March 30, 2023
FinTech IPO Index Gets 1.7% Boost on OppFi, Huize Earnings
One day left in the quarter. And then earnings season begins again in just a few short weeks. But even over the last several days, as March draws to a...
March 30, 2023
BNPL’s Low Profitability May Not Matter for Apple
At first glance, Apple’s announcement of its Pay Later program, starting with select users before expanding in the coming months, seems to make little sense. After all, the FinTech-led buy...
March 26, 2023
IPO Fundraising Falls 70% Amid Banking Crisis
The global market for initial public offerings continues to struggle amid banking sector upheaval. That’s according to data published Sunday (March 26) by Bloomberg News, which found companies have $19.7...
March 24, 2023
FinTechs That Went Public Since 2020 Trade 54% Below Listing...
It once seemed like FinTechs going public had limitless funding if investors saw potential. That mindset may be becoming a thing of the past. If only FinTechs could turn back...
March 23, 2023
Blend’s 40% Decline Leads FinTech Index Lower in Volatile Week
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 returns year to date are...
March 17, 2023
Tiger, SoftBank Writedowns of Private Tech Holdings Signal Chilling Effect...
Valuation of investments and companies remains an exercise in paper gains and paper losses. Nothing’s final until the investor, the VC fund or the mutual fund pulls the trigger. But...
March 17, 2023
Oportun, Katapult Drive FinTech IPO Index Down 4.1%
The past week’s been dominated by bank runs, by lifelines thrown to banks, by bank rescues. And yet, in the midst of a whipsaw week for tech stocks, there was...
March 13, 2023
The Silicon Valley Bank Story No One Has Told
It’s almost an eerie coincidence. Nearly three years to the day that the World Health Organization declared the novel Coronavirus a global pandemic, Silicon Valley Bank collapsed. The mass exodus...
March 10, 2023
Lending Platforms Plunge as Tech Rout Sends FinTech IPO Index...
It wasn’t just crypto that had investors running for the exits. And it wasn’t just talk of more rate hikes from the Fed that had investors hitting the sell button....