November 10, 2023
FinTech IPO Index Loses 1.8% as Oportun Plunges, Earnings Roll...
The earnings deluge is what moved names this past week — and for the FinTech IPO Index, the movement was mostly to the downside. The index lost 1.8%, led by...
November 07, 2023
Toast Says Specialized Digital Products Key to Securing Bigger Restaurant...
Restaurant point of sale (POS) provider Toast has attributed its strong quarterly performance to location additions and balancing top-line growth while optimizing operational efficiency. Third-quarter (Q3) earnings results announced on...
November 03, 2023
FinTech IPO Index Surges 6%, as SoFi and NerdWallet Post...
Earnings season is in full swing, and has given several names in the FinTech IPO Index a boost. Through the past five days, the index surged 6%. NerdWallet shares soared...
October 27, 2023
FinTech IPO Index Loses 4.7% as Platforms Lead to the...
The platforms led the FinTech IPO Index 4.7% lower this past week, as the year-to-date gains have been winnowed down to about 16%. AMTD shares sank 21%. The company extended a...
October 13, 2023
Partnerships and SoFi’s Galileo BNPL Expansion Lead FinTech IPO Index...
Bank earnings start Friday. That means we’ll get management commentary on everything, from interest rates to loan performance to consumer spending. The read across will be there for the members...
October 06, 2023
FinTech IPO Index Slides 3% as Affirm and Blend Lead...
The FinTech IPO Index gave up nearly 3%, coming into the end of the first full trading week of the fourth quarter. Affirm led declining names, sliding 16% through the...
October 05, 2023
Citi Analyst Downgrades Paymentus Holdings Due to Stock’s Gains
Paymentus Holdings stock retreated 4% Thursday (Oct. 5) after being downgraded to Neutral by Citi analyst Ashwin Shirvaikar. This downgrade was primarily driven by the stock’s substantial gains this year, which have reached 79%...
September 30, 2023
As Third Quarter Ends and Earnings Loom, FinTech Profits Come...
As of the close of trading Friday, the third quarter’s in the books. And in just a few weeks, the scoring begins in the form of earnings season, where investors...
September 29, 2023
Blend, Huize Help FinTech IPO Index Notch 0.2% Gain in...
A volatile week on Wall Street is bringing the third quarter to a close. And for the FinTech IPO Index, the slight gains of 0.2% came as platforms and international...