The majority of names in the FinTech IPO Index traded lower through a tumultuous five sessions of stock market activity that was dominated by tariffs. But, when you have a company whose shares spike more than 820%, that’s enough to move the whole group upward....
The past five trading days have been a roller coaster, as interest rates and the Fed’s stance on cuts to those rates proved top of mind. Although comments from the central bank pointed to slowing growth and higher inflation, the FinTech IPO Index was up...
The platforms that have banks embedded in their operations are taking more of their lending activities into a direct model, giving momentum to income streams well beyond the confines of peer-to-peer transactions. As had been reported last week, Block said that its Square Financial Services...
Hotel rewards program Wyndham Rewards partnered with Galileo Financial Technologies, SoFi’s technology platform, to launch a debit card that lets users earn travel rewards and points on everyday spend. The new Wyndham Rewards Debit Card is designed to cater to the many travelers, particularly younger...
April 11, 2025
The majority of names in the FinTech IPO Index traded lower through a tumultuous five sessions of stock market activity that was dominated by tariffs. But, when you have a company whose shares spike more than 820%, that’s enough to move the whole group upward. That was the case this last week, as the overall […]
March 21, 2025
The past five trading days have been a roller coaster, as interest rates and the Fed’s stance on cuts to those rates proved top of mind. Although comments from the...
March 14, 2025
Markets were awash in a sea of red this past week, and the broader gauges, such as the Dow and the S&P 500 Stock Index, have touched correction territory, down...
March 07, 2025
March’s dawn brings with it the last vestiges of earnings season — and for the FinTech IPO Index, key headlines were focused on quarterly reports and a few announcements of...
April 17, 2025
SoFi has secured agreements that amount to a $3.2 billion expansion to its Loan Platform Business, which refers prequalified borrowers to loan origination partners and originates loans on behalf of third parties. One agreement includes a $2 billion extension of an earlier agreement for personal loans with fund managed by affiliates of global investment manager […]
March 17, 2025
Hotel rewards program Wyndham Rewards partnered with Galileo Financial Technologies, SoFi’s technology platform, to launch a debit card that lets users earn travel rewards and points on everyday spend. The...
March 13, 2025
SoFi has finalized an agreement with Blue Owl Capital worth at least $5 billion. The deal with the asset manager, announced Thursday (March 13), will allow SoFi to expand its...
March 03, 2025
SoFi says it has closed a $697.6 million secularization of loan platform business volume. This transaction, the company announced Monday (March 3), was a “co-contributor securitization” with collateral made up...
