April 27, 2023
FinTech IPO Index Slides 5.4% Led by MoneyLion
The FinTech IPO Index slid 5.45%, even as earnings season has yet to fully hit home in the sector. MoneyLion shares sank 29.7% through the past five sessions. The company said...
April 23, 2023
Johnson & Johnson Prepares to Test IPO Waters
Johnson & Johnson is reportedly readying an investors roadshow to take its commercial healthcare unit public. According to a Sunday (April 23) Wall Street Journal (WSJ) report, sources familiar with...
April 20, 2023
Opendoor Cuts More Staff and Leads FinTech IPO Index Down...
Earnings season has yet to fully engulf the FinTech IPO sector. But there was plenty of other news to go around — where macro headwinds were in evidence, forcing at...
April 19, 2023
Macro Economy Puts Seasonality of Working Capital in Focus
When things spiral out of control, CFOs need to have the proper controls. That’s according to Nathaniel Katz, chief financial officer at eCommerce software provider Rokt, who said during a recent interview for...
April 13, 2023
FinTech IPO Gains 2.1% as Platforms’ Stocks Swing Wildly
The platforms held sway this past week — where volatility reigned on Wall Street. And within the FinTech IPO Stock Index, we saw gainers and losers in roughly equal measure,...
April 09, 2023
SPAC Companies Heave Under Billions of Goodwill Write-Downs
The recent wave of SPAC mergers led to billions in goodwill write-offs last year. The trend — reported recently by The Wall Street Journal — illustrates the cost companies paid...
April 06, 2023
FinTech IPO Index Gains 0.3% as nCino and dLocal Post...
Earnings season’s just about over. But there were a few last reports among our FinTech IPO pantheon right before the next earnings season begins next week. Beginning in mid-April, the...
April 06, 2023
Report: Tech Funding Falls by 55% Amid Banking Crisis
Funding to U.S. tech startups reportedly plummeted 55% during the first quarter of 2023. Those companies raised $37 billion in venture capital (VC) in the first three months of the...
April 03, 2023
Paysafe Names Ex-Experian CPO Nicole Carroll Chief Strategy and Innovation...
Payments platform Paysafe has chosen its first ever chief strategy and innovation officer. Nicole Caroll, a veteran of Experian, Visa and Discover, was appointed to that new role Monday (April...