PYMNTS-MonitorEdge-May-2024

Upstart

Upstart Unveils Custom Loan Tool for Banks and CUs
Upstart Unveils Custom Loan Tool for Banks and CUs
April 25, 2024  |  Loans

Lending marketplace Upstart has debuted a tool to help lenders offer customized loan offers. That tool, dubbed Recognized Customer Personalization (RCP), lets banks and credit unions (CUs) identify when...

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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 Up Slightly as nCino’s Gains Offset Huize’s Slide
FinTech IPO Index Up Slightly as nCino’s Gains Offset Huize’s Slide
March 29, 2024  |  Fintech Investments

Earning season’s set to begin in just a few weeks — but we’re still not quite done with, well, earnings season. The FinTech IPO Index...

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Florida-Based Liberty Savings Bank Taps Upstart to Provide Personal Loans
Florida-Based Liberty Savings Bank Taps Upstart to Provide Personal Loans
March 21, 2024  |  Partnerships

Florida-based Liberty Savings Bank has partnered with artificial intelligence (AI) lending marketplace Upstart to provide personal loans.  The bank, which serves Florida’s Sarasota-Manatee County and has...

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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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FinTech IPO Surges 4.6% as Robinhood Leads Earnings Season Rally 
FinTech IPO Surges 4.6% as Robinhood Leads Earnings Season Rally 
February 16, 2024  |  Fintech Investments

Earnings reports moved several components of the FinTech IPO significantly higher — and lower — and took the overall index up 4.6% through the past...

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Upstart Says Automated Credit Origination Process Draws ‘Best Borrowers’
Upstart Says Automated Credit Origination Process Draws ‘Best Borrowers’
February 13, 2024  |  Earnings

Upstart achieved an all-time high in its automated credit origination process in the fourth quarter. The artificial intelligence (AI) lending marketplace had 89% of its unsecured...

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FinTech IPO Index Ekes Out 0.6% Gain Led by Katapult and Nuvei
FinTech IPO Index Ekes Out 0.6% Gain Led by Katapult and Nuvei
February 09, 2024  |  Fintech Investments

The FinTech IPO Index gains 0.6%, with only a bit of earnings in the mix — and with a spate of partnership announcements dominating the...

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FinTech IPO Index Adds 0.5% as SoFi Weighs In With Earnings 
FinTech IPO Index Adds 0.5% as SoFi Weighs In With Earnings 
February 02, 2024  |  Fintech Investments

Headed into the end of January, and with earnings season in full swing, the FinTech IPO Index was up a slight 0.5%. Earnings Capture Headlines...

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