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...
The FinTech IPO Index was 2.3% higher in a week that saw the platforms roar ahead — many of them by double digits — in anticipation of earnings reports that won’t come until next month. Expensify shares were more than 33% higher for the week, followed by...
Earnings season’s in full swing and proved to be less than kind to the FinTech IPO Index, which gave up 5%. Double digit declines on the heels of various quarterly reports proved to be common through the last several sessions. NerdWallet shares gave up 28.1%....
Digital insurance provider Lemonade is continuing to incorporate artificial intelligence (AI) into its business. “Investors and analysts often ask about the practical impact of our investments in building our own tech-based insurance tech. I believe our recent quarterly results clearly demonstrate that,” Lemonade Co-founder and Co-CEO Shai Wininger...
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 the month, and now stands ahead by 40.1% as measured year to date. And to get a sense of the turbocharged momentum of the month, […]
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...
November 01, 2024
The FinTech IPO Index was 2.3% higher in a week that saw the platforms roar ahead — many of them by double digits — in anticipation of earnings reports that won’t come...
August 02, 2024
Earnings season’s in full swing and proved to be less than kind to the FinTech IPO Index, which gave up 5%. Double digit declines on the heels of various quarterly...
July 31, 2024
Digital insurance provider Lemonade is continuing to incorporate artificial intelligence (AI) into its business. “Investors and analysts often ask about the practical impact of our investments in building our own tech-based insurance tech. I believe our recent quarterly results clearly demonstrate that,” Lemonade Co-founder and Co-CEO Shai Wininger said on a Wednesday (July 31) earnings call. “With large parts […]
May 01, 2024
Digital insurance platform Lemonade said its AI investments continue to bear fruit. The company’s latest shareholder letter — while reporting a 25% increase in total revenues and a $47 million net loss, an...
March 03, 2024
Digital insurance firm Lemonade says predictions of its demise have been greatly exaggerated. The company’s stock has fallen more than 70% since it went public in 2020, and saw its shares fall...
February 28, 2024
Digital insurance platform Lemonade said artificial intelligence helped it improve its loss ratio. The figure, the ratio of losses to premiums earned, improved by 12 points year over year, the...
