PYMNTS-MonitorEdge-May-2024

Upstart

FinTech IPO Index Falls 2%; SoFi’s Galileo Leads With Move Into 3DS
FinTech IPO Index Falls 2%; SoFi’s Galileo Leads With Move Into 3DS
July 26, 2024  |  Fintech Investments

Only one name in the FinTech IPO Index posted earnings this week, as the overall group was down 1.95% through the past five days. Amid...

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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...

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FinTech IPO Index Surges 3.5% on Partnership Announcements Ahead of Earnings Season
FinTech IPO Index Surges 3.5% on Partnership Announcements Ahead of Earnings Season
July 12, 2024  |  IPO

Earnings season’s about to begin – on Friday, but the FinTech IPO Index’s 3.4% rally these past five sessions came amid several new partnership announcements....

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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...

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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...

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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....

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Earnings Deluge Helps Send FinTech IPO Index 4% Higher
Earnings Deluge Helps Send FinTech IPO Index 4% Higher
May 10, 2024  |  Fintech Investments

Earnings were everywhere this past week, driving the FinTech IPO Index 4% higher through a volatile week of trading.  Buy Now, Pay Later Momentum Sezzle...

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Upstart, Like Its Customers, Remains Focused on Return to Growth 
Upstart, Like Its Customers, Remains Focused on Return to Growth 
May 07, 2024  |  Earnings

If you are in the business of providing loans, there will always be a demand for your product.  As for the customers that need to...

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Platforms Rally to Push FinTech IPO Index 3% Higher
Platforms Rally to Push FinTech IPO Index 3% Higher
May 03, 2024  |  Fintech Investments

A 3% gain in the FinTech IPO Index this past week was led by the platforms. And in many cases, those firms have yet to...

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