here, the pandemic era relief has run its course, the cash...
December 15, 2023
Opendoor Co-Founder Eric Wu to Resign Current Roles Jan. 1
Opendoor Co-founder Eric Wu will resign from the company effective Jan. 1. Wu will leave his roles as president of marketplace and a member of the board of directors but...
December 15, 2023
FinTech IPO Index Jumps 7.3%, Lending Platforms Soar as Fed...
The Fed’s signaled a pause for now — and rate cuts on the horizon. The near-term horizon, that is, and as has been widely reported, the central bank anticipates that...
December 08, 2023
FinTech IPO Index Gains 3% as Robinhood Soars on UK...
The FinTech IPO Index found some renewed momentum this past week, gaining 3% over a five-day stretch that saw platforms lead names to the upside. Robinhood shares soared 30.5% in...
December 05, 2023
FinTechs Grapple With Regulation Amid Pursuit of Profits
For almost all FinTechs — and especially for publicly traded firms — it has been a bumpy ride these past few years. Stock prices have been volatile. An overwhelming majority...
December 04, 2023
CE 100 Index Gains 3.1% as Communications Stock Surge Is...
The CE 100 Index gained 3.1% coming off a Thanksgiving holiday-truncated week with vigor as all segments gained ground. The Communications pillar surged 8.7%. Snap was 12.9% higher in the...
December 01, 2023
FinTech IPO Index Gains 4.3%, Affirm Jumps on BNPL’s Black...
And now, we’re back to the regularly scheduled stock market volatility. The short trading week is behind us, and so is Thanksgiving and Black Friday. And the initial read across...
November 24, 2023
FinTech IPO Index Slips 1.1% as Thanksgiving Shortens Trading Week
The turkey has been carved. Thursday offered a brief respite from the volatility that’s been a hallmark of the FinTech IPO Index. Into a shortened week, through the past five...