Upstart

nCino’s Weak Guidance Sends FinTech IPO Index 1.6% Lower
nCino’s Weak Guidance Sends FinTech IPO Index 1.6% Lower
December 06, 2024  |  Fintech Investments

The broader tech-heavy NASDAQ was 1.1% higher through the last five sessions, while the Dow hit a record before backing off a bit. But the...

READ MORE >
FinTech IPO Index Surges 3.8% as Lemonade, Affirm Lead the Pack
FinTech IPO Index Surges 3.8% as Lemonade, Affirm Lead the Pack
November 22, 2024  |  Fintech Investments

The FinTech IPO Index was 3.8% higher this past week, as Lemonade and Affirm were at the forefront of gainers, up a respective 58.5% and...

READ MORE >
Volatile FinTech Stocks Highlight Promise, Perils of Financial Services’ Digital Makeover
Volatile FinTech Stocks Highlight Promise, Perils of Financial Services’ Digital Makeover
November 08, 2024  |  Earnings

On Wall Street, what goes up must go down, and vice versa. A momentous week with a seesaw of volatility in the markets could be...

READ MORE >
FinTech IPO Comes Up Flat as Industry Processes New CFPB Rule 1033
FinTech IPO Comes Up Flat as Industry Processes New CFPB Rule 1033
October 25, 2024  |  IPO

For FinTechs in general, and the FinTech IPO Index in particular, this past week has been dominated by regulators, new rules related to data and...

READ MORE >
FinTech IPO Gains 3.7% as Upstart and Paymentus Lead Platforms Higher
FinTech IPO Gains 3.7% as Upstart and Paymentus Lead Platforms Higher
October 18, 2024  |  Fintech Investments

Earnings season is barely a week old. While the headlines have centered on big banks, Wall Street trading and credit card spending, the deluge of...

READ MORE >
Upstart Sells $2 Billion of Consumer Installment Loans to Blue Owl
Upstart Sells $2 Billion of Consumer Installment Loans to Blue Owl
October 10, 2024  |  Loans

FinTech lender Upstart Holdings has sold up to $2 billion of consumer installment loans to private credit lender Blue Owl Capital. The deal includes $290 million of personal...

READ MORE >
FinTech IPO Index Sinks 6.3% as Asia Soars but BNPL Firms Decline
FinTech IPO Index Sinks 6.3% as Asia Soars but BNPL Firms Decline
October 04, 2024  |  Fintech Investments

Even a surge in Asia-based firms — a continuation of rallies seen in the wake of macro stimulus packages in China — were not enough...

READ MORE >
FinTech IPO Index Gains 4.5% as Fed Cuts Cheer Investors
FinTech IPO Index Gains 4.5% as Fed Cuts Cheer Investors
September 20, 2024  |  Fintech Investments

Stocks had a historic week, as the Dow hit new highs and the Fed made a bit of history of its own — and the...

READ MORE >
FinTech IPO Index Jumps 5% as Sezzle and Expensify Lead the Upside
FinTech IPO Index Jumps 5% as Sezzle and Expensify Lead the Upside
August 16, 2024  |  Fintech Investments

Earnings powered the FinTech IPO Index 5% higher in a week that was, as has been the case for the last month, dominated by earnings....

READ MORE >