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...
The last few names are coming in with their earnings reports — and while September’s quarter end seems long ago and far away, investors largely cheered the FinTech IPO names that disclosed results. The FinTech IPO Index was up 5.1% this past week. MoneyLion Leads...
The FinTech IPO Index barely budged this past week, giving up a slight 0.1% through the past five sessions. A bit less than three months from now, earnings season will be in full swing again, and we’ll see if the lending picture has brightened, if...
The last of the earnings reports are trickling in across the FinTech IPO Index, with more decliners than gainers, which in turn helped send the index down 2.4% for the week. OneConnect posted results that showed total revenues declining in the most recent quarter by 9.1% year...
April 26, 2024
For the companies populating the FinTech IPO Index, earnings have been part of the continuing avalanche of headlines this past week. Earnings Begin to Trickle In Oportun shares soared 32.5%. The company this week announced preliminary results that showed expected revenue ranges of $248 million to $250 million in the first quarter, down from $295.5 […]
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%,...
November 17, 2023
The last few names are coming in with their earnings reports — and while September’s quarter end seems long ago and far away, investors largely cheered the FinTech IPO names...
August 25, 2023
The FinTech IPO Index barely budged this past week, giving up a slight 0.1% through the past five sessions. A bit less than three months from now, earnings season will...
October 23, 2020
Chinese FinTech Lufax is hoping to get as much as $2.36 billion from the initial public offering (IPO) filed earlier this month, according to a report in CNBC on Friday (Oct. 23). Backed by financial services conglomerate Ping An Group, the Shanghai-based startup has filed with the SEC to list on the New York Stock […]
August 12, 2020
Online wealth management platform Lufax is the latest to file plans for an IPO in the United States as Chinese firms rush to go public before tough new federal disclosure...
July 19, 2019
One of China’s largest online wealth management platforms is leaving its peer-to-peer lending (P2P) business behind. Three sources have told Reuters that Lufax, which is backed by Ping An Insurance,...
September 07, 2017
With China tightening its regulations, some of the country’s largest FinTech startups are eyeing initial public offerings (IPOS) overseas. According to a report in Finextra, China’s A-share market is only...
