Upstart

FinTech IPO Index Loses 4.7% as Platforms Lead to the Downside
FinTech IPO Index Loses 4.7% as Platforms Lead to the Downside
October 27, 2023  |  Fintech Investments

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...

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FinTech IPO Index Slides 3% as Affirm and Blend Lead Declining Stocks
FinTech IPO Index Slides 3% as Affirm and Blend Lead Declining Stocks
October 06, 2023  |  Fintech Investments

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...

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FinTech IPO Index Loses 5.8% as Platforms Plunge, Offset Spate of Partnership Announcements 
FinTech IPO Index Loses 5.8% as Platforms Plunge, Offset Spate of Partnership Announcements 
September 22, 2023  |  Fintech Investments

Partnerships were the prime source of headlines this past week. But for the FinTech IPO Index, which gave up 5.8% through the past five sessions,...

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Partnerships and New Tech Announcements Dominate as FinTech IPO Slips 0.9%
Partnerships and New Tech Announcements Dominate as FinTech IPO Slips 0.9%
September 08, 2023  |  IPO

Earnings season has trailed off — and now come the headlines focused on technology, partnerships and entry into new markets as FinTechs continue to try...

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Earnings Continue to Dominate as FinTech IPO Index Loses 2.8% and Katapult Slides
Earnings Continue to Dominate as FinTech IPO Index Loses 2.8% and Katapult Slides
August 18, 2023  |  Fintech Investments

The FinTech IPO Index slid 2.8%, as earnings continued to come in, particularly from companies based overseas. Katapult shares led to the downside through the...

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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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Upstart Stock Plunges 34% After Lower-Than-Expected Guidance
Upstart Stock Plunges 34% After Lower-Than-Expected Guidance
August 09, 2023  |  artificial intelligence

Artificial intelligence (AI) lending platform Upstart saw its stock plummet 34% Wednesday (Aug. 9). This follows the company’s delivery of an outlook for the third quarter...

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Upstart’s Unsecured Loan Automation Reaches All-Time High
Upstart’s Unsecured Loan Automation Reaches All-Time High
August 08, 2023  |  Earnings

Artificial intelligence (AI) lending platform Upstart has reached a record percentage of automated unsecured loans. “Last quarter, we reached an all-time high of 88% of unsecured loans...

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 FinTech IPO Index Soars 11.9% as Upstart Gains 29% and Platforms Surge 
 FinTech IPO Index Soars 11.9% as Upstart Gains 29% and Platforms Surge 
July 14, 2023  |  Fintech Investments

This past week might be titled “The Great Platform Rally of 2023.” The FinTech IPO Index surged 11.9% through five sessions, led by double-digit gains...

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