Upstart

Tough Week for FinTech IPO Index as Rally Fades to 6.1% Loss
Tough Week for FinTech IPO Index as Rally Fades to 6.1% Loss
December 20, 2024  |  Fintech Investments

It was a tough week for the FinTech IPO index, with last week’s rally fading in the face of some year-end trades and news events....

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nCino’s Weak Guidance Sends FinTech IPO Index 1.6% Lower
nCino’s Weak Guidance Sends FinTech IPO Index 1.6% Lower
December 06, 2024  |  Fintech Investments

The broader tech-heavy NASDAQ was 1.1% higher through the last five sessions, while the Dow hit a record before backing off a bit. But the...

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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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Volatile FinTech Stocks Highlight Promise, Perils of Financial Services’ Digital Makeover
Volatile FinTech Stocks Highlight Promise, Perils of Financial Services’ Digital Makeover
November 08, 2024  |  Earnings

On Wall Street, what goes up must go down, and vice versa. A momentous week with a seesaw of volatility in the markets could be...

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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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Upstart Sells $2 Billion of Consumer Installment Loans to Blue Owl
Upstart Sells $2 Billion of Consumer Installment Loans to Blue Owl
October 10, 2024  |  Loans

FinTech lender Upstart Holdings has sold up to $2 billion of consumer installment loans to private credit lender Blue Owl Capital. The deal includes $290 million of personal...

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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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FinTech IPO Index Gains 4.5% as Fed Cuts Cheer Investors
FinTech IPO Index Gains 4.5% as Fed Cuts Cheer Investors
September 20, 2024  |  Fintech Investments

Stocks had a historic week, as the Dow hit new highs and the Fed made a bit of history of its own — and the...

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