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...
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,...
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...
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...
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...
Government data pointing to cooling inflation helped buoy FinTech IPO names this past week. Retail sales data Thursday (June 15) showed that consumer spending remains...
The FinTech IPO Index’s 3.4% gains were outpaced this week by outsized momentum in names like SoFi, while earnings reports in other holdings continued to...
The FinTech IPO gathered 2.4% in a week that saw the last few remnants of earnings reports trickle in. And of course, beyond the revenues...
Earnings, earnings, everywhere — and for the FinTech IPO Index, a notable rally marked the past five sessions. The overall index was up 9.3%. Blend...