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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 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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Opendoor Cuts More Staff and Leads FinTech IPO Index Down 0.7%
Opendoor Cuts More Staff and Leads FinTech IPO Index Down 0.7%
April 20, 2023  |  IPO

Earnings season has yet to fully engulf the FinTech IPO sector. But there was plenty of other news to go around — where macro headwinds...

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Oportun, Katapult Drive FinTech IPO Index Down 4.1%
Oportun, Katapult Drive FinTech IPO Index Down 4.1%
March 17, 2023  |  Fintech Investments

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...

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70% of Gen Z Believes Home Ownership out of Reach
70% of Gen Z Believes Home Ownership out of Reach
March 10, 2023  |  Economy

Housing prices are coming down from their astronomical highs, but it may not be enough. Earlier this week, Corelogic released its monthly U.S. home price...

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FinTech IPO Index Extends Earnings-Led Downdraft as Marqeta Sheds 24%  
FinTech IPO Index Extends Earnings-Led Downdraft as Marqeta Sheds 24%  
March 03, 2023  |  Fintech Investments

Investors were in a “shoot first, ask questions later” frame of mind this past week. As for the FinTech IPO Index, earnings reports helped send...

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Opendoor Leads Decliners as FinTech IPO Index Sheds 4.4%
Opendoor Leads Decliners as FinTech IPO Index Sheds 4.4%
February 23, 2023  |  IPO

The FinTech IPO Index was down 4.4% heading into the last few trading days of February. And as detailed earlier in the week, even though...

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FinTech Index Cut in Half Amid Year of the ‘Busted IPOs’ 
FinTech Index Cut in Half Amid Year of the ‘Busted IPOs’ 
January 03, 2023  |  IPO

The carnage that hit the FinTech IPO Index last year was nearly absolute. One number says it all, perhaps, at least in shorthand: The Index...

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