Upstart

FinTech IPO Names Surge 3.8% With SoFi and Upstart Leading the Charge
FinTech IPO Names Surge 3.8% With SoFi and Upstart Leading the Charge
June 16, 2023  |  Fintech Investments

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...

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FinTech IPO Index Rallies 3.4%, SoFi Soars on Optimism Over Student Loans  
FinTech IPO Index Rallies 3.4%, SoFi Soars on Optimism Over Student Loans  
June 02, 2023  |  IPO

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...

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FinTech IPO Index Gains 2.4% as Upstart Soars on Consumer Loan Sale
FinTech IPO Index Gains 2.4% as Upstart Soars on Consumer Loan Sale
May 19, 2023  |  Fintech Investments

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...

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FinTech IPO Index Soars 9.3% as Blend, Open Lending Lead Earnings Rallies 
FinTech IPO Index Soars 9.3% as Blend, Open Lending Lead Earnings Rallies 
May 12, 2023  |  IPO

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...

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FinTech IPO Gains 2.1% as Platforms’ Stocks Swing Wildly
FinTech IPO Gains 2.1% as Platforms’ Stocks Swing Wildly
April 13, 2023  |  IPO

The platforms held sway this past week — where volatility reigned on Wall Street. And within the FinTech IPO Stock Index, we saw gainers and...

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Blend’s 40% Decline Leads FinTech Index Lower in Volatile Week
Blend’s 40% Decline Leads FinTech Index Lower in Volatile Week
March 23, 2023  |  Fintech Investments

Bank runs were only part of the story this week. And as the FinTech IPO Stock Index sank for another week, down 2.5%, the positive...

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Nerdwallet, Upstart Lead Earnings Avalanche as FinTech IPO Index Gains 1%
Nerdwallet, Upstart Lead Earnings Avalanche as FinTech IPO Index Gains 1%
February 16, 2023  |  Stock Index

The earnings cavalcade continues. For the FinTech IPO Index, gainers battled declining stocks to a draw.  The overall Index inched up 1.2% through the past...

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Fewer Loans and Higher Rates the New Norm for Less-Than-Prime Borrowers
Fewer Loans and Higher Rates the New Norm for Less-Than-Prime Borrowers
February 15, 2023  |  Personal Loans

For less than prime borrowers, personal loans are harder to come by. Recent earnings results from platform lenders show that demand for personals loans is...

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Affirm, Lending Platforms Lead FinTech IPO Index 8% Lower 
Affirm, Lending Platforms Lead FinTech IPO Index 8% Lower 
February 09, 2023  |  IPO

The lenders and platforms led the FinTech IPO Index down in a week, which logged an 8% loss. But for the group, overall, things are...

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