Affirm

FinTech IPO Index Up 3.8% as Lemonade Surges on UK Expansion
FinTech IPO Index Up 3.8% as Lemonade Surges on UK Expansion
July 19, 2024  |  Fintech Investments

Earnings season has yet to start making headlines and moving stocks in the FinTech IPO Index, but the overall group was up 3.8% through the...

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Chase to Decline Credit Card Payments for Third-Party BNPL Plans
Chase to Decline Credit Card Payments for Third-Party BNPL Plans
July 17, 2024  |  BNPL

Chase told customers that it will stop allowing its credit cards to be used to pay for third-party buy now, pay later (BNPL) plans. The...

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CE 100 Index Adds 1.4% and Tesla Surges in Holiday-Shortened Week  
CE 100 Index Adds 1.4% and Tesla Surges in Holiday-Shortened Week  
July 08, 2024  |  Connected Economy

There were no fireworks in terms of overall performance, but through a holiday-shortened trading week, the CE 100 Index was 1.4% higher.  Tesla’s the Standout  ...

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Evolve Confirms Ransomware Hack as Challenges Grow at FinTech Partner Bank
Evolve Confirms Ransomware Hack as Challenges Grow at FinTech Partner Bank
June 27, 2024  |  Cybersecurity

It’s been a bad month for Evolve Bank & Trust, and it’s only getting worse. Following a “cease and desist” order issued to the bank...

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FinTech IPO Index Slips 2.1% With Sezzle Balancing the Scales
FinTech IPO Index Slips 2.1% With Sezzle Balancing the Scales
June 21, 2024  |  Fintech Investments

The holiday-shortened week saw the FinTech IPO Index slip 2.1%. Year to date, the index has eked out a meager 2.3% gain. Apple’s continued push...

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Apple Shutters Pay Later as It Paves Broader Path for Installment Loans
Apple Shutters Pay Later as It Paves Broader Path for Installment Loans
June 17, 2024  |  Apple Pay

Nearly two years after its initial announcement and about eight months after its nationwide debut, Apple Pay Later is being discontinued.  In the wake of...

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Apple and PayPal Send Mixed Messages as CE 100 Index Slips 0.7%
Apple and PayPal Send Mixed Messages as CE 100 Index Slips 0.7%
June 17, 2024  |  Connected Economy

The headlines moving the CE 100 Index this week were dominated by Apple’s announcements at its developers conference that covered everything from AI to payments....

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FinTech IPO Tracker Loses 3.8% Despite Affirm’s Rally on Apple Pay Tie-up
FinTech IPO Tracker Loses 3.8% Despite Affirm’s Rally on Apple Pay Tie-up
June 14, 2024  |  Fintech Investments

Affirm saw its stock rally 7.8% this past week, but the overall trend for the FinTech IPO Index was down, as the group sank 3.8%....

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Consumers Embrace BNPL for Groceries Amid Rising Food Costs
Consumers Embrace BNPL for Groceries Amid Rising Food Costs
June 12, 2024  |  Buy Now Pay Later

Around the world, grocers are exploring buy now, pay later (BNPL) capabilities to offer installment options to consumers struggling with inflation. In the United Kingdom,...

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