Deal-making dominated the headlines this past week as the FinTech IPO Index lost 2.9%. Nuvei’s stock gained 2.4%. As reported by PYMNTS, Nuvei is being taken private in a $6.3 billion deal with private equity firm Advent International. Nuvei CEO Philip Fayer will reportedly control...
The Fed may not cut rates as soon as many on Wall Street would have hoped. And that means, at least for now, dampened enthusiasm for loans, perhaps some pressure on loan payments … … and so the FinTech IPO Index plummeted 6.6% in a...
Mixed performances across the FinTech IPO Index brought about a negative 1% return through the past week. The specter of interest rates staying lofty for longer — because the latest inflation data came in a bit hot — may have muddied investor sentiment, lenders, platforms...
Digital banking solutions provider Alkami is offering clients access to Plaid’s application programming interface (API). The new offering, announced Thursday (Nov. 9) lets Alkami’s financial institution (FI) clients benefit from the API from Plaid, whose data network that powers more than 8,000 financial services and apps. “This is a first-to-market...
June 07, 2024
The first week of June brought scant movement for the FinTech IPO Index overall, as the group moved 0.6% lower, and earnings continued to trickle in, essentially wrapping up a busy few weeks of quarterly reports. Huize was up 30%, continuing to ride a post earnings rally from late last month, where the company reported […]
April 04, 2024
Deal-making dominated the headlines this past week as the FinTech IPO Index lost 2.9%. Nuvei’s stock gained 2.4%. As reported by PYMNTS, Nuvei is being taken private in a $6.3...
January 19, 2024
The Fed may not cut rates as soon as many on Wall Street would have hoped. And that means, at least for now, dampened enthusiasm for loans, perhaps some pressure...
January 12, 2024
Mixed performances across the FinTech IPO Index brought about a negative 1% return through the past week. The specter of interest rates staying lofty for longer — because the latest...
November 12, 2023
Digital banking solutions provider Alkami is offering clients access to Plaid’s application programming interface (API). The new offering, announced Thursday (Nov. 9) lets Alkami’s financial institution (FI) clients benefit from the API from Plaid, whose data network that powers more than 8,000 financial services and apps. “This is a first-to-market partnership with Plaid for Alkami where a majority of financial […]
July 12, 2022
Cloud-based digital banking firm Alkami will be teaming with upSWOT, a FinTech offering mobile banking solutions, to connect apps for data analysis and insight, which a press release on Tuesday...
March 28, 2022
Alkami Technology Inc., the Texas cloud-based digital banking provider, has agreed to acquire digital solutions provider Segmint for $135.5 million, Alkami announced Monday (March 28). Combining the data of Alkami and...
February 16, 2022
Digital payments company Payrailz announced Wednesday (Feb. 16) that its payment services are now available through the Alkami platform, allowing financial institutions (FIs) to deliver Payrailz’s smart, more engaging payment...
