Now that’s a rally. In what was inarguably the most explosive five trading days of its history, the FinTech IPO Index surged 22.5%, and now stands more than 68% higher year to date. And a key part of the stellar performance can be attributed to...
The broader tech-heavy NASDAQ was 1.1% higher through the last five sessions, while the Dow hit a record before backing off a bit. But the FinTech IPO Index saw the inverse of that momentum, sliding 1.6%. Toast and nCino Lead to the Downside Toast’s stock...
The end of November is here — due to the holiday-shortened trading week — and for the FinTech IPO Index, the month was stellar. The index was up 25.5% through the month, and now stands ahead by 40.1% as measured year to date. And to...
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...
December 20, 2024
It was a tough week for the FinTech IPO index, with last week’s rally fading in the face of some year-end trades and news events. Every company, except OppFi, was down, leading the index to drop a shade over 6% for the week. Among the biggest movers for the week: Sezzle: The buy now, pay […]
December 13, 2024
Now that’s a rally. In what was inarguably the most explosive five trading days of its history, the FinTech IPO Index surged 22.5%, and now stands more than 68% higher...
December 06, 2024
The broader tech-heavy NASDAQ was 1.1% higher through the last five sessions, while the Dow hit a record before backing off a bit. But the FinTech IPO Index saw the...
November 29, 2024
The end of November is here — due to the holiday-shortened trading week — and for the FinTech IPO Index, the month was stellar. The index was up 25.5% through...
March 26, 2023
The global market for initial public offerings continues to struggle amid banking sector upheaval. That’s according to data published Sunday (March 26) by Bloomberg News, which found companies have $19.7 billion via initial public offerings (IPOs), down 70% year-over-year and the lowest comparable level since 2019. The largest drop happened in the U.S., where companies […]
