PYMNTS-MonitorEdge-May-2024

Fintech Investments

FinTech IPO Index Surges 3.8% as Lemonade, Affirm Lead the Pack
FinTech IPO Index Surges 3.8% as Lemonade, Affirm Lead the Pack
November 22, 2024  |  Fintech Investments

The FinTech IPO Index was 3.8% higher this past week, as Lemonade and Affirm were at the forefront of gainers, up a respective 58.5% and...

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Nuvei Becomes a Private Company, Keeping Current Owners
Nuvei Becomes a Private Company, Keeping Current Owners
November 15, 2024  |  Business

Canadian FinTech Nuvei has completed its previously announced go-private transaction. As a result of the completion of the arrangement, the company expects that the subordinate voting...

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Sezzle and Expensify Jump After Earnings to Spur 4.3% FinTech IPO Index Rally
Sezzle and Expensify Jump After Earnings to Spur 4.3% FinTech IPO Index Rally
November 15, 2024  |  Fintech Investments

Stocks took a breather on Thursday (Nov. 14), but the general trend of the FinTech IPO Index was up and to the right. This week,...

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FinTech IPO Comes Up Flat as Industry Processes New CFPB Rule 1033
FinTech IPO Comes Up Flat as Industry Processes New CFPB Rule 1033
October 25, 2024  |  IPO

For FinTechs in general, and the FinTech IPO Index in particular, this past week has been dominated by regulators, new rules related to data and...

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FinTech IPO Gains 3.7% as Upstart and Paymentus Lead Platforms Higher
FinTech IPO Gains 3.7% as Upstart and Paymentus Lead Platforms Higher
October 18, 2024  |  Fintech Investments

Earnings season is barely a week old. While the headlines have centered on big banks, Wall Street trading and credit card spending, the deluge of...

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FinTech IPO Index Gains 0.4% as SoFi and MoneyLion Offset Chinese Stock Plunge
FinTech IPO Index Gains 0.4% as SoFi and MoneyLion Offset Chinese Stock Plunge
October 11, 2024  |  Fintech Investments

The past few weeks were marked by rallies in names domiciled outside the United States — particularly those based in Asia — which boosted the...

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FinTech IPO Index Sinks 6.3% as Asia Soars but BNPL Firms Decline
FinTech IPO Index Sinks 6.3% as Asia Soars but BNPL Firms Decline
October 04, 2024  |  Fintech Investments

Even a surge in Asia-based firms — a continuation of rallies seen in the wake of macro stimulus packages in China — were not enough...

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VCs Think Rate Cuts Could Help Lending FinTechs
VCs Think Rate Cuts Could Help Lending FinTechs
September 29, 2024  |  Fintech Investments

Are recent rate cuts good news for venture capitalist (VC) firms in the FinTech space? A report Sunday (Sept. 29) by TechCrunch says the answer...

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FinTech IPO Index Adds 0.5% as Chinese Stimulus Package Impacts Share Prices
FinTech IPO Index Adds 0.5% as Chinese Stimulus Package Impacts Share Prices
September 27, 2024  |  Fintech Investments

Earnings season won’t be for another few weeks. But earnings reports had some impact on the FinTech IPO Index, and gains were reserved chiefly for...

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