Opendoor

Opendoor Cuts More Staff and Leads FinTech IPO Index Down 0.7%
Opendoor Cuts More Staff and Leads FinTech IPO Index Down 0.7%
April 20, 2023  |  IPO

Earnings season has yet to fully engulf the FinTech IPO sector. But there was plenty of other news to go around — where macro headwinds...

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Oportun, Katapult Drive FinTech IPO Index Down 4.1%
Oportun, Katapult Drive FinTech IPO Index Down 4.1%
March 17, 2023  |  Fintech Investments

The past week’s been dominated by bank runs, by lifelines thrown to banks, by bank rescues. And yet, in the midst of a whipsaw week...

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70% of Gen Z Believes Home Ownership out of Reach
70% of Gen Z Believes Home Ownership out of Reach
March 10, 2023  |  Economy

Housing prices are coming down from their astronomical highs, but it may not be enough. Earlier this week, Corelogic released its monthly U.S. home price...

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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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Opendoor Leads Decliners as FinTech IPO Index Sheds 4.4%
Opendoor Leads Decliners as FinTech IPO Index Sheds 4.4%
February 23, 2023  |  IPO

The FinTech IPO Index was down 4.4% heading into the last few trading days of February. And as detailed earlier in the week, even though...

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FinTech Index Cut in Half Amid Year of the ‘Busted IPOs’ 
FinTech Index Cut in Half Amid Year of the ‘Busted IPOs’ 
January 03, 2023  |  IPO

The carnage that hit the FinTech IPO Index last year was nearly absolute. One number says it all, perhaps, at least in shorthand: The Index...

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FinTech IPO Index Down 3.7% as Tech Stocks Face Continued Carnage  
FinTech IPO Index Down 3.7% as Tech Stocks Face Continued Carnage  
December 22, 2022  |  Investments

The rout that tech stocks faced on Thursday captures all the pressures faced by the FinTech IPO names … and captured them in a nutshell....

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FinTech IPO Index Down 2.7% as Opendoor and Upstart Cut Staff
FinTech IPO Index Down 2.7% as Opendoor and Upstart Cut Staff
November 04, 2022  |  Investments

The ranks are thinning at FinTech firms. In a week that’s seen its share of earnings announcements and a fourth rate hike from the Federal...

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Opendoor Business Model Flaw Drives Losses on 42% of August Deals
Opendoor Business Model Flaw Drives Losses on 42% of August Deals
September 19, 2022  |  Real Estate

Opendoor Technologies reported it lost money on 42% of transactions in August as the U.S. housing market falters for builders, flippers and others looking to...

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