Lemonade

Progressive Takes Lead in Latest Provider Ranking of Insurance Apps
Progressive Takes Lead in Latest Provider Ranking of Insurance Apps
November 27, 2023  |  Insurance

Progressive and State Farm tied for No. 1 in last month’s edition of PYMNTS Provider Ranking of Insurance apps, but Progressive stands alone in the...

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FinTech IPO Index Loses 1.8% as Oportun Plunges, Earnings Roll In
FinTech IPO Index Loses 1.8% as Oportun Plunges, Earnings Roll In
November 10, 2023  |  Fintech Investments

The earnings deluge is what moved names this past week — and for the FinTech IPO Index, the movement was mostly to the downside. The...

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Lemonade Sees Path to Profitability and Reaches 2 Million Customers
Lemonade Sees Path to Profitability and Reaches 2 Million Customers
November 08, 2023  |  Insurance

Digital insurance company Lemonade says its platform now has 2 million customers. The company announced that milestone in a news release Wednesday (Nov. 8) as it reported its...

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InsurTech Downturn Proves Promise of Disruption Is Sometimes Derailed
InsurTech Downturn Proves Promise of Disruption Is Sometimes Derailed
September 15, 2023  |  Insurance

FinTech platforms promise to disrupt entire verticals, bringing ease and speed to sectors that have traditionally been marked by complexity and paper-based interactions. And yet...

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FinTech IPO Index Plunges 6.6% as Upstart and Nuvei Earnings Weigh on Shares
FinTech IPO Index Plunges 6.6% as Upstart and Nuvei Earnings Weigh on Shares
August 11, 2023  |  Fintech Investments

Seemingly everywhere you looked this past week, earnings were the sole arbiter of how stocks performed. And no matter the earnings, almost across the board,...

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Lemonade Looks to Partnerships and Generative AI to Close Cash Flow Gap
Lemonade Looks to Partnerships and Generative AI to Close Cash Flow Gap
August 03, 2023  |  Earnings

Artificial intelligence (AI)-driven insurance company Lemonade has announced second-quarter 2023 earnings results, driven by a growing top line, oversubscribed reinsurance and acceleration in rate approvals....

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FinTech IPO Index Slips 2.4% as OneConnect, Lufax Decline After Earnings Reports 
FinTech IPO Index Slips 2.4% as OneConnect, Lufax Decline After Earnings Reports 
May 25, 2023  |  Fintech Investments

The last of the earnings reports are trickling in across the FinTech IPO Index, with more decliners than gainers, which in turn helped send the...

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Lemonade Expects Generative AI to Improve Business Processes and Profits
Lemonade Expects Generative AI to Improve Business Processes and Profits
May 03, 2023  |  artificial intelligence

Insurance company Lemonade expects generative AI to automate and improve 100 of its business processes. Lemonade — which says artificial intelligence (AI) is the foundation...

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FinTech IPO Index Extends Earnings-Led Downdraft as Marqeta Sheds 24%  
FinTech IPO Index Extends Earnings-Led Downdraft as Marqeta Sheds 24%  
March 03, 2023  |  Fintech Investments

Investors were in a “shoot first, ask questions later” frame of mind this past week. As for the FinTech IPO Index, earnings reports helped send...

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