FinTech IPO Index

FinTech IPO Index Plunges 6.6% as Upstart and Nuvei Earnings Weigh on Shares
FinTech IPO Index Plunges 6.6% as Upstart and Nuvei Earnings Weigh on Shares
August 11, 2023  |  Fintech Investments

Seemingly everywhere you looked this past week, earnings were the sole arbiter of how stocks performed. And no matter the earnings, almost across the board,...

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Beike Finance and XP Surge as FinTech IPO Index Heads Up 0.5%
Beike Finance and XP Surge as FinTech IPO Index Heads Up 0.5%
July 28, 2023  |  Fintech Investments

The platforms held sway this past week, gaining some ground ahead of earnings due through the next several days. And as a result, the FinTech...

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Toast’s 15.5% Plunge Helps Lead FinTech IPO Index Lower for the Week
Toast’s 15.5% Plunge Helps Lead FinTech IPO Index Lower for the Week
July 21, 2023  |  IPO

Toast shares got scorched in a week that saw the FinTech IPO Index give up 0.3%. And earnings season has yet to begin in earnest...

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 FinTech IPO Index Soars 11.9% as Upstart Gains 29% and Platforms Surge 
 FinTech IPO Index Soars 11.9% as Upstart Gains 29% and Platforms Surge 
July 14, 2023  |  Fintech Investments

This past week might be titled “The Great Platform Rally of 2023.” The FinTech IPO Index surged 11.9% through five sessions, led by double-digit gains...

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FinTech IPO Index Slips 1% as Affirm Sinks on Analyst Downgrade
FinTech IPO Index Slips 1% as Affirm Sinks on Analyst Downgrade
July 07, 2023  |  Fintech Investments

The job numbers came in hot. The Fed looks set to raise rates. And the interest rate-sensitive names in the FinTech IPO Index took a...

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FinTech IPO Gains 1.5% as Opendoor Surges on Sell-Side Enthusiasm 
FinTech IPO Gains 1.5% as Opendoor Surges on Sell-Side Enthusiasm 
June 30, 2023  |  Fintech Investments

The platforms surged — many of them anyway.   And yet the FinTech IPO Index was up a muted 1.5% headed into the end of the...

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 FinTech IPO Index Slips 2.7% Despite nCino’s Surge on Deal Rumors 
 FinTech IPO Index Slips 2.7% Despite nCino’s Surge on Deal Rumors 
June 23, 2023  |  IPO

Even some skyrocketing performers — up double digits — were not enough to boost the FinTech IPO Index. The pantheon lost 2.7%, despite rumors of...

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FinTech IPO Index Rallies 3.4%, SoFi Soars on Optimism Over Student Loans  
FinTech IPO Index Rallies 3.4%, SoFi Soars on Optimism Over Student Loans  
June 02, 2023  |  IPO

The FinTech IPO Index’s 3.4% gains were outpaced this week by outsized momentum in names like SoFi, while earnings reports in other holdings continued to...

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FinTech IPO Index Slips 2.4% as OneConnect, Lufax Decline After Earnings Reports 
FinTech IPO Index Slips 2.4% as OneConnect, Lufax Decline After Earnings Reports 
May 25, 2023  |  Fintech Investments

The last of the earnings reports are trickling in across the FinTech IPO Index, with more decliners than gainers, which in turn helped send the...

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