PYMNTS-MonitorEdge-May-2024

Opendoor

FinTech IPO Index Loses 0.4% Despite Big Gains by Upstart and Sezzle
FinTech IPO Index Loses 0.4% Despite Big Gains by Upstart and Sezzle
August 09, 2024  |  Fintech Investments

The wild Wall Street ride continues as earnings have moved the FinTech IPO Index hither and yon, though the past week wound up being mostly...

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FinTech IPO Index Gives Up 6.4% as Platforms Plummet Ahead of Earnings 
FinTech IPO Index Gives Up 6.4% as Platforms Plummet Ahead of Earnings 
April 19, 2024  |  IPO

If there was a theme marking the past five days of trading, after the big banks reported earnings, and as the digital lenders that populate...

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Partnerships Dominate FinTech IPO Index News Ahead of Earnings
Partnerships Dominate FinTech IPO Index News Ahead of Earnings
April 12, 2024  |  Fintech Investments

On Friday (April 12), big banks will weigh in with their latest quarterly results, kicking off earnings season in an official manner. JPMorgan, Wells Fargo and Citi will give...

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FinTech IPO Index Loses 3.3% as Upstart Plunges on Earnings
FinTech IPO Index Loses 3.3% as Upstart Plunges on Earnings
February 23, 2024  |  IPO

Earnings season moves on, and in some cases, results underwhelmed investors — and forward-looking guidance — sending shares down significantly and the FinTech IPO Index...

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From Real-Time Home Sales to Virtual Realms: Brands Ride the Super Bowl Wave
From Real-Time Home Sales to Virtual Realms: Brands Ride the Super Bowl Wave
February 10, 2024  |  Retail

As Super Bowl weekend has consumers across the United States focused on one thing, brands and retailers are going all out to seize the opportunity...

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FinTech IPO Index Skids 6.6% as Platforms Plunge Double Digits 
FinTech IPO Index Skids 6.6% as Platforms Plunge Double Digits 
January 19, 2024  |  Fintech Investments

The Fed may not cut rates as soon as many on Wall Street would have hoped. And that means, at least for now, dampened enthusiasm...

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FinTech IPO Index Soars 55% in 2023 as Platforms Notch Triple-Digit Gains 
FinTech IPO Index Soars 55% in 2023 as Platforms Notch Triple-Digit Gains 
January 05, 2024  |  Fintech Investments

By any stretch of the imagination, the 55.7% rally in the FinTech IPO Index last year was nothing to sneeze at. And the December surge,...

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Opendoor Co-Founder Eric Wu to Resign Current Roles Jan. 1
Opendoor Co-Founder Eric Wu to Resign Current Roles Jan. 1
December 15, 2023  |  Personnel

Opendoor Co-founder Eric Wu will resign from the company effective Jan. 1. Wu will leave his roles as president of marketplace and a member of...

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FinTech IPO Index Loses 5.8% as Platforms Plunge, Offset Spate of Partnership Announcements 
FinTech IPO Index Loses 5.8% as Platforms Plunge, Offset Spate of Partnership Announcements 
September 22, 2023  |  Fintech Investments

Partnerships were the prime source of headlines this past week. But for the FinTech IPO Index, which gave up 5.8% through the past five sessions,...

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