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 earnings avalanche continues. The FinTech 100 Index gained 5.2% in a week that saw most names rocket higher. Expensify surged 30% higher. The company said this past week that fourth-quarter revenues came in at $35.2 million, average paid members numbered 719,000 and net interchange stood at a...
Indian digital payments firm MobiKwik has filed for an initial public offering (IPO) worth up to 7 billion rupees ($84 million). This move comes after the company’s previous attempt in 2021 was postponed due to the lackluster market debut of its larger rival, Paytm, Reuters reported Friday (Jan. 5). MobiKwik had initially filed for...
Headed into the last week of the year — a shortened week due to the holidays — the FinTech IPO Index gained 8%. BNPL Bounce Continues Affirm shares gathered 6.9%, with a continued bounce on positive sentiment and partnerships surrounding buy now, pay later. As...
May 03, 2024
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 report earnings — so, perhaps, let’s call this an anticipatory rally. Katapult, the lease-to-own platform, saw its shares leap 49.7% through the past five sessions. The company filed its 10-K […]
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...
March 01, 2024
The earnings avalanche continues. The FinTech 100 Index gained 5.2% in a week that saw most names rocket higher. Expensify surged 30% higher. The company said this past week that fourth-quarter revenues came...
December 22, 2023
Headed into the last week of the year — a shortened week due to the holidays — the FinTech IPO Index gained 8%. BNPL Bounce Continues Affirm shares gathered 6.9%,...
January 05, 2024
Indian digital payments firm MobiKwik has filed for an initial public offering (IPO) worth up to 7 billion rupees ($84 million). This move comes after the company’s previous attempt in 2021 was postponed due to the lackluster market debut of its larger rival, Paytm, Reuters reported Friday (Jan. 5). MobiKwik had initially filed for a 19 billion rupees ($230 million) IPO in July 2021, […]
