Upstart

FinTech IPO Index Soars 9.3% as Blend, Open Lending Lead Earnings Rallies 
FinTech IPO Index Soars 9.3% as Blend, Open Lending Lead Earnings Rallies 
May 12, 2023  |  IPO

Earnings, earnings, everywhere — and for the FinTech IPO Index, a notable rally marked the past five sessions. The overall index was up 9.3%. Blend...

READ MORE >
FinTech IPO Gains 2.1% as Platforms’ Stocks Swing Wildly
FinTech IPO Gains 2.1% as Platforms’ Stocks Swing Wildly
April 13, 2023  |  IPO

The platforms held sway this past week — where volatility reigned on Wall Street. And within the FinTech IPO Stock Index, we saw gainers and...

READ MORE >
Blend’s 40% Decline Leads FinTech Index Lower in Volatile Week
Blend’s 40% Decline Leads FinTech Index Lower in Volatile Week
March 23, 2023  |  Fintech Investments

Bank runs were only part of the story this week. And as the FinTech IPO Stock Index sank for another week, down 2.5%, the positive...

READ MORE >
Nerdwallet, Upstart Lead Earnings Avalanche as FinTech IPO Index Gains 1%
Nerdwallet, Upstart Lead Earnings Avalanche as FinTech IPO Index Gains 1%
February 16, 2023  |  Stock Index

The earnings cavalcade continues. For the FinTech IPO Index, gainers battled declining stocks to a draw.  The overall Index inched up 1.2% through the past...

READ MORE >
Fewer Loans and Higher Rates the New Norm for Less-Than-Prime Borrowers
Fewer Loans and Higher Rates the New Norm for Less-Than-Prime Borrowers
February 15, 2023  |  Personal Loans

For less than prime borrowers, personal loans are harder to come by. Recent earnings results from platform lenders show that demand for personals loans is...

READ MORE >
Affirm, Lending Platforms Lead FinTech IPO Index 8% Lower 
Affirm, Lending Platforms Lead FinTech IPO Index 8% Lower 
February 09, 2023  |  IPO

The lenders and platforms led the FinTech IPO Index down in a week, which logged an 8% loss. But for the group, overall, things are...

READ MORE >
Upstart Laying Off 365 Employees as Loan Originations Decline
Upstart Laying Off 365 Employees as Loan Originations Decline
January 31, 2023  |  Personnel

Upstart is laying off 365 employees due to reduced demand for lending. The artificial intelligence (AI) lending platform said in a Tuesday (Jan. 31) filing...

READ MORE >
Affirm, NuBank, Upstart Lead 6.4% Surge in FinTech IPO Index
Affirm, NuBank, Upstart Lead 6.4% Surge in FinTech IPO Index
January 27, 2023  |  Fintech Investments

The FinTech IPO Index has enjoyed a rebound so far, despite the usual volatility. Year to date, the group is up 22%, buoyed by the...

READ MORE >
Upstart Offers Tools to Promote ‘Omnichannel Car Buying’
Upstart Offers Tools to Promote ‘Omnichannel Car Buying’
January 19, 2023  |  Retail

Upstart is updating its auto retail platform to help dealers offer a simpler buying experience. The artificial intelligence (AI) lending marketplace announced the new applications...

READ MORE >