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...
Upstart is laying off 365 employees due to reduced demand for lending. The artificial intelligence (AI) lending platform said in a Tuesday (Jan. 31) filing...
The FinTech IPO Index has enjoyed a rebound so far, despite the usual volatility. Year to date, the group is up 22%, buoyed by the...
Upstart is updating its auto retail platform to help dealers offer a simpler buying experience. The artificial intelligence (AI) lending marketplace announced the new applications...
In a rally that sent all names higher, FinTech IPO Index soared 13.5% through the week. That’s a milestone — the first time it’s happened...
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...
As impressive as Thursday’s (Nov. 10) historic market advance was — including the 8.9% jump in the FinTech IPO Index — a one-day rally does...
Shares of AI-lending platform Upstart plunged more than 20% Tuesday (Nov 8) evening after the company said rising interest rates and a slowing economy saw...
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...