PYMNTS-MonitorEdge-May-2024

Fintech Investments

Report: Revolut Could Hit $45 Billion Valuation After Share Sale
Report: Revolut Could Hit $45 Billion Valuation After Share Sale
July 23, 2024  |  Business

Revolut is reportedly preparing a share sale that would value it at $45 billion. The British FinTech is close to a deal that would see...

READ MORE >
FinTech IPO Index Up 3.8% as Lemonade Surges on UK Expansion
FinTech IPO Index Up 3.8% as Lemonade Surges on UK Expansion
July 19, 2024  |  Fintech Investments

Earnings season has yet to start making headlines and moving stocks in the FinTech IPO Index, but the overall group was up 3.8% through the...

READ MORE >
Acquisitions Dominate FinTech IPO Headlines as Index Climbs 2.2% for the Week
Acquisitions Dominate FinTech IPO Headlines as Index Climbs 2.2% for the Week
June 28, 2024  |  Fintech Investments

The FinTech IPO Index climbed 2.2% this week as a spate of acquisitions dominated the headlines headed into the end of the second quarter. One...

READ MORE >
FinTech IPO Index Slips 2.1% With Sezzle Balancing the Scales
FinTech IPO Index Slips 2.1% With Sezzle Balancing the Scales
June 21, 2024  |  Fintech Investments

The holiday-shortened week saw the FinTech IPO Index slip 2.1%. Year to date, the index has eked out a meager 2.3% gain. Apple’s continued push...

READ MORE >
Payment Network Zilch Aims to Triple Sales After Raising $127 Million
Payment Network Zilch Aims to Triple Sales After Raising $127 Million
June 19, 2024  |  Investments

British payments FinTech Zilch has raised $127 million in debt financing via Deutsche Bank. The funding will help the company accelerate its ability to launch...

READ MORE >
FinTech IPO Tracker Loses 3.8% Despite Affirm’s Rally on Apple Pay Tie-up
FinTech IPO Tracker Loses 3.8% Despite Affirm’s Rally on Apple Pay Tie-up
June 14, 2024  |  Fintech Investments

Affirm saw its stock rally 7.8% this past week, but the overall trend for the FinTech IPO Index was down, as the group sank 3.8%....

READ MORE >
FinTech IPO Index Ticks Down as Earnings Season Wraps Up
FinTech IPO Index Ticks Down as Earnings Season Wraps Up
June 07, 2024  |  Fintech Investments

The first week of June brought scant movement for the FinTech IPO Index overall, as the group moved 0.6% lower, and earnings continued to trickle...

READ MORE >
FinTech IPO Index Gains 1.2% as MoneyLion and Sezzle Surge
FinTech IPO Index Gains 1.2% as MoneyLion and Sezzle Surge
May 31, 2024  |  Fintech Investments

Earnings dragged down several names in the FinTech IPO Index, but the overall performance was positive, up 1.2%. A few double-digit gainers led the way....

READ MORE >
BNPL Regulation Grabs Headlines as FinTech IPO Index Loses 2.7%
BNPL Regulation Grabs Headlines as FinTech IPO Index Loses 2.7%
May 24, 2024  |  Fintech Investments

The FinTech IPO Index lost 2.6% as earnings trickled in. The buy now pay later (BNPL) space, arguably, held sway — dominating headlines as the...

READ MORE >