Canadian FinTech Nuvei has completed its previously announced go-private transaction. As a result of the completion of the arrangement, the company expects that the subordinate voting shares will be de-listed from the Toronto Stock Exchange around Monday (Nov. 18) and from the Nasdaq Global Select Market...
Stocks took a breather on Thursday (Nov. 14), but the general trend of the FinTech IPO Index was up and to the right. This week, as has been seen through the last several weeks, earnings continued to roll in, as buy now, pay later (BNPL)...
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 disclosure, and legal wrangling in the courts. Shares of Sezzle surged 19.8% through the past five sessions, while Affirm lost...
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 quarterly reports has yet to be seen from the digital upstarts populating the FinTech IPO Index. We’ll get there for...
November 22, 2024
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 23.6%. A broad-based rally in the overall markets Thursday — as tech stocks got a boost from Nvidia’s earnings – helped with momentum. As for Lemonade, the stock’s jump extended a […]
November 15, 2024
Stocks took a breather on Thursday (Nov. 14), but the general trend of the FinTech IPO Index was up and to the right. This week, as has been seen through...
October 25, 2024
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 disclosure, and legal wrangling in...
October 18, 2024
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 quarterly reports has yet to...
November 15, 2024
Canadian FinTech Nuvei has completed its previously announced go-private transaction. As a result of the completion of the arrangement, the company expects that the subordinate voting shares will be de-listed from the Toronto Stock Exchange around Monday (Nov. 18) and from the Nasdaq Global Select Market around Nov. 25, Nuvei said in a Friday (Nov. 15) press […]
September 29, 2024
Are recent rate cuts good news for venture capitalist (VC) firms in the FinTech space? A report Sunday (Sept. 29) by TechCrunch says the answer is yes, particularly for those...
September 18, 2024
Finastra’s Treasury and Capital Markets (TCM) unit reportedly may be offered for sale. Private equity firm Vista Equity Partners is working with global investment bank Evercore to sell the TCM...
July 23, 2024
Revolut is reportedly preparing a share sale that would value it at $45 billion. The British FinTech is close to a deal that would see it sell roughly $500 million...
