Opendoor news and trends

FinTech IPO Index Gives Up 6.4% as Platforms Plummet Ahead of Earnings 
IPO // April 19, 2024

If there was a theme marking the past five days of trading, after the big banks reported earnings, and as the digital lenders that populate the FinTech IPO Index showed, this was the week the platforms plummeted. Get the Full Story Complete the form to...

Partnerships Dominate FinTech IPO Index News Ahead of Earnings
Fintech Investments // April 12, 2024

On Friday (April 12), big banks will weigh in with their latest quarterly results, kicking off earnings season in an official manner. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

FinTech IPO Index Loses 3.3% as Upstart Plunges on Earnings
IPO // February 23, 2024

Earnings season moves on, and in some cases, results underwhelmed investors — and forward-looking guidance — sending shares down significantly and the FinTech IPO Index as well. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

From Real-Time Home Sales to Virtual Realms: Brands Ride the Super Bowl Wave
Retail // February 10, 2024

As Super Bowl weekend has consumers across the United States focused on one thing, brands and retailers are going all out to seize the opportunity to capture shoppers’ attention. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Interviews & Exclusives
FinTech IPO Index Loses 0.4% Despite Big Gains by Upstart and Sezzle

August 09, 2024
The wild Wall Street ride continues as earnings have moved the FinTech IPO Index hither and yon, though the past week wound up being mostly a draw, as the overall Index slipped a relatively tame 0.4%. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS […]

FinTech IPO Index Gives Up 6.4% as Platforms Plummet Ahead of Earnings 

April 19, 2024
If there was a theme marking the past five days of trading, after the big banks reported earnings, and as the digital lenders that populate the FinTech IPO Index showed,...

Partnerships Dominate FinTech IPO Index News Ahead of Earnings

April 12, 2024
On Friday (April 12), big banks will weigh in with their latest quarterly results, kicking off earnings season in an official manner. Get the Full Story Complete the form to...

FinTech IPO Index Loses 3.3% as Upstart Plunges on Earnings

February 23, 2024
Earnings season moves on, and in some cases, results underwhelmed investors — and forward-looking guidance — sending shares down significantly and the FinTech IPO Index as well. Get the Full...

Quick Reads
Opendoor Co-Founder Eric Wu to Resign Current Roles Jan. 1

December 15, 2023
Opendoor Co-founder Eric Wu will resign from the company effective Jan. 1. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from […]

Opendoor Business Model Flaw Drives Losses on 42% of August Deals

September 19, 2022
Opendoor Technologies reported it lost money on 42% of transactions in August as the U.S. housing market falters for builders, flippers and others looking to sell houses, Bloomberg wrote Monday (Sept....

FTC Fines Opendoor $62M for ‘Misleading Claims’ About Home-Buying Service

August 01, 2022
The Federal Trade Commission on Monday (Aug. 1) fined online home buying firm Opendoor Labs $62 million, saying it must stop cheating potential home sellers by tricking them into thinking...

Real Estate Platform Opendoor Launches Mortgage Finance App

June 06, 2022
Real estate digital platform Opendoor has launched a financing app that the company claims lets consumers get pre-approved for a mortgage in under two minutes. Get the Full Story Complete...